The current real-time price of GWBTC is $84,965. In the past 24 hours, GWBTC has traded between $84,383 and $90,163, showing strong market activity. The all-time high of GWBTC is $126.206K, and the all-time low is $15,612.91.
From a short-term perspective, the price change of GWBTC over the past 1 hour is , over the past 24 hours is -0.02%, and over the past 7 days is -4.88%. These figures provide a quick overview of the latest price trends and market dynamics of GWBTC on LBank.-5.41%
The live price of GWBTC today is $84,965, with a current market cap of $0. The 24-hour trading volume is --. The price of GWBTC to USD is updated in real time.
Before deciding whether to buy or sell GWBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s GWBTC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for GWBTC.
How much will GWBTC be worth tomorrow, next week, or next month in ? What about your GWBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! GWBTC Price Prediction
To learn more about GWBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
Geist WBTC (gWBTC) is a digital token linked to the Geist Finance lending protocol. It represents Wrapped Bitcoin within that ecosystem, allowing users to interact with DeFi services on the platform using a BTC-pegged asset. Understanding gWBTC involves recognizing its connection to Geist Finance and its role in decentralized finance.
Geist WBTC can be acquired and sold on various cryptocurrency exchanges. This typically involves registering on a platform like LBank, completing any required identity verification, depositing funds, and then placing an order to buy or sell gWBTC. The process is similar to trading other digital assets, offering flexibility for users.
The primary applications for Geist WBTC include engaging in arbitrage trading, which takes advantage of its price fluctuations. Additionally, users can pursue yield-earning opportunities by participating in lending or other "Earn" programs available on various platforms. These uses leverage its nature as a digital asset within the broader decentralized finance landscape.
The Multichain exploit in July 2023 was a critical event for Geist Finance, leading to its permanent shutdown. The protocol suffered substantial losses because Chainlink oracles reported higher values for "real" assets compared to their devalued Multichain derivatives. This disparity created a situation where Geist could not reopen without incurring significant unrecoverable debt for users holding non-Multichain coins, fundamentally impacting its operations and the gWBTC asset.
Yes, Geist WBTC can be utilized for staking to generate passive income. Various platforms offer opportunities to stake gWBTC, sometimes providing boosted Annual Percentage Yields (APYs) and specialized tools to help optimize potential returns. Staking allows holders to contribute to network security or liquidity while earning rewards.
Web3 represents a decentralized, trustless, and user-owned internet, built upon blockchain technology. In contrast, Web2 is characterized by centralized control where large tech companies manage user data and services. Web3 shifts power from corporations to users, emphasizing transparency, security, and direct participation without intermediaries, forming the foundation for assets like gWBTC.
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