iBTC for Retail Traders
How it Works
While retail traders cannot directly mint iBTC, they play a crucial role in the ecosystem. Specialized merchants handle the minting process, ensuring regulatory compliance and operational efficiency. These merchants then make iBTC available on decentralized exchanges (DEXs), where you can easily acquire it.
Check out the Technology Deep Dive section to learn more about how iBTC works.
Where to Get iBTC
You can acquire iBTC by swapping for it on popular DEXs.
Ethereum
Get iBTC on Ethereum mainnet using:
Arbitrum
On Arbitrum, you can get iBTC using:
Paraswap: Swap tokens for iBTC on Paraswap.
Uniswap: Find iBTC trading pairs on Uniswap.
Balancer: Utilize Balancer's pools to acquire iBTC.
Bridging
You can use Transporter to bridge your iBTC between different chains.
More exchanges, both decentralized and centralized, are planned for the future, making access to iBTC even easier.
You can acquire iBTC by swapping for it on popular DEXs like Curve, Uniswap, and Balancer. More exchanges, both decentralized and centralized, are planned for the future, making access to iBTC even easier.
Remember: Always do your own research and understand the risks involved in DeFi before you start. If you have any questions, the iBTC community is here to help!
Benefits
Earn Up to 30% Yield: Put your Bitcoin to work and earn attractive returns through various DeFi strategies.
Theft-Proof Design: Your Bitcoin is protected by advanced security measures, ensuring your funds are safe even in the unlikely event of a platform issue.
Lower Fees: Enjoy reduced fees compared to other wrapped Bitcoin options, keeping more of your earnings.
Decentralized: You maintain full control of your Bitcoin throughout the process. No need to trust a third party.
Seamless DeFi Integration: Access a wide range of DeFi opportunities across multiple blockchain networks.
Use Cases
iBTC is integrated with DeFi applications across multiple chains, allowing users to earn yield on their Bitcoin through activities like staking, lending, and liquidity provision.
Some of these applications include:
Automated Market Makers (AMMs): Curve, Uniswap, and Balancer
Lending Pools: Curve Lend, Maple, and Silo
Vaults: Ajna, Convex, and Enzyme
Staking Platforms: Beefy, Karak, and Swaap
Options Trading: Jasper Vault, Hashnote, and Spectra
Coming soon: Aave & Compound (lend/borrow), Chakra (LST), Symbiotic & YieldNest (Staking/Restaking)
Visit the iBTC Earn page to explore various ways to amplify your iBTC holdings and earn 1x points for holding and 5x points for Using iBTC in DeFi Protocols.
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