iBTC NetworkIBTC
Convert IBTC to your currency
Last Updated on Oct 04, 2025 02:03 AM
What is iBTC Network?
About the coin
dlcBTC is a platform designed to enhance Bitcoin's usability in decentralized finance (DeFi) by allowing institutions to self-custody Bitcoin in a secure DLC lockbox. This ensures that funds can only be transferred back to the original depositor, thus preventing theft. The platform is positioned as a more efficient alternative to wrapped Bitcoin (wBTC) and aims to be a foundational element in DeFi.
Main features
Clients have praised dlcBTC for its composability and efficiency, highlighting its role in making Bitcoin more accessible for DeFi applications across Ethereum and other chains. The platform's design allows for secure and efficient transactions, making it a preferred choice for institutions looking to integrate Bitcoin into DeFi.
How it works
dlcBTC operates by allowing institutions to self-custody their Bitcoin in a DLC lockbox. This mechanism ensures that the Bitcoin can only be returned to the original depositor, providing a secure and theft-proof solution. The addressable Bitcoin market for dlcBTC is valued at approximately $1.392 billion, indicating significant market potential.
Wallet for iBTC Network
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Tangem supports networks for iBTC Network
- Ethereum
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iBTC Network FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure iBTC Network with Tangem Wallet?
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Why choose iBTC Network wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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