- #540
cWBTC CWBTC
Several reports and community alerts have been obtained, which signal that this project is a scam. There are many factors, including, but not limited to, fake giveaways and investments, tokens can now longer be traded, dissolved socials, dysfunctional applications and website. Please beware and apply your own due diligence.
CWBTC Price
Market Cap
$365.03 MRank #540FDV
$365.03 MRank #2950Investors
X Followers
Detailed Performance
CWBTC shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
CWBTC to USD Converter
Price History
- All-Time High
- $35,451.6219.40x to ATH
- All-Time Low
- $0.19679292x to ATL
- Trade Launch Date
- 16 Mar, 2020
1708 days ago
About CWBTC
cWBTC refers to "Compound Wrapped Bitcoin." It is a token that represents a user's participation in the lending and borrowing protocol called Compound. cWBTC is obtained by depositing WBTC (Wrapped Bitcoin) into the Compound protocol, where it can be used as collateral or lent to other users. In exchange for supplying cWBTC, users can earn interest or receive other incentives.
What makes cWBTC unique?
cWBTC is unique compared to other cryptocurrencies because it is an ERC-20 token that represents a claim on Wrapped Bitcoin (WBTC) held in the Compound protocol. It is not a standalone cryptocurrency but rather a representation of a specific asset, in this case, WBTC. cWBTC allows users to earn interest on their WBTC holdings by supplying them to the Compound protocol. The interest earned is paid out in the form of additional cWBTC tokens. This mechanism allows users to passively grow their WBTC holdings without having to actively trade or invest in other assets. Additionally, cWBTC can be easily redeemed for the underlying WBTC at any time, providing liquidity and flexibility to users.
Live cWBTC Price Data
The current price of cWBTC (CWBTC) is approximately $1,827.80, reflecting a increase of 0.45% in the last 24 hours. The CWBTC trading volume in the last 24 hours stands at $0.00. cWBTC's market cap is currently $365.03 million, accounting for about 0.01% of the total crypto market cap. The circulating supply of CWBTC is 199,710.54.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand cWBTC's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CWBTC, check out our crypto insights page.
Official Links
CWBTC to USD Converter
Price History
- All-Time High
- $35,451.6219.40x to ATH
- All-Time Low
- $0.19679292x to ATL
- Trade Launch Date
- 16 Mar, 2020
1708 days ago