Cryptocurrency Q&A
Who can redeem WBTC?
Who can redeem WBTC?
ZenMind
Wed Oct 23 2024
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5 answers
959
I would like to know who is eligible to redeem Wrapped Bitcoin or WBTC. Can anyone redeem it or are there specific requirements or conditions that need to be met?
5 answers
CryptoTitaness
Fri Oct 25 2024
These institutions are part of the collective that issues the WBTC representative token.
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Riccardo
Fri Oct 25 2024
Individuals are not able to directly redeem WBTC for BTC.
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GinsengBoostPowerBoostVitality
Fri Oct 25 2024
For amounts less than 100 bitcoin, the only viable option currently is to swap on a custodial exchange.
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CryptoPioneerGuard
Fri Oct 25 2024
The redemption of WBTC for BTC is restricted to a specific group of institutions.
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Martino
Fri Oct 25 2024
This method involves entrusting the exchange with the custody of the funds during the swap process.
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