Wrapped BTC (Wormhole)WBTC
Convert WBTC to your currency
Last Updated on Sep 28, 2025 05:48 AM
What is Wrapped BTC (Wormhole)?
About the coin
Wrapped BTC Wormhole is part of the Wormhole platform, which is designed to enhance interoperability across different blockchain networks. It is a token that operates on the Solana network, among others, and is part of a broader ecosystem that supports native token transfers.
Main features
The Wormhole platform has introduced a staking mechanism for W token holders, allowing them to participate in governance through the Tally Governance Portal. This enables holders to have a say in the future direction of the Wormhole DAO. The platform supports native W tokens across multiple chains, including Solana, Ethereum, Arbitrum, Optimism, and Base.
How it works
The Wormhole platform facilitates seamless transfers of native tokens across different blockchain networks without causing liquidity fragmentation. This is achieved by building on the innovations of wrapped assets, allowing for efficient and effective interoperability between chains. The platform's evolution in native token transfers marks a significant advancement in the field of blockchain interoperability.
Wallet for Wrapped BTC (Wormhole)
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Tangem supports networks for Wrapped BTC (Wormhole)
- Solana
- Sui
- Polygon Pos
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Wrapped BTC (Wormhole) 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.
- Wormhole is best known for its Token Bridge transfer method. It locks assets on the source chain andmints Wormhole-wrapped "IOU" tokens on the destination chain. To transfer the assets back, the Wormhole-wrapped tokens are burned, unlocking the tokens on their original chain.
- To interact with Ethereum's ERC-20 network, Bitcoin needs to be wrapped first. Wrapped Bitcoin can be sent on the Ethereum network just like all other ERC-20 tokens. Whenever you want to unwrap your Bitcoin,you can often do so with just a few taps. Note that gas and network fees may apply.
- Wrapped tokens aredigital assets that represent cryptocurrencies on non-native blockchains, enabling them to be used outside of their original networks. Wrapped tokens facilitate cross-chain compatibility and improve liquidity, expanding the flexibility of decentralized finance (DeFi) ecosystems.
- Wormhole isan online platform that lets users transfer various types of cryptocurrency across different blockchains, including Binance Smart Chain, Ethereum, Solana, Polygon, Avalanche, Oasis, and Terra. Bridge portals like Wormhole rely on “smart contracts” on the Ethereum blockchain.
- If you have a skill or service to offer, you can also earn Bitcoin throughfreelance work or selling goods. Platforms like Bitwage and Coinality connect freelancers with clients willing to pay in Bitcoin. This can be a rewarding way to accumulate Bitcoin while doing what you love.
- Wrapped BTC (Wormhole) isa token that allows for the bridging of assets between different blockchain platforms, enabling the transfer of assets without the need for permission.
- Wrapped Bitcoin (WBTC) isan Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that's designed to track Bitcoin's value.
- 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.
How to secure Wrapped BTC (Wormhole) 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.
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Why choose Wrapped BTC (Wormhole) 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.
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Other crypto assets supported in Tangem Wallet.
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