What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin is a token on Ethereum that is backed one-to-one by Bitcoin. After the introduction of DeFi on the Ethereum blockchain, Wrapped Bitcoin (WBTC) was created to let crypto users provide liquidity for Bitcoin on Ethereum and use Bitcoin in different decentralized applications. The total market value of WBTC is $11 billion in 2022.
How Wrapped Bitcoin (WBTC) Works
When a merchant wants to have new WBTC tokens in exchange for BTC, he calls on the Wrapped Bitcoin smart contract and sends his BTC to a custodian. The custodian then triggers the smart contract to mint new WBTC and send it to the merchant. When the merchant wants his BTC back, he submits his WBTC to the custodian and gets his BTC. That WBTC is then burned.
How Many Wrapped Bitcoin (WBTC) Tokens Are in Circulation?
WBTC only has a circulating supply, which is 176,348 at the moment.
How to Buy Wrapped Bitcoin (WBTC)
Consider investing in Wrapped Bitcoin (WBTC)? It only takes 2 minutes to create an account on Bitget and start trading WBTC.
Check out the available WBTC trading pairs on Bitget!
Spot market
Wrapped Bitcoin (WBTC) Resources
Simple 3-step guide to buying WBTC today in Kyrgyzstan
Create your free Bitget account
Select a funding method
Complete your Wrapped Bitcoin purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Wrapped Bitcoin using a payment method of your choice:
Buy Wrapped Bitcoin with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.How to buy crypto with credit/debit cardBuy Wrapped Bitcoin with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Wrapped Bitcoin is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Wrapped Bitcoin order.Buy Wrapped Bitcoin with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Wrapped Bitcoin order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Wrapped Bitcoin in your Bitget spot wallet

Bitget—where the world trades Wrapped Bitcoin
How to buy Wrapped Bitcoin for free
- Learn how to earn Wrapped Bitcoin for free through the Learn2Earn promotion
- Earn free Wrapped Bitcoin by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Wrapped Bitcoin airdrops by joining On-going challenges and promotions

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FAQ
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Kyrgyzstan, also known as the Kyrgyz Republic, is a landlocked country that neighbors Kazakhstan, Uzbekistan, Tajikistan, and China. Located in Central Asia, Kyrgyzstan has a total area of nearly 200,000 km2 and a population of approximately 7 million people. Kyrgyz and Russian are accepted as the official languages of the country. The people of Kyrgyzstan use Kyrgyzstani som (KGS) as their official currency.
Most of the country is covered in mountains and the rest is valleys and basins. The poetic mountainous landscapes of Kyrgyzstan can be experienced in sites such as Ala Archa National Park, Issyk Kul, Song-Kul, Altyn-Arashan, and Ala-Kul. The country was also an important part of the ancient Silk Road trading route, so history-lovers can pay a visit to the State History Museum, Stone Rabat (an inn established in the 15th century), and Burana Tower (9th century minaret).
Wherever you are in Kyrgyzstan, be it the capital of Bishkek, Karakol, or Tokmok, you can buy Wrapped Bitcoin(WBTC) securely and instantly using KGS on the Bitget platform. The lineup of secure payment methods that Bitget provides includes P2P trading, crypto deposits, Apple Pay, Google Pay, and different credit card services.