WBTC
VerifiedWrapped Bitcoin
on Tron
Decentralization
2/5
Contract Address
View on ExplorerTXpw8XeWYeTUd4quDskoUqeQPowRh4jY2PWrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin held in custody by BitGo. It brings Bitcoin's liquidity to the Ethereum ecosystem.
Custodian
BitGo Trust Company
centralised custody
Wrapping Mechanism
Type
centralised custody
Origin Chain
bitcoin
Description
BitGo holds Bitcoin in cold storage and mints WBTC on Ethereum at a 1:1 ratio
Technical Summary
Users send BTC to BitGo's custodial address. BitGo mints equivalent WBTC on Ethereum. Redemption requires merchant approval and KYC.
Trust Assumptions
- BitGo must maintain proper custody of underlying BTC
- Merchants act as authorized minting/burning agents
- Users must trust BitGo's proof of reserves
Deployment Information
Launch Date
2020-09-01
Status
Active
Chain
Tron
WBTC on Other Chains
Related Pages
Verification Notice
Contract addresses and verification data reflect information available as of the dates indicated. Always verify contract addresses independently on official blockchain explorers before interacting with any smart contract. This is not investment advice.