Wrapped Bitcoin price chart

The below Wrapped Bitcoin price chart tracks the price of Wrapped Bitcoin against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

$98,739.72

- %

Low: $

High: $

$98,739.72

Low: $

High: $

- %

$15.1B

$358.1M

155.2K WBTC

What is Wrapped Bitcoin?

✓Bitcoin-backed ✓Proof of reserve system ✓ERC-20 token

Wrapped Bitcoin (WBTC), launched in January 2019, is an ERC-20 token representing Bitcoin on the Ethereum blockchain. It combines Bitcoin's investment utility with Ethereum's programmability, allowing Bitcoin holders to participate in Ethereum's DeFi ecosystem. WBTC standardises Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This integration expands the capabilities of both blockchains, facilitating new applications and use cases.

How do I buy Wrapped Bitcoin?

Deposit funds into your Cointree account using our fast and convenient options.
Enter the amount of Wrapped Bitcoin that you would like to buy.
Confirm your purchase and Wrapped Bitcoin will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

Compare other asset prices with Wrapped Bitcoin

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Common Wrapped Bitcoin questions

Everything you need to know about WBTC and how to buy it in Australia.

Where is the best place to buy Wrapped Bitcoin (WBTC)?

[Cointree](https://www.cointree.com/) is the best place to buy WBTC in Australia. Tens of thousands of Aussies choose to invest on our crypto exchange because it's safe and secure, offers low fees, and is incredibly user-friendly. We make it easy for everyone to trade crypto, from beginners to expert crypto traders. Whatever your financial situation, we make it easy to [trade cryptocurrency](https://www.cointree.com/trade/cryptocurrencies/) on our exchange.

Can I sell Wrapped Bitcoin as well?

Yes, you can sell Wrapped Bitcoin on Cointree. In only a few clicks, you can sell WBTC and withdraw AUD or trade it for another cryptocurrency. Simply choose between cash and crypto and make the sale.

Is Wrapped Bitcoin safe?

Yes, Wrapped Bitcoin is safe. The cryptocurrency is both a secure long-term investment and a token to use with a smart contract on the Ethereum network, making it safe for both investors and traders. WBTC is kept secure by the WBTC DAO. The decentralized autonomous organisation are custodians for the bitcoin held and always use multi-signature contracts when moving any assets held by the network.

What's the difference between bitcoin and Wrapped Bitcoin?

The difference between the two coins is that bitcoin is the original coin and is useable on the bitcoin blockchain, while Wrapped Bitcoin is a tokenized version of bitcoin built on the Ethereum blockchain. This means that, unlike bitcoin, WBTC can be used in smart contracts within the Ethereum ecosystem. It's important to note that WBTC gets its underlying value from bitcoin itself as bitcoin is the collateral held by the WBTC DAO. So always pay attention to both the market cap of bitcoin and the market cap of WBTC when making your investment.

Can I use Wrapped Bitcoin in the Ethereum ecosystem?

Absolutely. Wrapped Bitcoin was specifically designed to be used as collateral and a stable asset with the Ethereum ecosystem. A number of protocols built on Ethereum have already integrated it into their network, including Ren, Aave, Maker, Compound, and Loopring.

How do I buy Wrapped Bitcoin?

You can buy WBTC on a crypto exchange like Cointree. Simply create an account, verify your identification, deposit AUD and you're ready to start trading cryptocurrency.

Where can I store Wrapped Bitcoin?

The easiest place to store your WBTC is in the free multi-coin wallet that you receive when you create an account with Cointree. Once you verify your account, you'll automatically receive your free wallet. You can also store your WBTC in a hardware wallet like Ledger. You can learn more in our beginner's guide to [bitcoin wallets](https://www.cointree.com/learn/best-bitcoin-wallet-australia/).