Wrapped Bitcoin Trading 0.9% Lower Over Last 7 Days (WBTC)

Wrapped Bitcoin (WBTC) traded 0.3% higher against the U.S. dollar during the 1-day period ending at 17:00 PM E.T. on November 24th. Wrapped Bitcoin has a total market capitalization of $3.78 billion and $160.44 million worth of Wrapped Bitcoin was traded on exchanges in the last 24 hours. During the last seven days, Wrapped Bitcoin has traded 0.9% lower against the U.S. dollar. One Wrapped Bitcoin token can currently be bought for about $16,478.86 or 0.99405713 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 4.9% higher against the dollar and now trades at $0.44 or 0.00002637 BTC.
  • Aidi Finance (BSC) (AIDI) traded 6.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% higher against the dollar and now trades at $0.0454 or 0.00000274 BTC.
  • CareCoin (CARES) traded 2.2% higher against the dollar and now trades at $0.0564 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 4.7% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 1.3% higher against the dollar and now trades at $1,419.06 or 0.08568953 BTC.
  • Kitty Inu (KITTY) traded 2.2% higher against the dollar and now trades at $79.88 or 0.00482380 BTC.
  • Lunar (LNR) traded 4.2% higher against the dollar and now trades at $0.0609 or 0.00000368 BTC.
  • Hokkaidu Inu (HOKK) traded down 13.7% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 2.2% against the dollar and now trades at $4,901.25 or 0.29596000 BTC.

Wrapped Bitcoin Profile

Wrapped Bitcoin’s launch date was November 27th, 2018. Wrapped Bitcoin’s total supply is 229,411 tokens. The official website for Wrapped Bitcoin is wbtc.network. Wrapped Bitcoin’s official Twitter account is @wrappedbtc and its Facebook page is accessible here.

According to CryptoCompare, “Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers. To receive WBTC, a user requests tokens from a merchant. The merchant then performs the required KYC / AML procedures and verifies the user’s identity. Once this is completed, the user and merchant execute their swap, with Bitcoin from the user transferring to the merchant, and WBTC from the merchant transferring to the user.GitHubWhitepaper”

Buying and Selling Wrapped Bitcoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Wrapped Bitcoin directly using U.S. dollars. Investors seeking to acquire Wrapped Bitcoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Wrapped Bitcoin using one of the aforementioned exchanges.

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