To trade Bitcoin on the Ethereum blockchain is almost impossible, but with WBTC, you can. Enter the world of wrapped tokens, tokens that let you transact on other platforms. This video will fill you in on all you need to know about wrapped tokens! From how they work to their purpose, let’s explore!
Links Mentioned
Explore wrapped tokens – https://www.coingecko.com/en/categories/wrapped-tokens
WBTC – https://www.coingecko.com/en/coins/wrapped-bitcoin
WETH – https://www.coingecko.com/en/coins/weth
Timestamps:
00:00 What are wrapped tokens?
01:00 How do wrapped tokens work?
02:05 WBTC
03:39 WETH
04:38 Advantages & disadvantages
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