Coinbase Wrapped BTC current market price is $75,619.00 with a 24 hour trading volume of $376.62M. The total available supply of Coinbase Wrapped BTC is 33,389 CBBTC with a maximum supply of (Not Available) CBBTC. It has secured Rank 42 in the cryptocurrency market with a marketcap of $2.52B. The CBBTC price is -5.77% down in the last 24 hours.
The lowest price of the Coinbase Wrapped BTC is $74,503.00 & the highest price is $80,284.00 in the last 24 hours. Live Coinbase Wrapped BTC prices from all markets and CBBTC coin market Capitalization. Stay up to date with the latest Coinbase Wrapped BTC price movements. Check our coin stats data and see when there is an opportunity to buy or sell Coinbase Wrapped BTC at best price in the market.
#42
$75,619.00
$-4628.11 -5.77%
$74,503.00 / $80,284.00
$2.52B -3.73%
$376.62M
33,389 CBBTC
(Not Available) CBBTC
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-5.77%
-10.56%
-13.23%
-8%
-21.68%
0%
Compare live prices of Coinbase Wrapped BTC on top exchanges.
Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.
https://etherscan.io/token/0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf
