Buy Wrapped BTC (WBTC) With a Credit Card
Notum wallet empowers you to buy Wrapped BTC (WBTC) with a credit or debit card securely and within a minute! Start your best Wrapped BTC investment right here, right now.
How to Buy Wrapped BTC With a Card?
Navigate to Notum platform
Navigate to the Notum desktop platform and click on the ‘Buy’ option, which will open a purchase window.
Choose your crypto
Choose from a wide choice of cryptocurrencies that you’d like to buy.
Enter the amount
Type in the amount of cryptocurrency or fiat currency that you’d like to buy.
Send to any wallet
Enter the address where you’d like to receive your crypto. Still don’t have a wallet? Notum is the one you’re looking for.
Verify your email
Pass a quick KYC process and verify your identity by providing some basic information.
About Wrapped Bitcoin (WBTC)
Wrapped Bitcoin (WBTC) is a form of digital asset that bridges the gap between the Bitcoin blockchain and the Ethereum ecosystem. It is an ERC-20 token on Ethereum that represents a 1:1 peg with Bitcoin, meaning that for every WBTC token in existence, there is an equivalent amount of Bitcoin stored in a custodial reserve. This integration allows users on the Ethereum network to access the functionality of Bitcoin while taking advantage of Ethereum's smart contracts and dApps.
The process of wrapping Bitcoin involves users depositing their Bitcoin with a custodian, who then mints an equivalent amount of WBTC on the Ethereum blockchain. This WBTC can be used within the Ethereum ecosystem for various purposes, such as DeFi applications, yield farming, and trading on DEXs. While WBTC offers greater liquidity and interoperability between the two major blockchain platforms, it's worth noting that it also introduces some degree of centralization through the involvement of custodians who manage the reserves. WBTC has a total supply of 162,205 WBTC. The market capitalization of WBTC is currently around $4,83 billion.
WBTC Use Cases
- DeFi Applications. WBTC can be used as collateral for lending and borrowing, allowing Ethereum users to utilize their Bitcoin holdings to access loans or earn interest. Additionally, WBTC can be integrated into various DeFi protocols, enabling yield farming, liquidity provision, and other automated financial activities.
- Decentralized Exchanges. WBTC can be traded on DEXs built on the Ethereum blockchain. This enables users to exchange their Bitcoin for WBTC and vice versa directly within the Ethereum ecosystem without relying on traditional centralized exchanges.
- Cross-Chain Transactions. WBTC facilitates cross-chain transactions between Bitcoin and Ethereum. Instead of converting Bitcoin to Ethereum and back, users can directly use WBTC to interact with Ethereum-based smart contracts and applications.
- Liquidity Pools and Yield Farming. WBTC can be added to liquidity pools on decentralized exchanges, allowing users to earn fees and rewards for providing liquidity to these pools. Thus, yield farming enables users to generate additional income through their WBTC holdings.
- Collateralization for Stablecoins. Some stablecoins on the Ethereum blockchain, require overcollateralization to maintain their stability. WBTC can serve as collateral to generate stablecoins, providing another opportunity for users to use their Bitcoin assets.
- Tokenized Assets. WBTC can also be utilized as a building block for creating more complex financial instruments and tokenized assets within the Ethereum ecosystem. This could include derivatives, synthetic assets, and other innovative financial products.
- Diversification and Portfolio Management. Investors can use WBTC to diversify their cryptocurrency holdings without leaving the Ethereum network. This allows for more flexibility in managing their investment portfolios.
What Can I Do with WBTC on Notum Platform?
With Notum, investing becomes even easier and more affordable. You can choose among a huge number of cryptocurrencies, manage your assets without delays, and get the best rates. The platform offers you to buy, stake and swap WBTC and thus get a fast stable income in 2023.
- Buy WBTC
- Swap WBTC
- Stake WBTC
Where to Buy and Store Wrapped BTC?
Why buy crypto via Notum
Buy Wrapped Btc (WBTC) With a Credit Card
Easily get Wrapped Btc (WBTC) with Visa or MasterCard in Notum. We offer one of the best rates for any WBTC operation.
Boost your passive income by staking assets in your Notum Wallet. Get a maximum interest on the top of your holdings and make your BTC, ETH, and other crypto work.
Explore Wrapped BTC (WBTC) in Notum
Click to find out more about Wrapped BTC WBTC. This information will help you make better investment decisions and thus boost your income.
What Is Wrapped Bitcoin (WBTC), and How Does it Work?
Wrapped Bitcoin (WBTC) is a crypto token that represents Bitcoin (BTC) on the Ethereum blockchain. It's created by locking up Bitcoin in a custodian's reserve, and in return, an equivalent amount of WBTC is minted on Ethereum. This enables BTC holders to access Ethereum's DeFi ecosystem, decentralized exchanges, and smart contracts, while maintaining a 1:1 peg with Bitcoin's value.
How Many WBTC Coins Are There?
At the moment, the circulation supply of WBTC is 162,205 WBTC, while the total supply is also 162,205 WBTC. The coin is the 16th most popular in the world and its market capitalization is $4,83 billion as of August 9, 2023.
Who Is the Wrapped Bitcoin (WBTC) Founder?
WBTC is the result of collaboration among various decentralized projects and participants in the crypto space. The initiative involves partnerships between BitGo, Kyber Network, Ren Protocol, and other stakeholders to bring Bitcoin's value to the Ethereum ecosystem through the creation of WBTC tokens.
How and Where Can I Stake WBTC?
With Notum, the process of staking WBTC will be as simple as possible, as the platform offers clear instructions. All you need to do is enter the amount of WBTC you want to stake, choose a validator, confirm the transaction and earn passive income of around 4% APY. You can learn more about the staking process on Notum here.
What Is the All-Time High Price for WBTC?
The highest price of the WBTC token was recorded on November 16, 2021, and amounted to $67,011. For comparison, the price of the token in August 2023 is $29,789.
Where Can I Buy WBTC?
You can buy WBTC on Notum with Visa or Mastercard at the best rates. The platform is completely secure and offers a user-friendly mobile app (for iOS and Android) so you can access your cryptocurrency at any time. Apart from this, you can also buy the token on leading platforms like Binance, Uniswap, OKX, Huobi Global and so on.