Convert Composite CMST to Wrapped Bitcoin WBTC
CMST to WBTC: 1 Composite converts to 0.0000008415 WBTC
Composite (CMST) is not tradable on Coinbase.
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About CMST and WBTC
Composite is falling, while Wrapped Bitcoin is climbing this week. The current CMST to WBTC conversion rate is 0.0000008415. Inversely, this means that if you convert 1 WBTC you will get 1,188,400.01 CMST. The conversion rate of CMST/WBTC has increased by 0.81% in the last hour (WBTC/CMST decreased by 0.81%). In the last 24 hours, CMST/WBTC shrunk by 1.25%, while WBTC/CMST grew by the same amount.
The exchange rate of Composite is decreasing. The current value of 1 CMST is 0.0000008415 WBTC. In other words, to buy 5 Composite, it would cost you 0.0000042073 WBTC. Inversely, 1 WBTC would allow you to trade for 1,188,400.01 CMST while 50 WBTC would convert to 59,420,000.37 CMST, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.92%. Meanwhile, in the last 24 hours, the rate has changed by 1.16%, which means that the highest exchange rate of 1 CMST to WBTC was 0.0000008534 WBTC and the lowest 24 hour value was 1 CMST for 0.0000008108 WBTC. Last month, 1 CMST was worth 0.0000007789 WBTC. Today, it's up 7.44%. Looking back a year, Composite has changed by 0.0000009484 WBTC. That means that in a single year, the value of Composite has shrank by 12.71%.
Composite Market Stats
COMPOSITE - CMST is a collateralized stablecoin for Interchain built on Comdex chain. Inspired mainly by the robust and reliable model built by MakerDao for $DAI stablecoin, $CMST can be minted permissionless-ly as a debt against collateralized CDPs of interchain assets. Composite can be minted on . Users can choose from a wide range of Cosmos ecosystem assets and interchain assets as collateral to mint $CMST. $CMST’s mechanism is designed to be the most reliable model for stablecoins, which is censorship-resistant, permissionless, and decentralized. Composite is a stablecoin designed to be a stable representation of purchasing power and is therefore soft pegged to $1; however, as the global macro landscape develops, that may be subject to change in the future. CMST and Harbor Protocol References Website: Mechanism Docs: Code Audit Report: Community Channels: Harbor Protocol on Twitter - Composite Money (CMST) on Twitter - Composite Money (CMST) Community Chat: Forum: Blog:
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
CMST to WBTC values from Today at 8:56 pm
0.5 CMST = 0.0000004207 WBTC |
1 CMST = 0.0000008415 WBTC |
5 CMST = 0.000004207 WBTC |
10 CMST = 0.000008415 WBTC |
50 CMST = 0.00004207 WBTC |
100 CMST = 0.00008415 WBTC |
500 CMST = 0.0004207 WBTC |
1,000 CMST = 0.0008415 WBTC |
WBTC to CMST values from Today at 8:54 pm
0.5 WBTC = 594,200.00 CMST |
1 WBTC = 1,188,400.01 CMST |
5 WBTC = 5,942,000.04 CMST |
10 WBTC = 11,884,000.07 CMST |
50 WBTC = 59,420,000.37 CMST |
100 WBTC = 118,840,000.73 CMST |
500 WBTC = 594,200,003.66 CMST |
1,000 WBTC = 1,188,400,007.32 CMST |
CMST to WBTC over time
CMST | Today | 24H -1.16% | 1M 7.44% | 1Y -12.71% |
|---|---|---|---|---|
0.5 CMST | 0.0000004207 WBTC | 0.0000004256 WBTC | 0.0000003894 WBTC | 0.0000004742 WBTC |
1 CMST | 0.0000008415 WBTC | 0.0000008512 WBTC | 0.0000007789 WBTC | 0.0000009484 WBTC |
5 CMST | 0.000004207 WBTC | 0.000004256 WBTC | 0.000003894 WBTC | 0.000004742 WBTC |
10 CMST | 0.000008415 WBTC | 0.000008512 WBTC | 0.000007789 WBTC | 0.000009484 WBTC |
50 CMST | 0.00004207 WBTC | 0.00004256 WBTC | 0.00003894 WBTC | 0.00004742 WBTC |
100 CMST | 0.00008415 WBTC | 0.00008512 WBTC | 0.00007789 WBTC | 0.00009484 WBTC |
500 CMST | 0.0004207 WBTC | 0.0004256 WBTC | 0.0003894 WBTC | 0.0004742 WBTC |
1,000 CMST | 0.0008415 WBTC | 0.0008512 WBTC | 0.0007789 WBTC | 0.0009484 WBTC |
Frequently asked questions
Right now, 1 Composite is worth about $0.05057.
Based on the current rate, you could get 19.78 CMST for 1 USD.
Composite price has been declining. Since yesterday, the exchange rate of Composite has decreased. Since last month, the exchange rate of Composite has decreased. Since this time last year, the price of Composite has decreased.
You can use our CMST to USD calculator at the top of this page to convert any amount of CMST to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 98.88 CMST. Inversely, 5 CMST will cost about $0.2528
Composite is not currently available through Coinbase, but you can sign up to get the latest news on Composite and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Composite, including Tsutsuji Doge's Sister, Multichain Bridged WBTC (Moonriver), and Leverage WBTC. For a more robust list of assets to explore, jump to the asset page dedicated to Composite.
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