MXC will list Wrapped Bitcoin (WBTC) in the Assessment zone, and open trading for WBTC/USDT trading pair. The specific timeline is shown below.
Deposit and withdrawal: opened
Trading: 22:30(UTC+8), Sep.14
Note: Projects in Assessment Zone are still in its early stage, so its price may experience large fluctuation. Users shall be cautious of the investment risks and potential delisting risks.
(The information is provided by the project party. It is for reference only)
Project name: Wrapped Bitcoin （WBTC）
Project official website: https://www.wbtc.network/
Total supply: 21,000,000 WBTC
Circulating supply: 55,847 WBTC
WBTC (Wrapped Bitcoin) is an ERC20 token linked to Bitcoin. It will be officially launched at 5:00 pm on January 30th, US Pacific time (9 am on January 31st, Beijing time). WBTC was jointly launched by blockchain projects such as BitGo, Kyber Network, and Ren (formerly known as Republic Protocol). The token is issued on Ethereum to achieve a 1:1 peg to Bitcoin. All WBTC issued will receive Bitcoin Yes, each Bitcoin stored by the custodian can correspond to the total number of WBTC issued, and can be verified on the chain. Only with the approval of the merchant, the custodian can mint WBTC, and when the holder converts WBTC into Bitcoin, WBTC will be destroyed.
For project details, please visit the project official website mentioned above.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
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Enjoying your trade on MXC.
The MXC team
September 14, 2020