Wrapped Bitcoin (PulseChain)WBTC
Convert WBTC to your currency
Last Updated on Sep 28, 2025 05:43 AM
What is Wrapped Bitcoin (PulseChain)?
About the coin
WBTC on PulseChain, often referred to as 'pWBTC' by the PulseChain community, is a forked version of Wrapped Bitcoin (WBTC) originally on the Ethereum network. This token was provided as an exclusive airdrop to holders of Ethereum's WBTC at the time of PulseChain's launch. The supply of pWBTC is fixed at 154,410 tokens, a number determined by a blockchain snapshot taken on May 10, 2023.
Main features
The main feature of WBTC on PulseChain is its identical smart contract address and code to the original WBTC on Ethereum, known as 'eWBTC.' This ensures compatibility and familiarity for users who have interacted with WBTC on Ethereum. The fixed supply of pWBTC adds a layer of scarcity, potentially increasing its value proposition within the PulseChain ecosystem.
How it works
WBTC on PulseChain operates within the PulseChain network, leveraging the same smart contract infrastructure as its Ethereum counterpart. This allows for seamless integration into decentralized finance (DeFi) applications on PulseChain. The airdrop mechanism ensured that existing Ethereum WBTC holders received an equivalent amount of pWBTC, thus maintaining their exposure to Wrapped Bitcoin within the new network.
Wallet for Wrapped Bitcoin (PulseChain)
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Wrapped Bitcoin (PulseChain) 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.
- Pulsechain's native token,PLS, can be used to activate validators who help maintain the network.
- It is not Bitcoin, but rather a separate ERC-20 token that's designed to track Bitcoin's value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa.
- Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa.
- Wrapped bitcoin (wBTC) isbitcoin that has been converted for use on the Ethereum ecosystem. Launched in January 2019, wBTC is an Ethereum token that's backed one-to-one by bitcoin (BTC), which means that one wBTC is always equal to one bitcoin.
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