What is CRYPTO.COM WRAPPED BTC(CDCBTC)?

Basic information about CDCBTC

Coin name:

Crypto.com Wrapped BTC

Coin symbol:

Coin introduction:

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.

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Current Price:

$102.710KMore coin details

All-time high:

$129.071K

All-time low:

$71,566

CDCBTC Supply Info and Tokenomics

Circulating supply:

173

Total supply:

173

Max supply:

Market cap:

$17.768M

Fully diluted valuation:

$17.768M

What is the outlook and future value of CDCBTC?

The current market cap of CDCBTC is $17.768M, ranked 1426 in the market, showing that the market already recognizes the value of CDCBTC. When a bull market arrives, the market cap of CDCBTC may continue to grow.

Moreover, if CDCBTC can play a greater role in real-world applications—such as if the Monero developers can fully empower CDCBTC and establish partnerships with more business partners to expand its user base—then the long-term value of CDCBTC will be further enhanced.

What is the price of CDCBTC in 2026?

According to the historical price performance prediction model of CDCBTC, the price of CDCBTC is expected to reach $107.845K at 2026.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get CDCBTC?

Purchasing CDCBTC with cash is not the only way to obtain CDCBTC. If you have enough time, you can get CDCBTC for free.

Learn how to get Hot rewards for free with CDCBTC.

Earn free CDCBTC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get CDCBTC airdrops for free.

All crypto airdrops and rewards can be exchanged for CDCBTC through LBank spot trading.

Buy CDCBTC starting from $1

What is CDCBTC used for and how to use it?

The use cases for CDCBTC may grow with the development of the crypto market and project progress. Currently, you can use CDCBTC to:

Arbitrage trading of CDCBTC

CDCBTC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many CDCBTC trading pairs to suit your needs.

Earn yield with CDCBTC

You can also lend out CDCBTC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your CDCBTC gains.

Send or pay with CDCBTC

If you want to pay someone with CDCBTC, you can easily and quickly send CDCBTC to them using their receiving address.

You can also visit the official website of Crypto.com Wrapped BTC to learn more use cases of CDCBTC, such as whether the Crypto.com Wrapped BTC project supports community/eco apps or buying physical or virtual goods with CDCBTC.