Convert Based ETH BSDETH to Wrapped Bitcoin WBTC
1 BSDETH converts to 0.02879 WBTC
About BSDETH and WBTC
Based ETH is climbing, while Wrapped Bitcoin is falling this week. The current BSDETH to WBTC conversion rate is 0.02879. Inversely, this means that if you convert 1 WBTC you will get 34.73 BSDETH. The conversion rate of BSDETH/WBTC has increased by 0% in the last hour (WBTC/BSDETH decreased by 0%). In the last 24 hours, BSDETH/WBTC grew by 0.72%, while WBTC/BSDETH shrunk by the same amount.
The exchange rate of Based ETH is increasing. The current value of 1 BSDETH is 0.02879 WBTC. In other words, to buy 5 Based ETH, it would cost you 0.14396 WBTC. Inversely, 1 WBTC would allow you to trade for 34.73 BSDETH while 50 WBTC would convert to 1,736.54 BSDETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.83%. Meanwhile, in the last 24 hours, the rate has changed by 0.88%, and that the highest exchange rate of 1 BSDETH to WBTC was 0.02908 WBTC and the lowest 24 hour value was 1 BSDETH for 0.02841 WBTC. Last month, 1 BSDETH was worth 0.03098 WBTC. Today, it's down 7.6%. Looking back a year, Based ETH has changed by 0.02634 WBTC. That means that in a single year, the value of Based ETH has grown by 8.53%.
Based ETH Market Stats
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification. About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
BSDETH to WBTC values from Today at 3:59 pm
0.5 BSDETH = 0.0144 WBTC |
1 BSDETH = 0.02879 WBTC |
5 BSDETH = 0.144 WBTC |
10 BSDETH = 0.2879 WBTC |
50 BSDETH = 1.44 WBTC |
100 BSDETH = 2.88 WBTC |
500 BSDETH = 14.40 WBTC |
1,000 BSDETH = 28.79 WBTC |
WBTC to BSDETH values from Today at 3:58 pm
0.5 WBTC = 17.37 BSDETH |
1 WBTC = 34.73 BSDETH |
5 WBTC = 173.65 BSDETH |
10 WBTC = 347.31 BSDETH |
50 WBTC = 1,736.54 BSDETH |
100 WBTC = 3,473.09 BSDETH |
500 WBTC = 17,365.44 BSDETH |
1,000 WBTC = 34,730.89 BSDETH |
BSDETH to WBTC over time
BSDETH | Today | 24H 0.88% | 1M -7.60% | 1Y 8.53% |
|---|---|---|---|---|
0.5 BSDETH | 0.0144 WBTC | 0.01427 WBTC | 0.01549 WBTC | 0.01317 WBTC |
1 BSDETH | 0.02879 WBTC | 0.02854 WBTC | 0.03098 WBTC | 0.02634 WBTC |
5 BSDETH | 0.144 WBTC | 0.1427 WBTC | 0.1549 WBTC | 0.1317 WBTC |
10 BSDETH | 0.2879 WBTC | 0.2854 WBTC | 0.3098 WBTC | 0.2634 WBTC |
50 BSDETH | 1.44 WBTC | 1.43 WBTC | 1.55 WBTC | 1.32 WBTC |
100 BSDETH | 2.88 WBTC | 2.85 WBTC | 3.10 WBTC | 2.63 WBTC |
500 BSDETH | 14.40 WBTC | 14.27 WBTC | 15.49 WBTC | 13.17 WBTC |
1,000 BSDETH | 28.79 WBTC | 28.54 WBTC | 30.98 WBTC | 26.34 WBTC |
Frequently asked questions
Right now, 1 Based ETH is worth about $1,760.50.
Based on the current rate, you could get 0.000568 BSDETH for 1 USD.
Based ETH price has been declining. Since yesterday, the exchange rate of Based ETH has decreased. Since last month, the exchange rate of Based ETH has decreased. Since this time last year, the price of Based ETH has decreased.
You can use our BSDETH to USD calculator at the top of this page to convert any amount of BSDETH to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00284 BSDETH. Inversely, 5 BSDETH will cost about $8,802.52
Based ETH can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Based ETH.
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