Wrapped BTC (WBTC) Price CAD

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Crypto Asset Statement

What is Wrapped BTC (WBTC)?

Wrapped bitcoin (WBTC) est un jeton basé sur Ethereum qui assure l’interopérabilité entre Bitcoin et Ethereum, permettant aux détenteurs de Bitcoin de participer à l’écosystème croissant des applications DeFi d’Ethereum. Autrement dit, le WBTC permet de représenter le Bitcoin sur le réseau Ethereum. Un jeton ERC-20 est conçu pour imiter la valeur du Bitcoin afin d’être facilement traçable et utilisable sur Ethereum. Vous pouvez acheter et vendre des WBTC en échange de n’importe quelle grande cryptomonnaie, comme BTC, ETH et XRP ou une monnaie traditionnelle comme le dollar canadien, le dollar américain et l’euro. L’échange de cryptomonnaies s’apparente à un échange de devises traditionnelles - vous échangez des WBTC contre des BTC de la même manière que vous échangez des CAD contre des USD. Vous pouvez également échanger des WBTC contre des CAD en fonction du cours des WBTC. Pour savoir comment acheter du Wrapped Bitcoin/WBTC, faites défiler la page.

How to buy Wrapped BTC (WBTC)?

Here's how to buy Wrapped BTC on Coinsquare

To buy Wrapped BTC, simply follow these steps:

1. Sign up for a Coinsquare account and verify your identity

This is the first step to buying WBTC. Verifying your identity helps us to properly connect your funds to your account.

2. Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3. After funding, select WBTC from the list on the trade section

Coinsquare lets you trade WBTC without leaving the app. You can also check the Wrapped BTC price and convert WBTC to CAD or USD on the platform.

4. Select a currency you’ve funded and use it to check the WBTC price

In the Coinsquare app, all currencies available to trade can be found in the drop down list.

5. Buy Wrapped BTC (WBTC)

Congratulations! You’re now the proud owner of WBTC. You can either HODL or use it to exchange WBTC to CAD or any other cryptocurrency listed on Coinsquare.

Where do I keep my Wrapped BTC (WBTC)?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. Client assets are securely stored 1 to 1 in cold storage with approved custodians, kept separate from operational funds, and never utilized for lending purposes.

All client assets are held in trust with external, licensed custodians with a combined $680M USD in insurance. Additionally, CCML maintains Vault Risk insurance beyond those of its custodians that cover risks related to the cold storage of its clients’ crypto assets. And the cash held in your account is insured against insolvency by the Canadian Investment Protection Fund (CIPF). This means that in the unlikely event that Coinsquare (CCML) becomes insolvent, CIPF will cover any shortfall of cash held in client accounts up to $1 million CAD per account.

Ready to add Wrapped BTC (WBTC) to your portfolio?

Create your account, fund it with spare change and get a little bit of WBTC.