Avalanche Bridged WBTC is a variant of WBTC accessible on the Avalanche network. It allows users to hold and transact with Wrapped BTC on the Avalanche C-Chain, offering faster and more cost-effective transactions.
Avalanche, introduced in September 2020, is a layer-1 decentralized, open-source proof-of-stake blockchain designed for decentralized applications, custom blockchain networks, and smart contracts. Its native cryptocurrency is AVAX.
Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain, backed 1:1 by Bitcoin.
The contract address is: 0x50b7545627a5162f82a992c33b87adc75187b218
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