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A Guide to Getting Started with Coinbase’s New cbBTC

Altszn.com by Altszn.com
October 27, 2024
in Blockchain, Crypto, DeFi, Web3
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A Guide to Getting Started with Coinbase’s New cbBTC
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On September 12, 2024, Coinbase rolled out Coinbased Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by BTC custodied by Coinbase. With cbBTC, Bitcoin holders can now leverage their BTC in DeFi apps across multiple blockchains without having to trade or sell.
To start, cbBTC will be live on both Ethereum Mainnet and the Base L2 network, with plans to expand to more chains, bringing even greater utility to Bitcoin to the DeFi world.



Read More: thedefiant.io

Tags: cbBTCCoinbasesDeFiguideStarted
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    • bitcoinBitcoin (BTC) $ 103,000.00
    • ethereumEthereum (ETH) $ 2,338.35
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.35
    • bnbBNB (BNB) $ 671.87
    • solanaSolana (SOL) $ 171.75
    • usd-coinUSDC (USDC) $ 0.999953
    • dogecoinDogecoin (DOGE) $ 0.205718
    • cardanoCardano (ADA) $ 0.778536
    • tronTRON (TRX) $ 0.263504
    • staked-etherLido Staked Ether (STETH) $ 2,336.72
    • suiSui (SUI) $ 3.98
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,069.00
    • chainlinkChainlink (LINK) $ 15.99
    • avalanche-2Avalanche (AVAX) $ 23.30
    • wrapped-stethWrapped stETH (WSTETH) $ 2,810.23
    • stellarStellar (XLM) $ 0.297718
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.201344
    • hyperliquidHyperliquid (HYPE) $ 24.74
    • bitcoin-cashBitcoin Cash (BCH) $ 413.90
    • the-open-networkToncoin (TON) $ 3.29
    • leo-tokenLEO Token (LEO) $ 8.69
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 102.93
    • polkadotPolkadot (DOT) $ 4.90
    • wethWETH (WETH) $ 2,338.90
    • moneroMonero (XMR) $ 311.69
    • wrapped-eethWrapped eETH (WEETH) $ 2,495.61
    • bitget-tokenBitget Token (BGB) $ 4.57
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.732107
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,039.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 6.45
    • bittensorBittensor (TAO) $ 427.56
    • nearNEAR Protocol (NEAR) $ 2.91
    • aptosAptos (APT) $ 5.60
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 55.20
    • aaveAave (AAVE) $ 211.80
    • ondo-financeOndo (ONDO) $ 1.01
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.101801
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • ethereum-classicEthereum Classic (ETC) $ 19.14
    • internet-computerInternet Computer (ICP) $ 5.46
    • official-trumpOfficial Trump (TRUMP) $ 14.34
    • bitcoinBitcoin (BTC) $ 103,000.00
    • ethereumEthereum (ETH) $ 2,338.35
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.35
    • bnbBNB (BNB) $ 671.87
    • solanaSolana (SOL) $ 171.75
    • usd-coinUSDC (USDC) $ 0.999953
    • dogecoinDogecoin (DOGE) $ 0.205718
    • cardanoCardano (ADA) $ 0.778536
    • tronTRON (TRX) $ 0.263504
    • staked-etherLido Staked Ether (STETH) $ 2,336.72
    • suiSui (SUI) $ 3.98
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,069.00
    • chainlinkChainlink (LINK) $ 15.99
    • avalanche-2Avalanche (AVAX) $ 23.30
    • wrapped-stethWrapped stETH (WSTETH) $ 2,810.23
    • stellarStellar (XLM) $ 0.297718
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.201344
    • hyperliquidHyperliquid (HYPE) $ 24.74
    • bitcoin-cashBitcoin Cash (BCH) $ 413.90
    • the-open-networkToncoin (TON) $ 3.29
    • leo-tokenLEO Token (LEO) $ 8.69
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 102.93
    • polkadotPolkadot (DOT) $ 4.90
    • wethWETH (WETH) $ 2,338.90
    • moneroMonero (XMR) $ 311.69
    • wrapped-eethWrapped eETH (WEETH) $ 2,495.61
    • bitget-tokenBitget Token (BGB) $ 4.57
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.732107
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,039.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 6.45
    • bittensorBittensor (TAO) $ 427.56
    • nearNEAR Protocol (NEAR) $ 2.91
    • aptosAptos (APT) $ 5.60
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 55.20
    • aaveAave (AAVE) $ 211.80
    • ondo-financeOndo (ONDO) $ 1.01
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.101801
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • ethereum-classicEthereum Classic (ETC) $ 19.14
    • internet-computerInternet Computer (ICP) $ 5.46
    • official-trumpOfficial Trump (TRUMP) $ 14.34