Review on Wrapped Bitcoin by Hüseyin Usluoğlu
My thoughts on wrapped BTC
It can be stated that Wrapped Bitcoin has received great interest from investors due to its BTC support and its market value increase in a short time. In addition, it is stated that WBTC is fully supported by BTC reserves and investors can be covered in any negative situation. So investors consider this crypto to be reliable.
However, as it is a counterfeit token, various concerns arise. Still, looking at the numbers, it is seen that WBTC is preferred by investors. You can buy WBTC through Binance, the world's largest cryptocurrency trading platform in terms of transaction volume.
Pros
- a highly preferred token
- Traded on many exchanges
Cons
- being a counterfeit token
