wBIND is a wrapped ERC20 token that lets you use your [BIND](https://www.cryptocompare.com/coins/bind/overview) freely within Ethereum's ecosystem. The smart contract is based on Wrapped Bitcoin (WBTC), an audited ERC20 token that has supported the #1 bridge between Bitcoin and Ethereum for several years. wBIND introduces many new features, and is the first bridge providing interoperability between Compendia and Ethereum. You can easily swap between BIND and wBIND in the new DeFi Panel on the web wallet. Swapping from wBIND to BIND takes between 6 and 10 minutes: 48 confirmations on Compendia for your deposit, and 1 confirmation on Ethereum for the swap. Swapping from BIND to wBIND takes 12 confirmations for the wBIND deposit, and 1 confirmation on Compendia for the swap.
