Bitget Wrapped BTC bgbtc
Rank #353 · Wrapped-Tokens, Ethereum Ecosystem
What is Bitget Wrapped BTC?
Bitget Wrapped BTC (BGBTC) is an ERC-20 token representing Bitcoin in Bitget's wrapped-asset product. It's backed 1:1 by BTC with custody from Bitget and Cobo.
What problem does Bitget Wrapped BTC solve?
Native BTC can't participate in Ethereum smart contracts. BGBTC provides an ERC-20 interface for BTC-linked capital in DeFi.
How does Bitget Wrapped BTC work?
Users stake BTC through Bitget to receive BGBTC. The token is issued on Ethereum with 8 decimals. BGBTC can be staked on Bitget Earn. Backing depends on Bitget/Cobo custody.
Key facts
- Ticker: BGBTC
- Ethereum ERC-20
- Contract: 0x0520930F21b14Cafac7a27b102487beE7138a017
- 8 decimals
- 1:1 BTC backing claim
- Bitget + Cobo custody
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Frequently asked questions
What is BGBTC?
Bitget's wrapped BTC token for DeFi access.
Is it trustless?
No. Backing depends on Bitget/Cobo custody.
External trackers
Choose a tracking site for Bitget Wrapped BTC: