Verified Bitcoin (vBTC)

Overview

vBTC is a decentralized Bitcoin token with enhanced functionality, including:

• A 1:1 peg to BTC.
• Near-zero transaction fees.
• Full self-custodial control.

Getting Started

1. Minting vBTC:
   • Send BTC to the deposit address provided in the Switchblade.
   • The equivalent vBTC is minted and added to your wallet.
2. Transferring vBTC:
   • Instantly send vBTC to any compatible address.
   • Transactions are executed with minimal fees.
3. Withdrawing BTC:
   • Use the one-click withdrawal feature to redeem vBTC for BTC.
   • Funds settle directly on the Bitcoin layer.

Store vBTC in Vault Accounts for added security, benefiting from time-lock and recovery features.

vBTC Flow Diagram

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