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Coinbase Wrapped BTC (cbBTC)

Solana SPL Token

Coinbase Wrapped BTC ($cbBTC) is a Solana SPL token with contract address cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij. This token has a total supply of 4,416.967 tokens with 8 decimals. Before investing in Coinbase Wrapped BTC, check the safety analysis below to verify if the freeze authority and mint authority have been revoked.

About Coinbase Wrapped BTC

Coinbase Wrapped BTC ("cbBTC") is an SPL token that is backed 1:1 by Bitcoin (BTC) held by Coinbase. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility.

Token Details

Name

Coinbase Wrapped BTC

Symbol

cbBTC

Total Supply

4,416.967

Decimals

8

Token Contract Address

cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij

Is Coinbase Wrapped BTC Safe? Token Risk Analysis

Check if Coinbase Wrapped BTC ($cbBTC) is a legitimate token or potential scam. Review the authority status below to assess rug pull risks.

Freeze Authority

Still enabled

Mint Authority

Still enabled

Metadata

Mutable

What do these risk indicators mean?

Freeze Authority

If freeze authority is still enabled, the token creator can freeze your tokens at any time, preventing you from selling or transferring them. A revoked freeze authority means your tokens cannot be frozen.

Mint Authority

If mint authority is still enabled, the token creator can mint unlimited new tokens, diluting your holdings and potentially crashing the price. A revoked mint authority ensures a fixed supply.

Metadata Mutability

If metadata is mutable, the token creator can change the token's name, symbol, or image at any time. Immutable metadata cannot be changed, providing more transparency.

Frequently Asked Questions about Coinbase Wrapped BTC

What is the Coinbase Wrapped BTC contract address?

The Coinbase Wrapped BTC ($cbBTC) token contract address on Solana is cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij. Always verify this address before making any transactions to avoid scams.

Is Coinbase Wrapped BTC safe to buy?

To determine if Coinbase Wrapped BTC is safe, check the risk analysis above. Key safety indicators include: Freeze Authority (Still enabled), Mint Authority (Still enabled), and Metadata (Mutable). Tokens with revoked authorities are generally considered safer.

How can I verify Coinbase Wrapped BTC is legitimate?

To verify Coinbase Wrapped BTC is legit:

  1. Check if freeze and mint authorities are revoked
  2. Verify the contract address matches official sources
  3. Review the token on Solscan
  4. Research the project's team and community

What is the total supply of Coinbase Wrapped BTC?

Coinbase Wrapped BTC ($cbBTC) has a total supply of 4,416.967 tokens with 8 decimal places. The mint authority is currently Still enabled, which means new tokens can still be minted by the creator.

Where can I buy Coinbase Wrapped BTC?

Coinbase Wrapped BTC ($cbBTC) can be traded on Solana decentralized exchanges (DEX) like Jupiter, Raydium, or Orca. Use the contract address above to find the correct trading pair. Always double-check the token address to avoid fake tokens.