After our listing of Wrapped Bitcoin (WBTC) last week, we’re excited to announce a new swap feature for wBTC today! Starting now, Poloniex customers can use our new Swap feature to exchange their Bitcoin to WBTC and WBTC to BTC at a 1:1 ratio directly from within their Poloniex Wallet.
From now until January 4, 2021 at 17:00 UTC we’re providing zero fees on all BTC and WBTC swaps! To swap, visit your Poloniex wallet and select either WBTC or BTC. In the sidebar, you’ll see a Swap button that will allow you to convert your balance of BTC into WBTC, or vice versa. On Poloniex, you will always be able to redeem WBTC 1:1 to the value of BTC. On top of our Swap feature, you can check out our brand-new WBTC/USDT and WBTC/BTC markets, too.
You can learn more about wBTC and how to use our Swap feature on our Help Center.