What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin is a token on Ethereum that is backed one-to-one by Bitcoin. After the introduction of DeFi on the Ethereum blockchain, Wrapped Bitcoin (WBTC) was created to let crypto users provide liquidity for Bitcoin on Ethereum and use Bitcoin in different decentralized applications. The total market value of WBTC is $11 billion in 2022.
How Wrapped Bitcoin (WBTC) Works
When a merchant wants to have new WBTC tokens in exchange for BTC, he calls on the Wrapped Bitcoin smart contract and sends his BTC to a custodian. The custodian then triggers the smart contract to mint new WBTC and send it to the merchant. When the merchant wants his BTC back, he submits his WBTC to the custodian and gets his BTC. That WBTC is then burned.
How Many Wrapped Bitcoin (WBTC) Tokens Are in Circulation?
WBTC only has a circulating supply, which is 176,348 at the moment.
How to Buy Wrapped Bitcoin (WBTC)
Consider investing in Wrapped Bitcoin (WBTC)? It only takes 2 minutes to create an account on Bitget and start trading WBTC.
Check out the available WBTC trading pairs on Bitget!
Spot market
Wrapped Bitcoin (WBTC) Resources
Simple 3-step guide to buying WBTC today in Lesotho
Create your free Bitget account
Select a funding method
Complete your Wrapped Bitcoin purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Wrapped Bitcoin using a payment method of your choice:
Buy Wrapped Bitcoin with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.
How to buy crypto with credit/debit cardBuy Wrapped Bitcoin with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Wrapped Bitcoin is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Wrapped Bitcoin order.Buy Wrapped Bitcoin with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Wrapped Bitcoin order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Wrapped Bitcoin in your Bitget spot wallet
Bitget—where the world trades Wrapped Bitcoin
How to buy Wrapped Bitcoin for free
- Learn how to earn Wrapped Bitcoin for free through the Learn2Earn promotion
- Earn free Wrapped Bitcoin by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Wrapped Bitcoin airdrops by joining On-going challenges and promotions
Buy Wrapped Bitcoin
Buy other cryptos
Buy Wrapped Bitcoin in a different country
FAQ
Can I buy $1 worth of Wrapped Bitcoin?
Can I buy $10 of Wrapped Bitcoin?
Where else can I buy Wrapped Bitcoin?
Where is the best place to buy Wrapped Bitcoin?
Should I buy Wrapped Bitcoin right now?
Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Wrapped Bitcoin(WBTC) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.