eBTCEBTC
Convert EBTC to your currency
Last Updated on Oct 03, 2025 05:02 PM
What is eBTC?
About the coin
eBTC is a collateralized crypto asset that is soft pegged to the price of Bitcoin. It is built on the Ethereum network and is backed exclusively by Lido's stETH. The asset is designed to be the most decentralized synthetic Bitcoin in the decentralized finance (DeFi) space. eBTC offers the ability for anyone in the world to borrow Bitcoin at no cost, providing a unique opportunity for users to engage with Bitcoin in a decentralized manner.
Main features
eBTC is powered by immutable smart contracts, which minimize counterparty reliance. This ensures that the asset remains decentralized and secure, aligning with the principles of DeFi. The use of Lido's stETH as collateral provides a robust backing for the asset, ensuring its stability and reliability. Additionally, eBTC is built by BadgerDAO, a well-known entity in the DeFi space, which adds to its credibility and trustworthiness.
How it works
eBTC operates on the Ethereum network, leveraging the security and scalability of the blockchain. The asset is soft pegged to Bitcoin, meaning its value is intended to closely follow that of Bitcoin, though it may not always match it exactly. The use of smart contracts ensures that the asset operates in a decentralized manner, with minimized reliance on third parties. This allows users to engage with eBTC confidently, knowing that their transactions are secure and transparent.
Wallet for eBTC
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Tangem supports networks for eBTC
- Ethereum
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eBTC 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.
- The SNAP isa cryptocurrency that is inspired by NFTs (non-fungible tokens) and comics. The goal of the SNAP token is to grow the DeFi (decentralized finance) community.
- Despite bitcoin's recent success,financial planners say they're cautious about recommending bitcoin to clients. Some experts suggest allocating only a small portion of your portfolio towards it, usually between 1% to 2%.
How to secure eBTC with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose eBTC 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.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
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