How It Works
Withdraw to Wrap
Withdraw BTC from Crypto.com to a supported chain to receive CDCBTC in the destination wallet. For a limited time only, withdrawal fees are waived.
Participate in DeFi
Access the world of DeFi with CDCBTC, from yield generation to collateralised borrowing.2
Deposit to Unwrap
Deposit CDCBTC back into your Crypto.com account and receive the same amount of native BTC.
CDCBTC Proof of Reserves
CDCBTC is a wrapped token backed 1:1 by BTC and held by Crypto.com
Find out more
Benefits of CDCBTC
Bitcoin Made Adaptable
Overcome the Bitcoin blockchain’s DeFi limitations and engage with smart contracts using CDCBTC.
Seamless Wrapping and Unwrapping
Crypto.com manages the wrapping process and keeps the underlying BTC in a dedicated reserve wallet.
Fast Speeds, Low Fees
Enjoy potentially faster speeds and lower fees compared to traditional BTC transactions.3
Held by a Trusted Custodian
Underlying BTC is held under Crypto.com’s audited custody solution and is set to always exceed CDCBTC’s supply.
1
Crypto.com Wrapped Bitcoin is subject to jurisdiction restrictions.
2
Crypto.com makes no guarantees or representations as to which DeFi platforms may or may not enable usage of CDCBTC.
3
Transaction processing time and fees are determined by the underlying blockchain network on which the CDCBTC is wrapped.