Coinbase Wrapped BTC ERC-20 cbBTC
Get the best Coinbase Wrapped BTC exchange rate on Droidex and perform an instant swap. Compare the cbBTC exchange rates on different blockchains.
cbBTC price chart and market cap
What is Coinbase Wrapped BTC (cbBTC)
Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts
cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain
How can I exchange Coinbase Wrapped BTC
It might be a good idea to exchange Coinbase Wrapped BTC, especially when you can exchange the cryptocurrency using Droidex.
Our service checks the rates cbBTC on all supported DEX and implements further optimizations to get the best rate possible.
Go to droidex.io
Choose Coinbase Wrapped BTC(cbBTC) in the first section.
Select the second token you want to receive.
Enter the amount of your Coinbase Wrapped BTC(cbBTC) in the first section you wish to exchange.
Connect your wallet — Metamask or WalletConnect.
Exchange crypto with the best rate.
Get your tokens in a few seconds, using Droidex.