Convert Crypto.com Wrapped BTC CDCBTC to Salvadoran Colón SVC
1 CDCBTC converts to SVC 556,127.19 SVC as of June 12 at 4:42 AM
About Crypto.com Wrapped BTC
Crypto.com Wrapped BTC is climbing this week. The current price of Crypto.com Wrapped BTC is SVC 556,127.19 per CDCBTC. With a circulating supply of 173 CDCBTC, it means that Crypto.com Wrapped BTC has a total market cap of SVC 96,197,028.27. The amount of Crypto.com Wrapped BTC traded has risen by SVC 18,919.41 in the last 24 hours, which is a 44.95% increase. Additionally, in the last day, SVC 42,085.45 worth of CDCBTC has been traded.
The exchange rate of Crypto.com Wrapped BTC is increasing. The current value of 1 CDCBTC is SVC 556,127.19 SVC. In other words, to buy 5 Crypto.com Wrapped BTC, it would cost you SVC 2,780,635.97 SVC. Inversely, SVC 1.00 SVC would allow you to trade for 0.000001798 CDCBTC while SVC 50.00 SVC would convert to 0.00008991 CDCBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.23%. Meanwhile, in the last 24 hours, the rate has changed by 1.49%, which means that the highest exchange rate of 1 CDCBTC to SVC was SVC 557,506.67 SVC and the lowest 24 hour value was 1 CDCBTC for SVC 544,686.79 SVC. Last month, 1 CDCBTC was worth SVC 709,046.60 SVC. Today, it's down 21.55%. Looking back a year, Crypto.com Wrapped BTC has changed by SVC 925,944.36 SVC. That means that in a single year, the value of Crypto.com Wrapped BTC has shrank by 39.89%.
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 SVC values from Today at 4:42 am
0.5 CDCBTC = SVC 278,063.60 SVC |
1 CDCBTC = SVC 556,127.19 SVC |
5 CDCBTC = SVC 2,780,635.97 SVC |
10 CDCBTC = SVC 5,561,271.94 SVC |
50 CDCBTC = SVC 27,806,359.72 SVC |
100 CDCBTC = SVC 55,612,719.43 SVC |
500 CDCBTC = SVC 278,063,597.17 SVC |
1,000 CDCBTC = SVC 556,127,194.34 SVC |
SVC to CDCBTC values from Today at
SVC 0.50 SVC = 0.0000008991 CDCBTC |
SVC 1.00 SVC = 0.000001798 CDCBTC |
SVC 5.00 SVC = 0.000008991 CDCBTC |
SVC 10.00 SVC = 0.00001798 CDCBTC |
SVC 50.00 SVC = 0.00008991 CDCBTC |
SVC 100.00 SVC = 0.0001798 CDCBTC |
SVC 500.00 SVC = 0.0008991 CDCBTC |
SVC 1,000.00 SVC = 0.001798 CDCBTC |
CDCBTC to SVC over time
CDCBTC | Today | 24H 1.75% | 1M -27.50% | 1Y -66.50% |
|---|---|---|---|---|
0.5 CDCBTC | SVC 278,063.60 SVC | SVC 273,205.05 SVC | SVC 354,523.30 SVC | SVC 462,972.18 SVC |
1 CDCBTC | SVC 556,127.19 SVC | SVC 546,410.09 SVC | SVC 709,046.60 SVC | SVC 925,944.36 SVC |
5 CDCBTC | SVC 2,780,635.97 SVC | SVC 2,732,050.47 SVC | SVC 3,545,233.00 SVC | SVC 4,629,721.81 SVC |
10 CDCBTC | SVC 5,561,271.94 SVC | SVC 5,464,100.94 SVC | SVC 7,090,466.00 SVC | SVC 9,259,443.62 SVC |
50 CDCBTC | SVC 27,806,359.72 SVC | SVC 27,320,504.70 SVC | SVC 35,452,329.99 SVC | SVC 46,297,218.11 SVC |
100 CDCBTC | SVC 55,612,719.43 SVC | SVC 54,641,009.41 SVC | SVC 70,904,659.98 SVC | SVC 92,594,436.22 SVC |
500 CDCBTC | SVC 278,063,597.17 SVC | SVC 273,205,047.05 SVC | SVC 354,523,299.88 SVC | SVC 462,972,181.11 SVC |
1,000 CDCBTC | SVC 556,127,194.34 SVC | SVC 546,410,094.09 SVC | SVC 709,046,599.76 SVC | SVC 925,944,362.21 SVC |
Frequently asked questions
Right now, 1 Crypto.com Wrapped BTC is worth about SVC 556,127.19.
Based on the current rate, you could get 0.000001798 CDCBTC for 1 SVC.
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 SVC calculator at the top of this page to convert any amount of CDCBTC to SVC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SVC is equivalent to 0.000008991 CDCBTC. Inversely, 5 CDCBTC will cost about SVC 2,780,635.97
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 Rentberry, Solarcoin, and Digitex. For a more robust list of assets to explore, jump to the asset page dedicated to Crypto.com Wrapped BTC.
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