FAQ
WBTC vs BTC Differences?
BTC is the native asset of the Bitcoin network, while WBTC is a 1:1 multichain token used on smart contract chains like Ethereum, Solana, TRON and BNB.
Why use WBTC instead of BTC?
WBTC provides Bitcoin holders access to DeFi yields, lending, and liquidity pools while maintaining a price pegged to BTC.
How to convert BTC to WBTC
Users can convert BTC to WBTC through supported CEXs, DEXs, or on-chain protocols. During the process, BTC is sent to the other party and an equivalent amount of WBTC is received by the user. (e.g. Binance, Bybit, Bitget, Uniswap, PancakeSwap)
How to convert WBTC back to BTC?
Users can convert WBTC back to BTC through supported CEXs, DEXs, or on-chain protocols. During the process, WBTC is sent to the other party and an equivalent amount of BTC is received by the user. (e.g. Binance, Bybit, Bitget, Uniswap, PancakeSwap)
How is WBTC minted?
WBTC is minted when BTC is deposited through an authorized merchant and verified and released by an authorized custodian. Once the BTC deposit is confirmed, an equivalent amount of WBTC is issued to the user.
How is WBTC burned?
WBTC is burned when a user redeems WBTC through an authorized merchant. Once the WBTC is received and burned, the equivalent amount of BTC is released by the authorized custodian to the user.
How to use Bitcoin in DeFi?
Use WBTC as collateral for loans, provide liquidity on DEXs to earn fees, or participate in automated yield-farming strategies. (e.g. Aave, Spark, Morpho, Concrete, Uniswap, PancakeSwap)
Where can I get WBTC?
WBTC can be acquired through supported CEXS, DEXs, and integrated on-chain protocols across multiple networks. (e.g. Binance, Bybit, Bitget, Uniswap, PancakeSwap)
What networks support WBTC?
WBTC is a multi-chain asset available on 25+ blockchains, including Ethereum, Solana, BNB, TRON and many more.
Why is WBTC widely used in DeFi?
WBTC has broad protocol integrations, deepest liquidity, transparent and verifiable proof of reserves, and a long operational track record, making it one of the most recognized forms of tokenized Bitcoin.
Is WBTC safe to use?
WBTC is the most liquid and integrated tokenized BTC asset, secured by institutional custodians and transparent, verifiable and, public on-chain audits.