What is a Wrapped Bitcoin wallet
To acquire WBTC (Wrapped Bitcoin), you must first have a wallet specifically for WBTC. So, what is a Wrapped Bitcoin wallet?
Basically, it is a device, app or online service used to receive, store, and access your crypto. It has a unique public address – when someone sends WBTC to this address, it arrives in your Wrapped Bitcoin wallet. It also has a secure private key used to access and spend your crypto. Anyone who has access to this key can spend your crypto, so you must keep it safe to have a secure Wrapped Bitcoin wallet.
Crypto wallets, regardless of their type, generally offer similar functionalities. A no-cost WBTC wallet provides the same basic features as a specialized hardware wallet. The most suitable wallet for WBTC depends on your individual needs and preferences.
At Paybis, we offer our own online Wrapped Bitcoin wallet that is both secure and easy to use. It's always accessible, absolutely free and you can get one in just a few clicks! Here's how.
Getting your WBTC wallet the easy way
All you need to get a Wrapped Bitcoin wallet with us is a Paybis account. Once you've logged on, the rest is simple:
Click the “Wallets” tab or “Open wallet” button on this page;
Select “Add wallet” and pick “Wrapped Bitcoin” from the dropdown menu;
Your free Wrapped Bitcoin wallet is now ready to use!
And that's all there is to it! You now have a fully functional WBTC wallet that you can use to store, receive, and manage your WBTC. Here are some things you can do with it.
Using your Wrapped Bitcoin wallet
Finally, now that you know what is a Wrapped Bitcoin wallet, let's see what you can do with it.
The first thing you may want to do is to add some crypto to your brand new Wrapped Bitcoin wallet. You can add WBTC from an outside source using your public address: just hit the “Deposit” button.
Or, if you don't have any WBTC yet, we kindly invite you to check out our fiat-to-crypto exchange. Your transaction will be fast, simple and safe: a perfect match for the fastest, simplest and safest Wrapped Bitcoin wallet!
Once you have some WBTC in your wallet, you have complete control over it. You may transfer it to another wallet, send it to someone else or simply keep it, waiting for its value to increase. There are no withdrawal or maintenance fees to worry about.
