Is WBTC fully backed?
I'm wondering if WBTC is fully backed. I want to understand the collateralization behind WBTC and ensure that it's fully supported by actual Bitcoin.
Is WBTC real BTC?
I'm wondering if WBTC is actually real BTC. I've heard about wrapped tokens and how they represent the value of another asset on a different blockchain, but I'm not sure if this means WBTC is the same as real BTC.
Should I buy WBTC?
I'm considering purchasing WBTC, but I'm not sure if it's a good investment. I want to understand the potential risks and rewards associated with buying WBTC before making a decision.
Who can redeem WBTC?
I would like to know who is eligible to redeem Wrapped Bitcoin or WBTC. Can anyone redeem it or are there specific requirements or conditions that need to be met?
Can I convert WBTC to BTC?
I have some WBTC in my wallet and I'm wondering if it's possible to convert them to BTC. I've heard about conversion options but I'm not sure how it works or if it's even feasible.