Item: MBTC
Rating: 3.00

Related information

Issue Time

2021-06-04

Platform pertained to

Current price

0.00

Market Cap

$0.00USD

Volume of Transaction

24h

$0.00USD

Circulating supply

0.00MBTC

Volume of Transaction

$0.00USD

Change

24h

-9.68%

Number of Markets

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WikiBit Risk Alerts

Previous Detection 2024-09-19

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

MBTC Price Chart

Introduction

Markets

-8.03%

-9.68%

+21%

+5.18%

-40.83%

All

-27.05%

The Mirror Bitcoin (MBTC) is a synthetic asset provided by the Mirror Protocol. The Mirror Protocol is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of fungible assets, “synthetics”, that track the price of real world assets. Mirror synthetics are intended to be used as key building blocks in smart contracts, and to bring the world's assets to the blockchain. The MBTC synthetic token is designed to mirror the value of Bitcoin, providing exposure to the price of Bitcoin on the Ethereum and Terra blockchains without the need of owning Bitcoin itself. As a result, investors can benefit from Bitcoin's price movements without having to hold the actual asset. However, like all investments, investing in MBTC comes with risk. Detailed research and consultation with a financial advisor is advisable.

User Reviews

7 ratings

Participate in evaluation

Calvin Su

The audit reports on security for this cryptocurrency lack thoroughness and transparency, raising concerns about its vulnerability. Emotional and concerning portrayal of security weaknesses, with room for improvement.

2024-07-13 15:33

Lotfi Saidani

The hype surrounding the bonus content lacks substance and fails to deliver on its promises, leaving investors disappointed and skeptical about its potential.

2024-07-09 17:50

Omar Ouedraogo

The team's reputation within the community is solid, with a proven track record and transparent communication. They have garnered trust and support, showcasing strong experience and credibility.

2024-07-30 16:36

Srisamai Kittipong

The team behind this blockchain project has a solid reputation and track record, but there are concerns about security and regulatory issues. The community is engaged and supportive, but there is room for improvement in terms of practical applications and market demand. Overall, there is potential for growth but competition and volatility are key factors to consider.

2024-07-15 10:46

TsEnALvIn

The volatility of this cryptocurrency is a rollercoaster ride, with potential for high rewards but also significant risks. Be prepared for a wild journey!

2024-03-04 12:27

Andy51119

The project shows great potential in terms of scalability, consensus mechanism, and anonymity. The team's experience, reputation, and transparency are highly commendable. Community engagement and developer support are also strong. The tokenomics and security measures are robust, with a solid foundation for long-term success. Overall, a promising investment with positive market demand and regulatory outlook.

2024-05-07 12:39

Edmund Ng

Strong team with proven experience, transparent track record, and solid reputation. Active community engagement and developer support. Potential for long-term success and growth.

2024-04-16 11:02