interBTCIBTC
Convert IBTC to your currency
Last Updated on Oct 02, 2025 06:23 AM
What is interBTC?
About the coin
interBTC is a decentralized, Bitcoin-backed asset designed to be used across various DeFi ecosystems, including Polkadot, Ethereum, and Cosmos. It maintains a 1:1 backing with Bitcoin, allowing users to invest, earn, and pay with BTC in a decentralized manner.
Main features
interBTC is unique due to its commitment to being trustless and decentralized. It is secured by insurance, where Vaults lock collateral on the interBTC parachain using a multi-collateral system inspired by MakerDAO. If Vaults misbehave, their collateral is slashed, and users are reimbursed. This ensures that users only need to trust the security of Bitcoin and the DeFi platform they are using.
How it works
The system is radically open, allowing anyone to become a Vault and help secure interBTC at any time. This openness ensures a decentralized network of Vaults, enhancing the security and reliability of interBTC. Users can run their own Vaults, contributing to the system's decentralization and trustlessness.
Wallet for interBTC
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for interBTC
- Moonbeam
Metrics
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interBTC 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 interBTC 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.
Get Tangem
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 interBTC 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.
Other crypto assets supported in Tangem Wallet.
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