Wrapped Bitcoin Price Tops $64,035.43 (WBTC)

Wrapped Bitcoin (WBTC) traded 1.3% higher against the dollar during the 24-hour period ending at 21:00 PM E.T. on April 29th. Over the last week, Wrapped Bitcoin has traded 4.3% lower against the dollar. Wrapped Bitcoin has a market capitalization of $9.95 billion and approximately $205.89 million worth of Wrapped Bitcoin was traded on exchanges in the last 24 hours. One Wrapped Bitcoin token can currently be purchased for $64,035.43 or 0.99652309 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 1.9% lower against the dollar and now trades at $0.29 or 0.00000453 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded up 48,318,147.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% lower against the dollar and now trades at $0.0096 or 0.00000015 BTC.

Wrapped Bitcoin Profile

Wrapped Bitcoin’s launch date was November 27th, 2018. Wrapped Bitcoin’s total supply is 155,385 tokens. Wrapped Bitcoin’s official Twitter account is @wrappedbtc and its Facebook page is accessible here. The official website for Wrapped Bitcoin is wbtc.network.

According to CryptoCompare, “Wrapped Bitcoin (WBTC) is an ERC-20 token representing Bitcoin on Ethereum. It enhances liquidity and enables Bitcoin’s use in DeFi. Managed by the WBTC DAO, it integrates with wallets, dapps, and smart contracts. WBTC is utilized for lending, borrowing, swapping, yield farming, and liquidity pools in Aave, Balancer, Compound, Kyber Network, MakerDAO, and Uniswap. WBTC was collaboratively launched in January 2019 by BitGo, Ren, Dharma, Kyber, Compound, MakerDAO, and Set Protocol. Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.”

Wrapped Bitcoin Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Wrapped Bitcoin directly using US dollars. Investors seeking to trade Wrapped Bitcoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Wrapped Bitcoin using one of the exchanges listed above.

WBTC/USD price chart by TradingView