sBTC Wallet
Manage sBTC and other Stacks-based tokens using a secure, user-friendly sBTC wallet available on Android, iOS, and Chrome.
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Xverse - The Best Wallet for sBTC
Xverse is the Bitcoin wallet for everyone, designed to cater to Bitcoin’s burgeoning Web3 ecosystem that incorporates assets and applications built on Bitcoin Layer and Layer 2.
Whether you want to participate in Bitcoin staking, lending, borrowing, bridging, or swapping across chains, Xverse is your go-to gateway to DeFi on Bitcoin.
As a leading sBTC wallet, you can use Xverse to securely mint, store, send, receive, deploy, and earn yield on sBTC in the Stacks ecosystem.
What is sBTC?
sBTC (Stacks Bitcoin) is a non-custodial, programmable asset on the Stacks network, backed 1:1 backed by BTC, enabling bitcoin to move between Bitcoin Layer 1 and Layer 2 in a trustless manner.
Made possible by the Stacks Nakamoto upgrade, sBTC leverages smart contracts rather than custodians to move BTC from the main layer onto Bitcoin layers like Stacks, where it can be used for a range of new use cases in the Bitcoin DeFi ecosystem.
Securely Store Your sBTC in a Non-Custodial Wallet
As a self-custody wallet, Xverse gives you full control and ownership of your BTC, sBTC, and any other token you hold. Only you can access your private keys, so your digital assets are safe.
What’s more, you can connect your Xverse wallet to your Ledger to enhance the security of your Bitcoin assets by placing them in cold storage.
Seamlessly Mint and Earn sBTC Rewards
Xverse lets you mint and earn yield on your sBTC with just a few clicks.
Visit the Bitcoin bridge on Stacks and connect your Xverse wallet to mint sBTC. After minting your sBTC, head over to bitcoinismore.org and connect your wallet. Finally, tap the button labeled ‘Earn Rewards’ and enroll in the rewards program.
You can earn 5% yield on your Bitcoin, and this amount will be paid out in sBTC.
Note that sBTC’s initial mint cap of 1,000 BTC has already been reached. The mint cap was set for the first phase of rolling out sBTC and exists to provide a controlled testing environment for the sBTC rewards program that allows early participants to earn yield on their locked BTC. However, the mint cap will gradually increase over time.
Xverse - Your Gateway to sBTC and BitcoinFi on Stacks
Xverse bridges the gap between Bitcoin Layer 1 and Layer 2 with the integration of Bitcoin layers, such as Stacks, Mezo, and Bitlayer, and by supporting Bitcoin-backed assets such as sBTC on Stacks.
Using Xverse, you can seamlessly mint, earn a yield, or deploy sBTC in the thriving BitcoinFi ecosystem built on Stacks.
Download Xverse to start minting and deploying sBTC today.
Frequently Asked Questions
What is an sBTC wallet?
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An sBTC wallet is a Bitcoin wallet that lets you mint, store, send, receive, and bridge sBTC, a crypto asset on the Bitcoin Layer, Stacks. sBTC is backed by BTC at a 1:1 ratio, designed to unlock more DeFi opportunities in the Bitcoin ecosystem.
As the market-leading Bitcoin Web3 wallet, Xverse allows you to securely store and manage all your Bitcoin Layer 1 assets, like Ordinals, Rare Sats, and Runes, and Layer 2 assets, like sBTC on Stacks. The Xverse app is available on iOS and Android and as a Chrome extension.
How can I set up an sBTC wallet?
Setting up an sBTC wallet is simple and hassle-free. Download the wallet application on your mobile phone or the browser extension on your desktop. Then, fire up the wallet and tap on the ‘Create a new wallet’ button, back up your seed phrase by noting it down, and fund your wallet with Bitcoin (BTC) by purchasing directly within the wallet or transferring from another wallet or exchange.
After topping up your wallet with BTC, visit the sBTC bridge and lock your BTC to mint sBTC, which will be directly transferred to your wallet. That’s all! The process is simple, straightforward, and takes only a few minutes.
Note that sBTC’s initial mint cap of 1,000 BTC has already been reached. The mint cap is part of the first phase of rolling out sBTC and aims to ensure that the sBTC rewards program runs in a controlled testing environment. However, the mint cap will gradually increase over time.
What is the difference between sBTC and STX?
sBTC is a token built on the Stacks Bitcoin Layer and backed by BTC at a 1:1 ratio. Its aim is to enable more economic opportunities in the Bitcoin ecosystem by facilitating the movement of BTC from the Bitcoin core layer to other Layer 2 networks.
On the other hand, STX is the native token of the Stacks Bitcoin Layer, and it aims to reward miners and allow its holders to accumulate BTC through a process called stacking. STX can also be deployed in a range of DeFi protocols built on Stacks.
How can I download an sBTC wallet?
You can easily download a wallet that supports sBTC (like Xverse) by visiting its official website and clicking the download page. There, you’ll choose between the mobile app version or the browser extension. The mobile app is available for iOS and Android. It will take just a few clicks to download and install the Xverse sBTC wallet.
