Wrapped Bitcoin
ERC-20 token backed 1:1 by Bitcoin, bringing BTC liquidity to Ethereum DeFi
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Wrapped Bitcoin Price Chart
About Wrapped Bitcoin
Wrapped Bitcoin (WBTC) is an ERC-20 token on Ethereum backed 1:1 by Bitcoin. Each WBTC is minted when a user deposits BTC with a custodian (BitGo) and can be redeemed for BTC at any time. Created by a consortium including BitGo, Ren, and Kyber Network, WBTC brings Bitcoin's liquidity to Ethereum's DeFi ecosystem. Users can earn yield on their BTC through Ethereum protocols like Aave, Compound, and Curve, while the Bitcoin backing ensures price parity. WBTC is one of the most widely used assets in DeFi with billions in TVL.
History
How to Swap WBTC
Exchanging Wrapped Bitcoin (WBTC) on SyntheticSwap is straightforward and requires no registration or identity verification. WBTC is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select WBTC in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.
How to Store WBTC
WBTC (ERC-20) is stored in any Ethereum wallet including MetaMask, Ledger, or Trezor. Since WBTC represents BTC on Ethereum, it requires an Ethereum wallet (not a Bitcoin wallet) for storage.
