Table of Contents:
- Coin prognosis
- What is Wrapped Bitcoin coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy WBTC
Possible bearish downtrend on Wrapped Bitcoin Downside
Wrapped Bitcoin's price has performed poorly over the past weeks. Buying WBTC at this time may lead to loss of capital.
| WBTC Price | $23056.2560 USD |
| Price Change 24hours | $317.7710 USD (1.40%) |
| 24h Low / 24h High | $22705.0903 / $23486.1760 USD |
| Trading Volume 24hours | $266 USD |
| Market Cap | $4,070,529,280 USD |
What is Wrapped Bitcoin? Fundamental Analysis
Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers. To receive WBTC, a user requests tokens from a merchant. The merchant then performs the required KYC / AML procedures and verifies the user’s identity. Once this is completed, the user and merchant execute their swap, with Bitcoin from the user transferring to the merchant, and WBTC from the merchant transferring to the user.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jan 31, 2023 | $23486.1760 | Neutral |
| March, 2023 | $ 29,304 USD | Upside |
| March, 2023 | $ 29,382 USD | Upside |
| May, 2023 | $ 25,056 USD | Upside |
| July, 2023 | $ 22,846 USD | Downside |
| January, 2024 | $ 37,400 USD | Upside |
WBTC Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Wrapped Bitcoin (WBTC) in future? | Our analysis shows a possible all time high of $37400.2785 USD |
| Will Wrapped Bitcoin (WBTC) price increase in future? | Our prognosis shows Wrapped Bitcoin (WBTC) will increase exponentially in future, attaining a possible coin price of $37400.2785 USD |
| Will an Investment in Wrapped Bitcoin (WBTC) be profitable or make a loss? | Wrapped Bitcoin will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Wrapped Bitcoin (WBTC) in future? | $37400.2785 USD |
| Will the price of Wrapped Bitcoin (WBTC) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Wrapped Bitcoin? | Our algorithms indicates an end of year price of 1 WBTC = $37400.2785 USD. |
| What is the Wrapped Bitcoin price prediction for 2025? | By the year 2025, the price of one WBTC could be as high as $187001.3923 USD |
| Wrapped Bitcoin price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Wrapped Bitcoin? | Purchase WBTC coin here → |
Historical Price Data (USD)
Poor volume like WBTC could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| January 28, 2023 | $23041.14 | $45,236 |
| January 27, 2023 | $22986.14 | $6,547,476 |
| January 26, 2023 | $23017.84 | $3,932,469 |
| January 25, 2023 | $22567.62 | $14,612,876 |
| January 24, 2023 | $22864.76 | $5,933,479 |
| January 23, 2023 | $22678.65 | $6,770,027 |
| January 22, 2023 | $22758.01 | $4,593,787 |
| January 21, 2023 | $22635.38 | $5,213,406 |
| January 20, 2023 | $21073.85 | $9,059,812 |
| January 19, 2023 | $20678.47 | $5,147,919 |
| January 18, 2023 | $21134.01 | $6,779,850 |
| January 17, 2023 | $21188.92 | $1,996,741 |
| January 16, 2023 | $20878.94 | $10,317,945 |
| January 15, 2023 | $20954.52 | $7,402,211 |
| January 14, 2023 | $19882.22 | $15,846,437 |
| January 13, 2023 | $18820.73 | $19,057,505 |
| January 12, 2023 | $17938 | $7,429,858 |
| January 11, 2023 | $17442.44 | $3,477,281 |
| January 10, 2023 | $17196.21 | $7,906,484 |
| January 9, 2023 | $17110.68 | $17,413,741 |
| January 8, 2023 | $16937.65 | $868,196 |
| January 7, 2023 | $16937.69 | $2,181,569 |
| January 6, 2023 | $16804 | $4,949,531 |
| January 5, 2023 | $16836.71 | $1,718,209 |
| January 4, 2023 | $16643.49 | $4,646,932 |
| January 3, 2023 | $16648.41 | $2,561,932 |
| January 2, 2023 | $16582.3 | $1,685,152 |
| January 1, 2023 | $16511.47 | $1,558,902 |
| December 31, 2022 | $16571.25 | $2,458,723 |
| December 30, 2022 | $16578.02 | $3,924,735 |
Steps to buy Wrapped Bitcoin (WBTC) in 2023
- Buy WBTC with USD: Purchase WBTC with USD on the following exchanges: Coinbase, Bitfinex, ftx, Yobit, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports WBTC/BTC pair. You can buy WBTC with Bitcoin at Bitfinex, Binance, BitTrex, HuobiPro, OKEX, HitBTC, huobikorea, Kucoin, oneinch, uniswap, Coinbase, Binance, BitTrex, HuobiPro, Poloniex, OKEX, huobikorea, Kucoin, Yobit, bilaxy, .
- Now, Buy Wrapped Bitcoin with BTC: Below is a detailed breakdown of exchanges that support Wrapped Bitcoin and their trading.
Exchanges that support WBTC/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Coinbase | WBTC/USD | AA |
| Bitfinex | WBTC/USD | A |
| ftx | WBTC/USD | A |
| Yobit | WBTC/USD | D |
Exchanges that trade WBTC/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Coinbase | WBTC/BTC | AA |
| Binance | WBTC/BTC | A |
| BitTrex | WBTC/BTC | A |
| HuobiPro | WBTC/BTC | A |
| Poloniex | WBTC/BTC | A |
| OKEX | WBTC/BTC | BB |
| huobikorea | WBTC/BTC | B |
| Kucoin | WBTC/BTC | B |
| Yobit | WBTC/BTC | D |
| bilaxy | WBTC/BTC | D |
Exchanges that allow WBTC/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Bitfinex | WBTC/ETH | A |
| Binance | WBTC/ETH | A |
| BitTrex | WBTC/ETH | A |
| HuobiPro | WBTC/ETH | A |
| OKEX | WBTC/ETH | BB |
| HitBTC | WBTC/ETH | B |
| huobikorea | WBTC/ETH | B |
| Kucoin | WBTC/ETH | B |
| oneinch | WBTC/ETH | - |
| uniswap | WBTC/ETH | - |
