#16 rank
Wrapped Bitcoin

Wrapped Bitcoin wbtc

Wrapped Bitcoin Price in INR

₹5,851,108.501

6.02%

19.82 ETH

70,210.32 USD

1.001 BTC

Price Change

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MAX

Wrapped Bitcoin Price Statistics

Current Price

₹5,851,108.501

Fully Diluted MarketCap

₹918,475,036,050.14

Total Volume

427,749,248

Total Supply

155,474.898

Circulating Supply

155,474.898

What is Wrapped Bitcoin?

Bitcoin that lives on the Ethereum blockchain is called Wrapped Bitcoin or wBTC. wBTC is backed 1:1 with Bitcoin. A company known as Bitgo Reserve holds the backed Bitcoin. wBTC lets users use Bitcoin on the Ethereum ecosystem

The Team Behind Wrapped Bitcoin?

Wrapped Bitcoin or wBTC was launched in 2019 through a joint project of BitGo, Kyber Network, and Ren. Bitgo is an institutional digital asset financial services firm. Kyber is a Defi application on the Ethereum Blockchain. Ren is focused on the cross-blockchain integration of cryptocurrency

What Makes it Promising?

The main reasons to invest in wrapped bitcoin are: 1. Wrapped Bitcoin allows Bitcoin exposure in the Ethereum ecosystem. 2. wBTC can be used in DeFi applications on different blockchains like Ethereum

FAQs

The current price of Wrapped Bitcoin is INR 5,851,108.501.

The total supply of Wrapped Bitcoin is 155,474.898 and circulating supply of Wrapped Bitcoin is 155,474.898

The trading volume of Wrapped Bitcoin is 427,749,248 in the last 24 hours.