Cryptocurrency Q&A What is the difference between BTC and wrapped BTC?

What is the difference between BTC and wrapped BTC?

Caterina Caterina Sun Dec 22 2024 | 6 answers 1151
I want to understand the distinction between BTC and wrapped BTC. How are they different from each other in terms of their functionality and usage in the crypto world? What is the difference between BTC and wrapped BTC?

6 answers

CryptoLodestar CryptoLodestar Tue Dec 24 2024
Bitcoin has solidified its position as the most valuable cryptocurrency globally, measured by market capitalization.

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GeishaWhisper GeishaWhisper Tue Dec 24 2024
WBTC tokens offer holders a unique opportunity to engage with Ethereum's burgeoning DeFi landscape.

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HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Tue Dec 24 2024
Wrapped Bitcoin (WBTC) serves as an ERC-20 token that mirrors Bitcoin's value on the Ethereum blockchain.

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DigitalDragonfly DigitalDragonfly Tue Dec 24 2024
By holding WBTC, users can provide liquidity to various DeFi applications and protocols on the Ethereum network.

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Riccardo Riccardo Tue Dec 24 2024
This innovative token enables users to seamlessly exchange it for Bitcoin on a 1:1 basis.

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