Convert Crypto.com Wrapped BTC CDCBTC to Nicaraguan Córdoba NIO
CDCBTC to NIO: 1 Crypto.com Wrapped BTC converts to NIO 2,332,478.85 NIO as of June 12 at 8:03 AM
Crypto.com Wrapped BTC (CDCBTC) is not tradable on Coinbase.
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About Crypto.com Wrapped BTC
Crypto.com Wrapped BTC is climbing this week. The current price of Crypto.com Wrapped BTC is NIO 2,332,478.85 per CDCBTC. With a circulating supply of 173 CDCBTC, it means that Crypto.com Wrapped BTC has a total market cap of NIO 402,753,634.66. The amount of Crypto.com Wrapped BTC traded has risen by NIO 66,083.24 in the last 24 hours, which is a 37.04% increase. Additionally, in the last day, NIO 178,426.65 worth of CDCBTC has been traded.
The exchange rate of Crypto.com Wrapped BTC is increasing. The current value of 1 CDCBTC is NIO 2,332,478.85 NIO. In other words, to buy 5 Crypto.com Wrapped BTC, it would cost you NIO 11,662,394.27 NIO. Inversely, NIO 1.00 NIO would allow you to trade for 0.0000004287 CDCBTC while NIO 50.00 NIO would convert to 0.00002144 CDCBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.35%. Meanwhile, in the last 24 hours, the rate has changed by 1.63%, which means that the highest exchange rate of 1 CDCBTC to NIO was NIO 2,344,953.80 NIO and the lowest 24 hour value was 1 CDCBTC for NIO 2,291,031.49 NIO. Last month, 1 CDCBTC was worth NIO 2,972,588.99 NIO. Today, it's down 21.29%. Looking back a year, Crypto.com Wrapped BTC has changed by NIO 3,894,423.63 NIO. That means that in a single year, the value of Crypto.com Wrapped BTC has shrank by 39.88%.
Crypto.com Wrapped BTC Market Stats
What is CDCBTC? Crypto.com Wrapped BTC (CDCBTC) is a token backed 1:1 by native BTC in Crypto.com’s custody, with the underlying BTC held in Crypto.com’s cold storage. CDCBTC allows bitcoin holders to access decentralised finance (DeFi) applications on chain. Eligible Crypto.com users can obtain CDCBTC by withdrawing their native BTC from the platform to a supported non-BTC chain and swap CDCBTC for native BTC by depositing CDCBTC into their Crypto.com wallet. The Case for CDCBTC Bitcoin’s DeFi utilities on its native chain are limited because of a lack of smart contract functionality and compatibility with other chains. Several wrapped BTC products have been created to address this problem, but many fail to sufficiently mitigate counterparty and security risks. CDCBTC aims to enable token holders to unlock BTC’s DeFi capabilities across multiple chains: on-chain trading, collateralised borrowing, yield farming, restaking, and more. This will be done by offering a seamless and secure way to wrap and unwrap native BTC through the Crypto.com platform to multiple supported chains while addressing security issues by having the underlying BTC held in Crypto.com’s SOC 2 Type II compliant custodial solution. CDCBTC will be initially made available on Cronos Chain. Wrap and Unwrap of CDCBTC CDCBTC represents the underlying native BTC-backed 1:1 in Crypto.com’s custody. Mint/burn thresholds are set to ensure the underlying BTC backing CDCBTC is always larger than or equal to the circulating supply of CDCBTC. The exchange process between CDCBTC and BTC is as follows: Wrap: When users initiate a BTC withdrawal to a supported chain, they will receive CDCBTC in their destination wallet. Crypto.com will manage the minting/wrapping operation on the backend - native BTC will be moved to a dedicated BTC reserve wallet backing CDCBTC before new quantities of CDCBTC are minted on a 1:1 basis. Unwrap: When users initiate a CDCBTC deposit into their Crypto.com account, the CDCBTC is automatically unwrapped and they will receive native BTC from the dedicated BTC reserve wallet, available for trading or other use cases on the platform. Custody, Transparency, and Security The underlying BTC is held 1:1 via Crypto.com’s in-house Multiparty Computation (MPC) custody solution that has undergone SOC 2 (Service Organisation Control) Type II assessment by an independent auditor. It is an assurance through an independent auditor validating and auditing security controls and processes, focusing on the following aspects: Security, Availability, Processing Integrity, and Confidentiality. Guided by the SOC 2 Type II standards, the custody solution was designed to ensure that the security controls in place protect the solution itself from unauthorised access (system abuse, theft, fraud, etc.), unauthorised removal of data, misuse of software, and improper alteration or disclosure of information. Crypto.com has engaged SlowMist for CDCBTC’s smart contracts auditing. No critical vulnerabilities have been identified.
Conversion tables
CDCBTC to NIO values from Today at 8:03 am
0.5 CDCBTC = NIO 1,166,239.43 NIO |
1 CDCBTC = NIO 2,332,478.85 NIO |
5 CDCBTC = NIO 11,662,394.27 NIO |
10 CDCBTC = NIO 23,324,788.54 NIO |
50 CDCBTC = NIO 116,623,942.69 NIO |
100 CDCBTC = NIO 233,247,885.37 NIO |
500 CDCBTC = NIO 1,166,239,426.86 NIO |
1,000 CDCBTC = NIO 2,332,478,853.73 NIO |
NIO to CDCBTC values from Today at
NIO 0.50 NIO = 0.0000002144 CDCBTC |
NIO 1.00 NIO = 0.0000004287 CDCBTC |
NIO 5.00 NIO = 0.000002144 CDCBTC |
NIO 10.00 NIO = 0.000004287 CDCBTC |
NIO 50.00 NIO = 0.00002144 CDCBTC |
NIO 100.00 NIO = 0.00004287 CDCBTC |
NIO 500.00 NIO = 0.0002144 CDCBTC |
NIO 1,000.00 NIO = 0.0004287 CDCBTC |
CDCBTC to NIO over time
CDCBTC | Today | 24H 1.11% | 1M -27.44% | 1Y -66.97% |
|---|---|---|---|---|
0.5 CDCBTC | NIO 1,166,239.43 NIO | NIO 1,153,304.76 NIO | NIO 1,486,294.50 NIO | NIO 1,947,211.82 NIO |
1 CDCBTC | NIO 2,332,478.85 NIO | NIO 2,306,609.52 NIO | NIO 2,972,588.99 NIO | NIO 3,894,423.63 NIO |
5 CDCBTC | NIO 11,662,394.27 NIO | NIO 11,533,047.58 NIO | NIO 14,862,944.95 NIO | NIO 19,472,118.16 NIO |
10 CDCBTC | NIO 23,324,788.54 NIO | NIO 23,066,095.16 NIO | NIO 29,725,889.91 NIO | NIO 38,944,236.32 NIO |
50 CDCBTC | NIO 116,623,942.69 NIO | NIO 115,330,475.81 NIO | NIO 148,629,449.54 NIO | NIO 194,721,181.62 NIO |
100 CDCBTC | NIO 233,247,885.37 NIO | NIO 230,660,951.62 NIO | NIO 297,258,899.07 NIO | NIO 389,442,363.25 NIO |
500 CDCBTC | NIO 1,166,239,426.86 NIO | NIO 1,153,304,758.09 NIO | NIO 1,486,294,495.36 NIO | NIO 1,947,211,816.23 NIO |
1,000 CDCBTC | NIO 2,332,478,853.73 NIO | NIO 2,306,609,516.18 NIO | NIO 2,972,588,990.72 NIO | NIO 3,894,423,632.45 NIO |
Frequently asked questions
Right now, 1 Crypto.com Wrapped BTC is worth about NIO 2,332,478.85.
Based on the current rate, you could get 0.0000004287 CDCBTC for 1 NIO.
Crypto.com Wrapped BTC price has been on the rise. Since yesterday, the exchange rate of Crypto.com Wrapped BTC has increased. Since last month, the exchange rate of Crypto.com Wrapped BTC has decreased. Since this time last year, the price of Crypto.com Wrapped BTC has decreased.
You can use our CDCBTC to NIO calculator at the top of this page to convert any amount of CDCBTC to NIO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NIO is equivalent to 0.000002144 CDCBTC. Inversely, 5 CDCBTC will cost about NIO 11,662,394.27
Crypto.com Wrapped BTC is not currently available through Coinbase, but you can sign up to get the latest news on Crypto.com Wrapped BTC and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Crypto.com Wrapped BTC, including Okcash, LocalCoinSwap, and EncrypGen. For a more robust list of assets to explore, jump to the asset page dedicated to Crypto.com Wrapped BTC.
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