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Kraken Wrapped Bitcoin·KBTC·Ethereum
Kraken Wrapped Bitcoin (KBTC) · Ethereum · on-chain safety read, grade B (80/100)
Data snapshot: 2026-09-16 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice
BB · see the safety checks › Swap KBTC safely →KBTC price and market data
Official links
ExplorerLive candle chart for the most active tracked pool.
Trade KBTC
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KBTC to USD converter
Global KBTC prices
NexFlow score: higher = safer (0–100)
- contract-level controls not assessed in this snapshot — verify with a live scan
- liquidity depth is healthy liquidity locks
Re-scan KBTC live before you trade
On-chain state changes — verify the current read, then swap non-custodially if it clears.
What the data says about KBTC
KBTC is Kraken's wrapped Bitcoin — the exchange's entry into the custodial-BTC field that BitGo's WBTC defined and Coinbase's cbBTC made a two-horse race. The deployment 0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 is the Ethereum mint; our September 14, 2026 snapshot reads $37 million of tracked pool liquidity — real but thin against the incumbents' billions.
The honest framing is custody-shaped: a wrapped BTC is a claim on whoever holds the underlying coins, so Kraken's operational record and regulatory posture are the actual asset backing this token — same trust model as WBTC and cbBTC, different custodian. The spread between this read and the leaders' depth is the market's verdict on how much of that custody people want exposure to on-chain versus at the exchange itself.
Figures are NexFlow's read dated September 14, 2026; the live scan refreshes them.
Contract
0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98
Verify KBTC by this address, never by name or ticker.
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<a href="https://nexflowscan.com/token/ethereum/kbtc/" target="_blank" rel="noopener"><img src="https://nexflowscan.com/api/badge/ethereum/0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98.svg" alt="KBTC safety grade B on NexFlow"></a><iframe src="https://nexflowscan.com/embed/badge/ethereum/0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98" width="380" height="62" style="border:0" loading="lazy" title="KBTC safety grade — NexFlow"></iframe>[](https://nexflowscan.com/token/ethereum/kbtc/)FAQ
Is KBTC a safe token?
As of the 2026-09-14 snapshot, KBTC scores 80/100 (grade B) on NexFlow's on-chain read — based on its unconfirmed mint authority, unconfirmed freeze authority, liquidity of $36.54M. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell KBTC, or is it a honeypot?
Our Ethereum read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-09-14. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of KBTC?
Per-wallet distribution for KBTC wasn't resolved in the 2026-09-14 snapshot. Run the live scan, which reads holder concentration directly from the chain.
Can KBTC's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Ethereum aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the KBTC contract address?
The KBTC contract address on Ethereum is 0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy KBTC safely?
Run the live on-chain scan at the top of this page first; if KBTC clears, you can swap it here directly. Whatever venue you use, match the contract address (0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
