What is WBTC

1. Programme Name 

Wrapped Bitcoin (WBTC)

2. Project Introduction

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.

WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications and standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.

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HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.