About Wrapped Bitcoin
Wrapped Bitcoin (WBTC) is an ERC-20 token on Ethereum backed by custodied Bitcoin. Holders use WBTC in Ethereum wallets and DeFi apps for trading, lending, liquidity, and collateral.
Lend, trade, and use WBTC in Ethereum apps that accept the token.
Use WBTC in wallets and protocols built for Ethereum tokens.
Each WBTC is backed by custodied Bitcoin held in reserve.
Trade, lend, or post WBTC as collateral in Ethereum apps without redeeming native BTC.
Popular ways to swap WBTC on Ethereum
Receive WBTC on Ethereum or swap it to Bitcoin, stablecoins, ETH, and other supported assets across networks.
Receive WBTC
Swap from WBTC
What can you do with WBTC on Ethereum?
WBTC lets you use Bitcoin-backed value in your Ethereum wallet and DeFi apps.
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Hold WBTC on Ethereum
Hold WBTC in your Ethereum wallet for use across Ethereum apps.
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Use in DeFi
Lend, borrow, or earn yield with WBTC across Ethereum apps that accept it.
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Trade major assets
Swap WBTC for ETH, stablecoins, and other tokens on Ethereum exchanges.
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Borrow against BTC
Use WBTC as collateral to borrow stablecoins without selling your WBTC.
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Move from native BTC
Convert native Bitcoin into WBTC when you want to use it inside Ethereum apps.
Ready for WBTC on Ethereum?
Swap from native BTC, ETH, USDC, and more. See the WBTC amount you receive and the estimated settlement time before you deposit.
FAQs about WBTC on Ethereum
What is WBTC?
WBTC is a token backed by Bitcoin held in reserve. On Ethereum, WBTC is issued as an ERC-20 token that can be used in Ethereum wallets and applications.
How is WBTC related to native Bitcoin?
Native BTC lives on the Bitcoin network. WBTC is a tokenized representation of that value on Ethereum. Approved merchants mint WBTC when Bitcoin is deposited with custodians and burn it when BTC is redeemed.
Is WBTC the same as holding BTC in a Bitcoin wallet?
No. Native BTC settles on the Bitcoin network in Bitcoin wallets. WBTC is an Ethereum token backed by reserve BTC and is used in Ethereum wallets and apps.
Who backs WBTC reserves?
WBTC supply is tied to Bitcoin held by approved custodians. Minting and burning events are recorded onchain, providing transparency around how token supply maps to BTC reserves.
Can I swap BTC directly to WBTC on Ethereum?
Yes. Supported routes can deliver WBTC on Ethereum from native Bitcoin without a separate bridge interface.
Which wallets support WBTC?
Any Ethereum wallet that supports ERC-20 tokens can hold WBTC, including MetaMask, Rabby, Coinbase Wallet, Ledger, and other EVM-compatible options.
Can I use WBTC in DeFi protocols?
Yes. WBTC is listed as collateral and liquidity in many Ethereum lending markets, DEXs, and other DeFi apps that support ERC-20 tokens.
How do I redeem WBTC for native Bitcoin?
Approved merchants burn WBTC and release custodied BTC. Most holders trade or deploy WBTC in DeFi rather than redeeming directly.