
Unibit UIBTPrice N/A
UIBT Price
General Info
Contracts/Explorers:
Arbitrum
Unibit (UIBT) Chart
KOL
5 Apr 2024 — 6 Apr 2024
Raised
$ 95.00K
Price:
$ 0.0075
Tokens For Sale:
12,666,667
Platform:
N/A
ATH ROI:
4.41x +341.4%










What is Unibit (UIBT)?
UniBit is a dual-sided bridge, enhancing token transfer fluidity between Bitcoin and EVM chains, unlike traditional unidirectional bridges. This two-way architecture allows seamless asset movement in both directions. It ensures security through a meticulous minting and burning process: BRC20 tokens are verified and secured before minting equivalent tokens on the EVM chain, and withdrawals involve burning EVM tokens and securely transferring the equivalent value back to Bitcoin. This secure framework minimizes hacking risks. UniBit's bridge fosters collaboration between Bitcoin and EVM ecosystems, expanding the utility and reach of BRC20 and ERC20 tokens.
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