Crypto.com Wrapped BTC - Frequently Asked Questions

Question 1

What is Crypto.com Wrapped BTC?

Sharpe Labs · Accepted Answer

What is CDCBTC? Crypto.com Wrapped BTC (CDCBTC) is a token backed 1:1 by native BTC in Crypto.com’s custody, with the underlying BTC held in Crypto.com’s cold storage. CDCBTC allows bitcoin holders to access decentralised finance (DeFi) applications on chain. Eligible Crypto.com users can obtain CDCBTC by withdrawing their native BTC from the platform to a supported non-BTC chain and swap CDCBTC for native BTC by depositing CDCBTC into their Crypto.com wallet. The Case for CDCBTC Bitcoin’s DeFi utilities on its native chain are limited because of a lack of smart contract functionality and compatibility with other chains. Several wrapped BTC products have been created to address this problem, but many fail to sufficiently mitigate counterparty and security risks. CDCBTC aims to enable token holders to unlock BTC’s DeFi capabilities across multiple chains: on-chain trading, collateralised borrowing, yield farming, restaking, and more. This will be done by offering a seamless and secure way to wrap and unwrap native BTC through the Crypto.com platform to multiple supported chains while addressing security issues by having the underlying BTC held in Crypto.com’s SOC 2 Type II compliant custodial solution. CDCBTC will be initially made available on Cronos Chain. Wrap and Unwrap of CDCBTC CDCBTC represents the underlying native BTC-backed 1:1 in Crypto.com’s custody. Mint/burn thresholds are set to ensure the underlying BTC backing CDCBTC is always larger than or equal to the circulating supply of CDCBTC. The exchange process between CDCBTC and BTC is as follows: Wrap: When users initiate a BTC withdrawal to a supported chain, they will receive CDCBTC in their destination wallet. Crypto.com will manage the minting/wrapping operation on the backend - native BTC will be moved to a dedicated BTC reserve wallet backing CDCBTC before new quantities of CDCBTC are minted on a 1:1 basis. Unwrap: When users initiate a CDCBTC deposit into their Crypto.com account, the CDCBTC is automatically unwrapped and they will receive native BTC from the dedicated BTC reserve wallet, available for trading or other use cases on the platform. Custody, Transparency, and Security The underlying BTC is held 1:1 via Crypto.com’s in-house Multiparty Computation (MPC) custody solution that has undergone SOC 2 (Service Organisation Control) Type II assessment by an independent auditor. It is an assurance through an independent auditor validating and auditing security controls and processes, focusing on the following aspects: Security, Availability, Processing Integrity, and Confidentiality. Guided by the SOC 2 Type II standards, the custody solution was designed to ensure that the security controls in place protect the solution itself from unauthorised access (system abuse, theft, fraud, etc.), unauthorised removal of data, misuse of software, and improper alteration or disclosure of information. Crypto.com has engaged SlowMist for CDCBTC’s smart contracts auditing. No critical vulnerabilities have been identified. Crypto.com Wrapped BTC operates on the Cronos blockchain network. For more information, visit the official Crypto.com Wrapped BTC website at http://crypto.com/cdcbtc

Question 2

What is the current price of Crypto.com Wrapped BTC?

Sharpe Labs · Accepted Answer

The current Crypto.com Wrapped BTC price today is $84.65K USD. The Crypto.com Wrapped BTC (CDCBTC) price has decreased by -0.37% over the last 24 hours. The real-time Crypto.com Wrapped BTC price is down and updated live based on trading data from decentralized exchanges. You can track CDCBTC price movements to make informed trading decisions.

Question 3

Where can I track Crypto.com Wrapped BTC price?

Sharpe Labs · Accepted Answer

You can track Crypto.com Wrapped BTC (CDCBTC) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/cronos/crypto.com-wrapped-btc. Our platform provides live Crypto.com Wrapped BTC price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and CDCBTC holder analytics. The Crypto.com Wrapped BTC price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track CDCBTC price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Crypto.com Wrapped BTC transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Crypto.com Wrapped BTC price with professional-grade analytics and real-time market data.

Question 4

What is the circulating supply of Crypto.com Wrapped BTC?

Sharpe Labs · Accepted Answer

The Crypto.com Wrapped BTC circulating supply is currently 173 CDCBTC tokens. The total Crypto.com Wrapped BTC supply is 173 CDCBTC tokens. As of now, 100.0% of the total CDCBTC supply is in active circulation, meaning most of the total supply is available for trading. Crypto.com Wrapped BTC (CDCBTC) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Crypto.com Wrapped BTC directly impacts the token's market value and price dynamics.

Question 5

How to buy Crypto.com Wrapped BTC?

Sharpe Labs · Accepted Answer

To buy Crypto.com Wrapped BTC (CDCBTC) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Crypto.com Wrapped BTC page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Crypto.com Wrapped BTC price and allow you to enter the amount of CDCBTC you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Crypto.com Wrapped BTC. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track CDCBTC price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Crypto.com Wrapped BTC.

Question 6

How to sell Crypto.com Wrapped BTC?

Sharpe Labs · Accepted Answer

To sell Crypto.com Wrapped BTC (CDCBTC) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Crypto.com Wrapped BTC page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your CDCBTC tokens. Once your wallet is connected, the interface will display your current Crypto.com Wrapped BTC balance and allow you to enter the amount of CDCBTC you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Crypto.com Wrapped BTC for other tokens like USDT or USDC. Review the current Crypto.com Wrapped BTC price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell CDCBTC for maximum returns.

Question 7

Is Crypto.com Wrapped BTC a good investment?

Sharpe Labs · Accepted Answer

Whether Crypto.com Wrapped BTC (CDCBTC) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Before investing in Crypto.com Wrapped BTC, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze CDCBTC tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Crypto.com Wrapped BTC whitepaper and use case to understand the project's value proposition. 4) Monitor CDCBTC price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Cronos blockchain explorer for contract verification and transaction history. 6) Assess Crypto.com Wrapped BTC community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Crypto.com Wrapped BTC price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Crypto.com Wrapped BTC performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 8

How can I view Crypto.com Wrapped BTC transactions?

Sharpe Labs · Accepted Answer

You can view Crypto.com Wrapped BTC (CDCBTC) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Crypto.com Wrapped BTC buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each CDCBTC transaction shows the exact price at which the trade occurred, allowing you to analyze Crypto.com Wrapped BTC trading patterns and market activity. You can filter Crypto.com Wrapped BTC transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any CDCBTC transaction to view complete details on the blockchain explorer. Monitor Crypto.com Wrapped BTC transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for CDCBTC token.

	Price	USD	CDCBTC	Maker
15m	$84.41K	$253.22939	0.0₂3000	...a2efdb
21m	$84.40K	$266.43201	0.0₂3156	...028b98
21m	$84.22K	$926.3803	0.0110	...a2efdb
21m	$84.30K	$251.22569	0.0₂2980	...8cfb88
25m	$84.29K	$259.55807	0.0₂3079	...028b98
25m	$84.31K	$416.95609	0.0₂4945	...028b98
25m	$84.31K	$421.56594	0.0₂5000	...a2efdb
30m	$84.32K	$337.26278	0.0₂4000	...a2efdb
30m	$84.36K	$253.06996	0.0₂3000	...3173d6
59m	$84.58K	$423.36402	0.0₂5005	...028b98
1h	+ 0.0₄5865 CDCBTC and 173.29 WCRO			...1065cc
1h	- 0.00 CDCBTC and 0.00 WCRO			...1065cc
2h	$83.98K	$292.75569	0.0₂3486	...4c1317
2h	$84.45K	$24.44653	0.0₃2894	...3b3426
2h	$84.68K	$125.6578	0.0₂1483	...8cfb88
3h	$84.40K	$126.0016	0.0₂1492	...8cfb88
3h	$84.33K	$337.32373	0.0₂4000	...3173d6
3h	$84.37K	$251.69206	0.0₂2983	...8cfb88
3h	$83.91K	$335.64541	0.0₂4000	...3173d6
3h	$83.89K	$251.67363	0.0₂3000	...a2efdb
3h	$83.90K	$335.61005	0.0₂4000	...3173d6
3h	$83.88K	$335.52979	0.0₂4000	...3173d6
3h	$83.91K	$312.54884	0.0₂3724	...a2efdb
4h	$84.06K	$313.27342	0.0₂3726	...a2efdb
4h	$83.88K	$547.42843	0.0₂6526	...a2efdb
4h	$83.82K	$280.93379	0.0₂3351	...028b98
4h	$83.93K	$234.99885	0.0₂2800	...a2efdb
4h	$83.90K	$313.3689	0.0₂3735	...a2efdb
4h	$83.37K	$60.96901	0.0₃7313	...bfc1e1
4h	$83.86K	$234.9971	0.0₂2802	...a2efdb

Crypto.com Wrapped BTC Price Today | Live Chart & Market Data

Crypto.com Wrapped BTC Live Chart and Market Cap

Crypto.com Wrapped BTC Holders and Real-Time Transactions

Crypto.com Wrapped BTC Price Analysis & Token Information

CDCBTC Token Metrics

Professional DEX Analytics Features

cronos Network Token Analysis

Related DEX Scanner Features

Crypto.com Wrapped BTC Coin Price Prediction

Explore More on Sharpe DEX Scanner