How to Buy Wrapped Bitcoin (WBTC)Price of Wrapped Bitcoin (24h)$1.000.01%Log In to Buy Wrapped Bitcoin(WBTC)
Buy Wrapped Bitcoin (WBTC) on KuCoin in Four Simple Steps
Create Your Free KuCoin Account
Secure Your Account
Verify Your Account
Add a Payment Method
Buy Wrapped Bitcoin (WBTC)
Choose How You Want to Buy Wrapped Bitcoin on KuCoin
Buy Wrapped Bitcoin (WBTC) with a Credit or Debit Card
How to Buy Crypto With Credit Debit Card Web
Buy Wrapped Bitcoin (WBTC) via Bank Transfer
Buy Wrapped Bitcoin (WBTC) Using Third-Party Channels
Buy Wrapped Bitcoin (WBTC) with crypto on the KuCoin Spot Market
Get Your First Wrapped Bitcoin (WBTC) with KuCoinGet Started Now
How to Store Wrapped Bitcoin (WBTC)
Store Wrapped Bitcoin in Your KuCoin Account
Hold Your Wrapped Bitcoin in Non-Custodial Wallets
What Can You Do with Wrapped Bitcoin (WBTC) on KuCoin?
Why Is KuCoin the Best Platform to Buy Wrapped Bitcoin (WBTC)?
Safe and Trusted
Home of Crypto Gems
Is Wrapped Bitcoin (WBTC) a Good Investment?
Wrapped Bitcoin has the same inherent value as Bitcoin, the world’s first and largest cryptocurrency by market cap. Investing in WBTC is very similar to investing in BTC, except that it gives you the flexibility to do more with the crypto than just making payments, trading, and HODLing on different blockchains.
As Bitcoin has a fixed supply and turns even more attractive as an asset to invest in and hold among institutional investors worldwide, the value of BTC and the corresponding WBTC price could head higher. An increased interest in BTC can make Wrapped Bitcoin a sound investment to consider.
Bullish sentiment among investors towards the crypto market in general and Bitcoin, in particular, can be one of the most vital fundamentals driving up the Wrapped Bitcoin price and making it a valuable investment. In addition, the growth of the decentralized finance markets can also make WBTC even more valuable as an asset to invest in, letting you trade and invest in WBTC via DEXs and DeFi platforms.
Beyond DeFi, the rising adoption of Wrapped Bitcoin as an accepted payment method by businesses worldwide can make it an exciting crypto asset to include in your portfolio. The Wrapped Bitcoin cryptocurrency could also trend higher in price and demand as more dApps integrate this crypto for use.
BTC vs. WBTC: Difference Between Bitcoin and Wrapped Bitcoin
Wrapped Bitcoin is the tokenized representation of Bitcoin as an ERC-20 token on the Ethereum network. Its value is based on the original Bitcoin price. Here are the key differences between these two crypto assets:
Blockchain: Bitcoin vs. Ethereum
BTC - the original cryptocurrency, operates on the Bitcoin network. It is the world’s first and largest digital asset by crypto market cap. On the other hand, WBTC is one of several digital assets functioning in the Ethereum ecosystem.
Bitcoin has limited use cases because its blockchain cannot handle smart contracts and dApps. This led to the creation of WBTC, a wrapped version of Bitcoin that could be programmed via smart contracts, used in decentralized apps, and functioned as a crypto asset to lend liquidity to decentralized exchanges running on Ethereum.
Can You Mine Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin, unlike native Bitcoin, exists as a token on the Ethereum blockchain and cannot be mined. It is programmed using smart contracts and cannot be generated without being backed by BTC reserves.
The only way to create WBTC is by depositing BTC crypto with merchants, who then perform the swapping operation and mint WBTC tokens to send to the users. WBTC tokens are also burned whenever users request a return on BTC by sending back the WBTC tokens and exchanging them for Bitcoin.
However, there are other ways to obtain Wrapped Bitcoin crypto, including trading or buying them on CEXs and DEXs. You can earn WBTC through staking, lending liquidity, or yield farming on supported platforms.
How to Convert BTC to WBTC in MetaMask
You cannot use MetaMask directly to convert Bitcoin into Wrapped Bitcoin. This is because the MetaMask wallet is Ethereum-based and does not have support for the Bitcoin cryptocurrency.
However, you can perform swaps between BTC and WBTC on exchanges such as KuCoin or DeFi platforms that support the transactions. The easiest way to convert BTC to WBTC is by heading to the KuCoin Spot Trading section to trade the WBTC/BTC crypto pair.
On this page, you can exchange Bitcoin for Wrapped Bitcoin by selling BTC to buy WBTC. You can then send the swapped WBTC from your KuCoin trading account into MetaMask to store or use from there.
How to Swap WBTC for BTC
You can swap your Wrapped Bitcoin back to Bitcoin using exchanges and DeFi platforms that offer these cryptocurrencies among their listings. Some digital wallets use Unwrap features to let you swap WBTC for BTC.
Such an option is also available on DeFi bridges which support the transfer of cryptocurrencies from one blockchain to another. Look for a bridge that supports the transfer of Ethereum-based ERC-20 tokens to native Bitcoin to perform such a swap.
Another convenient and safe way to swap WBTC for BTC is to use a cryptocurrency exchange like KuCoin to sell Wrapped Bitcoin. On KuCoin’s Spot Trading section, all you need to do is to sell the WBTC/BTC pair to swap your Wrapped Bitcoin tokens for Bitcoins.
Wrapped Bitcoin (WBTC) Price Analysis
Live PriceThe live price of WBTC is 27,072.31976 USD, representing a decrease of -0.04% in the past 7 days and 0.01% increase in the past 24 hours.
Historical TrendsThe all-time high of WBTC was 67,011 USD on 11-15, 2021, from which the coin is now down -59.60%.
The all-time low of WBTC was 3,330.11634 USD, from which the coin is now up 87.70%.