tzBTC to USD price info



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What is tzBTC (TZBTC)

tzBTC is a token on the Tezos blockchain backed 1-1 by Bitcoin (BTC). Parity is ensured by a distributed group of keyholders and an independent third-party auditor. In short, the value of tzBTC aims to represent the value of BTC. Compared to WBTC on Ethereum, tzBTC is cheaper in usage due to lower transaction fees in Tezos blockchain. Moreover The Bitcoin Association Switzerland serves tzBTC as a third-party overseer and mediator to uphold the integrity of the keyholders, creating a more robust, albeit still trusted, checks-and-balances system.

Download Atomex Wallet

Atomex is a non-custodial multicurrency HD wallet. Audited and available on multiple platforms.