Wrapped Bitcoin (WBTC) One Day Trading Volume Reaches $128.68 Million

Wrapped Bitcoin (WBTC) traded up 0.4% against the U.S. dollar during the 24 hour period ending at 13:00 PM ET on September 19th. Wrapped Bitcoin has a market cap of $4.46 billion and $128.68 million worth of Wrapped Bitcoin was traded on exchanges in the last 24 hours. Over the last week, Wrapped Bitcoin has traded 4.2% higher against the U.S. dollar. One Wrapped Bitcoin token can now be purchased for $27,351.76 or 0.99920884 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 4.3% against the dollar and now trades at $0.28 or 0.00001024 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded up 0.1% against the dollar and now trades at $0.0010 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 0.2% lower against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0086 or 0.00000031 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.4% against the dollar and now trades at $0.0076 or 0.00000028 BTC.

Wrapped Bitcoin Profile

Wrapped Bitcoin was first traded on November 27th, 2018. Wrapped Bitcoin’s total supply is 162,975 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 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. WBTC is utilized for lending, borrowing, swapping, yield farming, and liquidity pools in Aave, Balancer, Compound, Kyber Network, MakerDAO, and Uniswap. WBTC was collaboratively launched in January 2019 by BitGo, Ren, Dharma, Kyber, Compound, MakerDAO, and Set Protocol. Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.”

Buying and Selling Wrapped Bitcoin

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

WBTC/USD price chart by TradingView