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Leverage AI to streamline digital marketing campaigns and maximize sales ✌️【Flexible Hours】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.Wrapped Bitcoin (WBTC) is an ERC-20 token representing Bitcoin on Ethereum.
It enhances liquidity and enables Bitcoin's use in DeFi.
Managed by the WBTC DAO, it integrates with wallets, dapps, and smart contracts.
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Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.Because of the 1:1 mapping with bitcoin, the WBTC price tends to track that of the larger cryptocurrency.
It touched an all-time low of $3,139.17 on April 2, 2019, before climbing to a record-high price of $66,109.97 on Oct.
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