Wrapped Bitcoin (WBTC) Crypto Exchange

Instantly exchange Wrapped Bitcoin at the best WBTC exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.

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What is WBTC

Wrapped Bitcoin (WBTC) is an ERC-20 token that was announced in 2018 by BitGo, Kyber, and Ren to allegedly provide more liquidity to the Ethereum ecosystem. Cryptocurrencies are often wrapped on the blockchain they are not native to in order to expand their features or to increase the utility and liquidity of the said blockchain.

WBTC is pegged to Bitcoin in a 1:1 proportion and claims to be transparent, 100% verifiable, and led by the community. More than 46 partners power it. The existence of Wrapped Bitcoin allows Bitcoin holders to exchange their assets to WBTC and then access Defi instruments such as lending, yield farming, staking, and many more. The wall between Bitcoin and Ethereum was a long-standing problem for the free flow of liquidity between the blockchains. WBTC tokens have to be requested to obtain them which is followed by the KYC and AML procedures. The request is necessary as the tokens are minted by a custodian and only then sent to a merchant such as Airswap, Kyber, etc.

WBTC was the first wrapped token of the market which is highlighted in the project’s whitepaper. The asset's whitepaper also states that the framework of the project allows multiple institutions to perform different roles which tackle the issues asset-backed tokens might face.

How to Buy Wrapped Bitcoin?

Users can buy WBTC on ChangeNOW for one of 450+ cryptocurrencies or for 50+ fiat currencies:

Pick WBTC as the “You get” currency aboveChoose crypto or fiat to buy WBTC withEnter your Wrapped Bitcoin wallet addressSend your deposit to a one-time addressReceive your exchanged coins in ~5 mins!

How to Sell Wrapped Bitcoin?

Swap Wrapped Bitcoin coins for an asset from our rich crypto selection by following the steps below:

Pick WBTC as “You Send” currency above.Choose the asset you’d like to get for your WBTCEnter the wallet address of the coin you’d like to getSend your deposit to a one-time addressReceive your exchanged coins in ~5 mins!

Wrapped Bitcoin - USD Exchange

With the mainstream adoption of cryptocurrencies, an increasing number of users are looking to buy WBTC and other cryptos. With this purview, WBTC to USD is one of the options that people are interested to seek. ChangeNOW facilitates its users with Wrapped Bitcoin/USD exchange in a seamless manner.

Wrapped Bitcoin Exchange Advantages on ChangeNOW

  • ChangeNOW offers a non-custodial service for exchanging your crypto assets. In other words, it does not store your Wrapped Bitcoin on a hot wallet. It facilitates advanced security protocols to safeguard your cryptocurrency funds.
  • You can instantly buy or sell Wrapped Bitcoin in a few minutes; all it takes is 5 simple steps.
  • ChangeNOW offers a wide variety of currency pairs on its portal.
  • You are not required to undergo the process of registration or KYC for transacting Wrapped Bitcoin.
  • You can start buying Wrapped Bitcoin with as little as $2, and there are no limits for exchanging any crypto asset.

Wrapped Bitcoin exchange Q&A