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Questions tagged [tokenized bitcoin]

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Carlo Carlo Sat Sep 21 2024 | 5 answers 1350

What is the purpose of tokenized Bitcoin on Ethereum?

Could you please elaborate on the purpose of tokenized Bitcoin on Ethereum? I'm curious to understand how this concept works and what benefits it brings to the cryptocurrency ecosystem. Are there any specific use cases or advantages that make it an attractive option for investors and traders? Additionally, how does the process of tokenizing Bitcoin on Ethereum differ from simply owning and trading Bitcoin on its native blockchain?

What is the purpose of tokenized Bitcoin on Ethereum?

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