How to Buy Wrapped Bitcoin (WBTC): A Step-by-Step Guide

Introduction

When purchasing Wrapped Bitcoin, there are several factors to consider, including selecting an exchange to purchase it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges in the UK to assist you with the process.

Step-by-Step Guide

1. Choose an Exchange

Research and select a cryptocurrency exchange that operates in the United Kingdom and supports Wrapped Bitcoin trading. Consider factors such as fees, security, and user reviews.

Platform	Coin	Price
Binance	Wrapped Bitcoin (WBTC)	90,931.28
Kraken	Wrapped Bitcoin (WBTC)	91,074.3
OKX	Wrapped Bitcoin (WBTC)	114,676.9
BingX	Wrapped Bitcoin (WBTC)	90,943.42
Bitget	Wrapped Bitcoin (WBTC)	90,898.6
Bitmart	Wrapped Bitcoin (WBTC)	90,931.29

View all 20 prices

2. Create an Account

Platform	Coin	Price
Binance	Wrapped Bitcoin (WBTC)	90,931.28
Kraken	Wrapped Bitcoin (WBTC)	91,074.3
OKX	Wrapped Bitcoin (WBTC)	114,676.9
BingX	Wrapped Bitcoin (WBTC)	90,943.42
Bitget	Wrapped Bitcoin (WBTC)	90,898.6
Bitmart	Wrapped Bitcoin (WBTC)	90,931.29

View all 20 prices

3. Fund Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Wrapped Bitcoin Market
Once your account is funded, search for Wrapped Bitcoin (WBTC) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of Wrapped Bitcoin you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Purchase WBTC" or equivalent button.
7. Complete Purchase
Your Wrapped Bitcoin purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

What to Be Aware Of

When purchasing Wrapped Bitcoin, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your cryptocurrency to a hardware wallet. That way, no matter what happens to that exchange, your cryptocurrency is safe.

Latest Movements in the UK

Wrapped Bitcoin (WBTC) is currently priced at US$111,427 with a 24-hour trading volume of US$463.56M. In the last 24 hours, Wrapped Bitcoin has experienced a decrease of -2.27%. The market cap of Wrapped Bitcoin stands at US$12.32B, with 131,830.43 WBTC in circulation. For those looking to buy or trade Wrapped Bitcoin, Binance offers avenues to do so securely and efficiently

Market capitalisation: US$12.32B
24-hour volume: US$463.56M
Circulating supply: 131,830.43 WBTC

See the latest information

Frequently Asked Questions About Purchasing Wrapped Bitcoin (WBTC)

What is Wrapped Bitcoin (WBTC) and how does it work?: Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain that represents Bitcoin 1:1. Each WBTC is backed by a real Bitcoin held in reserve by a custodian. This bridge enables Bitcoin holders to access DeFi applications, NFT marketplaces, and tokenized trading on Ethereum without moving BTC off-chain. To obtain WBTC, users typically lock BTC with a custodian or merchant, who then mints the corresponding amount of WBTC. Conversely, burning WBTC releases the underlying BTC back to the user. The system relies on transparent reserve audits to ensure each WBTC is fully backed.
Why would I use WBTC instead of holding Bitcoin directly?: WBTC unlocks Bitcoin’s liquidity for Ethereum-based ecosystems. With WBTC, you can participate in DeFi lending, yield farming, liquidity mining, collateralized loans, and decentralized exchanges that require ERC-20 compatibility. It also enables automated price discovery and programmable smart contracts around Bitcoin value. However, you trade some jurisdictional and custody considerations: you rely on a custodian for the reserves and you may incur fees for minting, burning, and on-chain transactions. Assess risk, including custodian risk and smart contract risk, before converting BTC to WBTC.
What are the key risks and considerations when using WBTC?: Key risks include reserve trust (the necessity that custodians hold adequate BTC reserves), smart contract risks on Ethereum (bugs or exploits), and potential slippage or high gas fees during network congestion. WBTC relies on a transparent audit process to verify reserves, but users should review recent attestations. Also, moving BTC to WBTC involves on-chain mint/burn operations with associated transaction fees. If custody or audits are compromised, the WBTC peg could be affected. Diversify exposure and only use reputable custodians and platforms.
What is the current market status of WBTC, and how can I track it?: As of the latest data, Wrapped Bitcoin trades near 89,437 USD with a 24-hour price change of about -1.97%. The circulating supply is roughly 124,963 WBTC, indicating a portion of Bitcoin has been tokenized. Stay updated by checking trusted aggregators and block explorers that report WBTC price, total supply, and reserve attestations. Note that price may deviate slightly from BTC due to Ethereum gas costs, market demand, and arbitrage activity between BTC and WBTC markets across different exchanges.
How do I acquire or redeem WBTC, and what fees should I expect?: To acquire WBTC, you typically buy BTC first and then use a bridge service or a custodian-merchant to mint WBTC by locking your BTC. To redeem, you burn WBTC and receive the equivalent amount of BTC back to your wallet. Fees vary by service and can include minting/burning fees, on-chain transaction fees (gas on Ethereum), and potential exchange fees. Always perform the process through reputable platforms, review the fee schedule upfront, and consider the time for mint/burn and any third-party service costs.

Wrapped Bitcoin WBTC News in the UK

February 6, 2026Is President Trump selling Bitcoin? WLFI pays off Aave debt with WBTC to avoid liquidation but risk remains

The address repaid $11.75 million in USDC after pulling WBTC collateral, boosting its Aave health factor to 1.54.

Top Pairs for Wrapped Bitcoin in the UK

Step-by-Step Guide

1. Choose an Exchange

Research and select a cryptocurrency exchange that operates in the United Kingdom and supports Wrapped Bitcoin trading. Consider factors such as fees, security, and user reviews.

Platform	Coin	Price
Binance	Wrapped Bitcoin (WBTC)	90,931.28
Kraken	Wrapped Bitcoin (WBTC)	91,074.3
OKX	Wrapped Bitcoin (WBTC)	114,676.9
BingX	Wrapped Bitcoin (WBTC)	90,943.42
Bitget	Wrapped Bitcoin (WBTC)	90,898.6
Bitmart	Wrapped Bitcoin (WBTC)	90,931.29

View all 20 prices

2. Create an Account

Platform	Coin	Price
Binance	Wrapped Bitcoin (WBTC)	90,931.28
Kraken	Wrapped Bitcoin (WBTC)	91,074.3
OKX	Wrapped Bitcoin (WBTC)	114,676.9
BingX	Wrapped Bitcoin (WBTC)	90,943.42
Bitget	Wrapped Bitcoin (WBTC)	90,898.6
Bitmart	Wrapped Bitcoin (WBTC)	90,931.29

View all 20 prices

3. Fund Your Account

Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.

4. Navigate to the Wrapped Bitcoin Market

Once your account is funded, search for Wrapped Bitcoin (WBTC) in the exchange's marketplace.

5. Choose a Transaction Amount

Enter the desired amount of Wrapped Bitcoin you wish to purchase.

6. Confirm Purchase

Preview the Transaction Details and Confirm Your Purchase by clicking the "Purchase WBTC" or equivalent button.

7. Complete Purchase

Your Wrapped Bitcoin purchase will be processed and deposited into your exchange wallet within minutes.

8. Transfer to a Hardware Wallet

It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Frequently Asked Questions About Purchasing Wrapped Bitcoin (WBTC)

What is Wrapped Bitcoin (WBTC) and how does it work?

Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain that represents Bitcoin 1:1. Each WBTC is backed by a real Bitcoin held in reserve by a custodian. This bridge enables Bitcoin holders to access DeFi applications, NFT marketplaces, and tokenized trading on Ethereum without moving BTC off-chain. To obtain WBTC, users typically lock BTC with a custodian or merchant, who then mints the corresponding amount of WBTC. Conversely, burning WBTC releases the underlying BTC back to the user. The system relies on transparent reserve audits to ensure each WBTC is fully backed.

Why would I use WBTC instead of holding Bitcoin directly?

WBTC unlocks Bitcoin’s liquidity for Ethereum-based ecosystems. With WBTC, you can participate in DeFi lending, yield farming, liquidity mining, collateralized loans, and decentralized exchanges that require ERC-20 compatibility. It also enables automated price discovery and programmable smart contracts around Bitcoin value. However, you trade some jurisdictional and custody considerations: you rely on a custodian for the reserves and you may incur fees for minting, burning, and on-chain transactions. Assess risk, including custodian risk and smart contract risk, before converting BTC to WBTC.

What are the key risks and considerations when using WBTC?

Key risks include reserve trust (the necessity that custodians hold adequate BTC reserves), smart contract risks on Ethereum (bugs or exploits), and potential slippage or high gas fees during network congestion. WBTC relies on a transparent audit process to verify reserves, but users should review recent attestations. Also, moving BTC to WBTC involves on-chain mint/burn operations with associated transaction fees. If custody or audits are compromised, the WBTC peg could be affected. Diversify exposure and only use reputable custodians and platforms.

What is the current market status of WBTC, and how can I track it?

As of the latest data, Wrapped Bitcoin trades near 89,437 USD with a 24-hour price change of about -1.97%. The circulating supply is roughly 124,963 WBTC, indicating a portion of Bitcoin has been tokenized. Stay updated by checking trusted aggregators and block explorers that report WBTC price, total supply, and reserve attestations. Note that price may deviate slightly from BTC due to Ethereum gas costs, market demand, and arbitrage activity between BTC and WBTC markets across different exchanges.

How do I acquire or redeem WBTC, and what fees should I expect?

To acquire WBTC, you typically buy BTC first and then use a bridge service or a custodian-merchant to mint WBTC by locking your BTC. To redeem, you burn WBTC and receive the equivalent amount of BTC back to your wallet. Fees vary by service and can include minting/burning fees, on-chain transaction fees (gas on Ethereum), and potential exchange fees. Always perform the process through reputable platforms, review the fee schedule upfront, and consider the time for mint/burn and any third-party service costs.

How to Purchase Wrapped Bitcoin (WBTC)

What you will learn

How to Purchase Wrapped Bitcoin (WBTC)

Statistics about Wrapped Bitcoin purchases

Other coins you can purchase

Introduction

Step-by-Step Guide

1. Choose an Exchange

2. Create an Account

3. Fund Your Account

4. Navigate to the Wrapped Bitcoin Market

5. Choose a Transaction Amount

6. Confirm Purchase

7. Complete Purchase

8. Transfer to a Hardware Wallet

What to Be Aware Of

Latest Movements in the UK

Frequently Asked Questions About Purchasing Wrapped Bitcoin (WBTC)

Wrapped Bitcoin WBTC News in the UK

Top Pairs for Wrapped Bitcoin in the UK

Important Notice

Newly Added Coins

Similar Coins

Introduction

Step-by-Step Guide

1. Choose an Exchange

2. Create an Account

3. Fund Your Account

4. Navigate to the Wrapped Bitcoin Market

5. Choose a Transaction Amount

6. Confirm Purchase

7. Complete Purchase

8. Transfer to a Hardware Wallet

What to Be Aware Of

Supported Exchanges in the UK

Frequently Asked Questions About Purchasing Wrapped Bitcoin (WBTC)

Wrapped Bitcoin WBTC News in the UK