Wrapped Bitcoin
About Wrapped Bitcoin
Wrapped Bitcoin (WBTC) offers a version of Bitcoin, transferred onto the Ethereum blockchain. WBTC complies with the standard of Ethereum's blockchain, ERC-20, which allows it to seamlessly integrate into Ethereum's decentralized applications. Supported by Bitcoin on a 1:1 ratio through a network of merchants and custodians that are automatically monitored, WBTC ensures price is always linked to Bitcoin and provides users the chance to fluidly transfer liquidity between the BTC and ETH networks. The Wrapped Bitcoin was first announced in October 2018 and officially launched in January 2019.
In the last hour, Wrapped Bitcoin's price has seen a change of +0.02%, and over the past 24 hours, its price has moved by +0.45%. Over the previous week, Wrapped Bitcoin's price has moved by +13.34%. The current price of Wrapped Bitcoin is $86,341.05, accompanied by a trading volume of 275.3M in the last day. Wrapped Bitcoin's price is currently 31.35% below its all-time high of $125,777.45, which remains the highest price Wrapped Bitcoin has achieved since its launch. The circulating supply of Wrapped Bitcoin stands at 116.5k, translating to a total market capitalization of 10.06B.
Market stats
Frequently asked questions
How to invest in Wrapped Bitcoin?
Rain offers you a number of ways to start investing in Wrapped Bitcoin, including buying Wrapped Bitcoin through bank transfers or by using your bank card. To purchase Wrapped Bitcoin on Rain, you can select Wrapped Bitcoin in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Wrapped Bitcoin with card?
Once you add your bank card to your Rain account, you can use it to buy Wrapped Bitcoin directly. You can start by adding your card to your payment options on your Rain account. To purchase Wrapped Bitcoin using your bank card, you can select Wrapped Bitcoin, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Wrapped Bitcoin through bank deposit?
Rain enables you to buy Wrapped Bitcoin using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Wrapped Bitcoin. To do that, you can select Wrapped Bitcoin in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Wrapped Bitcoin?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Wrapped Bitcoin successfully:
On your Rain account, select Wrapped Bitcoin then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Wrapped Bitcoin into cash?
Rain gives you the opportunity to sell Wrapped Bitcoin and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Wrapped Bitcoin and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Wrapped Bitcoin?
If you would like to receive Wrapped Bitcoin in your Rain account, simply click on Receive and select Wrapped Bitcoin from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Wrapped Bitcoin to avoid possible loss of funds.
How to send Wrapped Bitcoin?
You can easily send your Wrapped Bitcoin from your Rain account to any external wallet by clicking on Send and selecting Wrapped Bitcoin from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Wrapped Bitcoin with Rain?
When you buy Wrapped Bitcoin with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Wrapped Bitcoin on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Wrapped Bitcoin wallet?
A Wrapped Bitcoin wallet is where you can securely store Wrapped Bitcoin. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Wrapped Bitcoin address?
A Wrapped Bitcoin address is a string of unique characters that is tied to your Wrapped Bitcoin wallet. The address functions just like a bank account number and it is what you use in order to send Wrapped Bitcoin from your wallet, or to receive Wrapped Bitcoin to your wallet.
What trading pairs available for Wrapped Bitcoin?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Wrapped Bitcoin with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Wrapped Bitcoin with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Wrapped Bitcoin?
You can trade Wrapped Bitcoin with any amount above $30 or equivalent in your account's currency. You can start trading Wrapped Bitcoin now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Wrapped Bitcoin?
Besides Wrapped Bitcoin, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Wrapped Bitcoin built on?
Wrapped Bitcoin is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Wrapped Bitcoin safe?
To keep your Wrapped Bitcoin safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Wrapped Bitcoin be in next 5 years?
Price predictions for Wrapped Bitcoin over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Wrapped Bitcoin taxable?
Trading Wrapped Bitcoin may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Wrapped Bitcoin's ATH?
Wrapped Bitcoin’s all-time high (ATH) was $ 125,777.45 on 06 Oct 2025. This represents the highest recorded market price of the asset to date.
What is the market cap of Wrapped Bitcoin?
With a market capitalization of 10.06B, Wrapped Bitcoin is ranked 13 among other crypto assets.
What is the all-time high of Wrapped Bitcoin?
The highest valuation of Wrapped Bitcoin since its launch was at $125,777.45, marking its all-time high.
What is the 24-hour trading volume of Wrapped Bitcoin?
The trading activity of Wrapped Bitcoin over the last 24 hours was at 275.3M, highlighting its liquidity in the market.
How many Wrapped Bitcoin are there in circulation?
There are approximately 116.5k units of Wrapped Bitcoin currently in circulation, affecting its market dynamics.
What is the relative popularity of Wrapped Bitcoin?
Wrapped Bitcoin market cap is around 10.06B.
When was Wrapped Bitcoin created?
Wrapped Bitcoin was introduced on 30 Jan 2019.
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