Start investing in WBTC (Wrapped Bitcoin) through Huobi, one of the most popular Cryptocurrency exchanges.
WBTC (Wrapped Bitcoin)
WBTC (Wrapped Bitcoin) is an ERC20 token pegged to Bitcoin. It was jointly launched by blockchain projects such as BitGo, Kyber Network and Ren.
The token is issued on Ethereum and is 1:1 pegged to Bitcoin.
How to buy WBTC (Wrapped Bitcoin) on Huobi?
Follow the easy 4 steps below to buy WBTC (Wrapped Bitcoin) on Huobi.
- Register a Huobi Global account
Provide an email address, create a username, and choose a secure password. - Verify your account
After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation. - Deposit in fiat currency or cryptocurrency
To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies. - Start buying Bitcoin on Huobi
Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and WBTC (Wrapped Bitcoin) derivatives trading.
What is WBTC (Wrapped Bitcoin)?
WBTC (Wrapped Bitcoin) is an ERC20 token linked to Bitcoin.
WBTC is jointly launched by blockchain projects such as BitGo, Kyber Network, and Ren (formerly known as Republic Protocol).
The token is issued on Ethereum to realize Pegged to Bitcoin 1:1, all issued WBTC will be backed by Bitcoin, each Bitcoin stored by the custodian can correspond to the total number of issued WBTC, and can be verified on the chain, only with the approval of the merchant, the custodian WBTC can only be minted, and when the holder exchanges WBTC for Bitcoin, WBTC will be destroyed.
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
Huobi official website is here.
Please click "Introduction of Huobi", if you want to know the details and the company information of Huobi.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...