# Wrapped Bitcoin

## Definition

Wrapped Bitcoin is a token representation of bitcoin on a non-Bitcoin blockchain, commonly used so BTC-linked value can participate in smart-contract ecosystems.

## What it means in practice

Different wrapped-BTC implementations can use different custodians, bridges or collateral mechanisms and are not native BTC on the Bitcoin network.

## How this concept appears in Terenval Wallet

In Terenval, native BTC and an EVM-based wrapped-BTC token should be treated as assets on different networks with different transfer rules.

**Important:** Never send native BTC directly to a token contract address merely because the token ticker contains BTC.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Wrapped token](https://wallet.terenval.com/glossary/wrapped-token/)
- [bitcoin](https://wallet.terenval.com/glossary/bitcoin/)
- [btc](https://wallet.terenval.com/glossary/btc/)
- [erc 20](https://wallet.terenval.com/glossary/erc-20/)
- [bridge](https://wallet.terenval.com/glossary/bridge/)
- [wrong network transfer](https://wallet.terenval.com/glossary/wrong-network-transfer/)

## Related Terenval Answers

- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)

## Sources

- https://ethereum.org/en/developers/docs/standards/tokens/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/wrapped-bitcoin/