Chain-Key (CK) tokens are created using ICP’s cryptographic protocols, enabling secure cross-chain use without intermediaries. Each CK token is backed 1:1 by its original asset, held entirely onchain with no intermediaries.
ckBTC is the Bitcoin representation on the Internet Computer. While ckBTC and OdinBTC are technically different, they share many underlying mechanics. To get OdinBTC using native BTC, you must first convert it into ckBTC.
Here’s how to mint ckBTC:
Make sure you have a positive BTC balance. The minimum amount to mint ckBTC is around $15 (this may vary slightly).
Open Plug and tap the DeFi Hub (second tab at the bottom).
Tap Mint CK.
Select BTC and enter the amount you want to convert.
Tap Deposit, then wait for the transaction to validate.
Minting takes about 20 minutes. During this time, your BTC deposit will appear as “pending” in the Activity tab while it’s processed by the protocol.
After 20 minutes, return to the Mint CK page and tap Update ckBTC balance.
You should now see ckBTC in your token list with the correct balance.