HomeSell CryptoWrapped Bitcoin
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Sell
Wrapped Bitcoin

Cash out of Wrapped Bitcoin with flexible funding options

WBTC icon

Sell
Wrapped Bitcoin

Cash out of Wrapped Bitcoin with flexible funding options

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Get the Kraken app

How to sell Wrapped Bitcoin in Canada

1

Create your free Kraken account

Verify your details to get started

2

Send WBTC to your Kraken account

Deposit WBTC in your secure Kraken account

3

Sell Wrapped Bitcoin instantly

Enjoy ultra-fast WBTC transactions & withdraws

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Kraken

In the past 24 hours, Kraken clients traded - WBTC worth -.

Why sell Wrapped Bitcoin with Kraken in Canada?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Transactions are instant

Instant transactions & withdrawals

Flexible funding options

Flexible withdrawal options

Kraken level security

World-class
security

Take advantage of our flexible payment options to sell Wrapped Bitcoin using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

About Wrapped Bitcoin

A tokenized version of Bitcoin on the Ethereum blockchain, WBTC allows BTC holders to access decentralized finance (DeFi) applications. Fully backed 1:1 by Bitcoin, WBTC enables fast, secure transactions and interoperability with Ethereum-based protocols.

What can you do with Wrapped Bitcoin?

Before you sell your Wrapped Bitcoin, learn more about the different ways you can put your Wrapped Bitcoin to work with Kraken.

Stake

Earn Wrapped Bitcoin rewards

See if you can earn rewards

Trade for NFTs

Trade Wrapped Bitcoin for NFTs

Collect & trade NFTs

Margin Trade

Predict Wrapped Bitcoin price

Use our Wrapped Bitcoin price prediction tool

Swap Wrapped Bitcoin for other assets

Explore the most popular Wrapped Bitcoin trading pairs on Kraken before you swap Wrapped Bitcoin for cash, stablecoins or other digital assets.

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Wrapped Bitcoin FAQ

Can I sell Wrapped Bitcoin for USD?

Yes, you can buy and sell Wrapped Bitcoin using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Wrapped Bitcoin.

How do I convert Wrapped Bitcoin to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Wrapped Bitcoin. Once you convert your Wrapped Bitcoin to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Wrapped Bitcoin taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Wrapped Bitcoin worth right now in USD?

At the current Wrapped Bitcoin price, one WBTC is worth $106,629.00. Kraken makes it easy to sell Wrapped Bitcoin for USD in minutes.

How do I get my money after selling Wrapped Bitcoin?

After you sell your Wrapped Bitcoin using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Wrapped Bitcoin instantly?

Yes, it only takes a few moments to sell or buy Wrapped Bitcoin after you connect your funding method.

Learn more about Wrapped Bitcoin

Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.

Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Wrapped Bitcoin.

A Wrapped Bitcoin ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Wrapped Bitcoin and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.

While you can use a variety of different methods to sell your Wrapped Bitcoin, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Wrapped Bitcoin.

Deciding when to sell Wrapped Bitcoin depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

Browse more crypto selling guides

With so many assets to choose from, deciding which crypto to sell can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at our most popular guides below.

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Tether (USDT) reserves consist of cash and cash equivalents and other short term deposits, amongst other assets as disclosed by Tether, with the aim to maintain a price of 1 USD per USDT.

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Cardano (ADA) ​​is powered by Ouroboros, a protocol that its proponents claim has improved upon security, scalability and energy efficiency versus other proof-of-work predecessors, like Bitcoin.

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Dogecoin (DOGE) is a cryptocurrency focused on developing a strong community that features widespread recognition and a sense of humor.

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Kraken lets you trade hundreds of cryptocurrencies beyond Wrapped Bitcoin. Check out some of the top trading pairs on Kraken today.

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