What are Wrapped Bitcoin, Wrapped Ethereum, and Wrapped Dai? Today we are going to discuss what Wrapped Bitcoin (WBTC) and other coins are and why you should be paying attention to them in DeFi. We'll cover all of the different types of Wrapped Coins and discuss their use cases.
Wrapped Bitcoin is a relatively new concept, but it could be important to bringing liquidity to DeFi. This concept connects BTC to the Ethereum blockchain. WBTC is an ERC-20 token that's backed on a 1:1 basis with Bitcoin. One of the main use cases for WBTC is in decentralized finance. Wrapped tokens give the owners of digital assets freedom to explore other blockchains. Find out how YOU should be taking advantage of Wrapped Tokens in 2020 to build your wealth.
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Best Crypto Products
Buy My BitBoy Collectibles ➡️ bitboy
Get $50 for Free with a CRO Card ➡️ http://CROcard.BitBoy.Live
Best Hardware Wallet ➡️ http://Ledger.BitBoy.Live
Deep Coin Research ➡️ TM.BitBoy.Live
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
Wrapped Bitcoin is a relatively new concept, but it could be important to bringing liquidity to DeFi. This concept connects BTC to the Ethereum blockchain. WBTC is an ERC-20 token that's backed on a 1:1 basis with Bitcoin. One of the main use cases for WBTC is in decentralized finance. Wrapped tokens give the owners of digital assets freedom to explore other blockchains. Find out how YOU should be taking advantage of Wrapped Tokens in 2020 to build your wealth.
Connect with Me & the BitSquad!
Join the BitSquad ➡️ BitSquad
Join the BitBoy Lab ➡️ http://discord.BitBoy.Live
Join BitSquad Traders ➡️ BitSquadTraders
Join Me on Twitter ➡️ Bitboy_Crypto
Join Me on Instagram ➡️ bitboy_crypto
Join Me on TikTok ➡️ @factsceo
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Best Crypto Products
Buy My BitBoy Collectibles ➡️ bitboy
Get $50 for Free with a CRO Card ➡️ http://CROcard.BitBoy.Live
Best Hardware Wallet ➡️ http://Ledger.BitBoy.Live
Deep Coin Research ➡️ TM.BitBoy.Live
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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