Convert Composite CMST to Wrapped Bitcoin WBTC
CMST to WBTC: 1 Composite converts to 0.0000006587 WBTC
Composite (CMST) is not tradable on Coinbase.
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About CMST and WBTC
Composite is climbing, while Wrapped Bitcoin is falling this week. The current CMST to WBTC conversion rate is 0.0000006587. Inversely, this means that if you convert 1 WBTC you will get 1,518,210.86 CMST. The conversion rate of CMST/WBTC has increased by 0.35% in the last hour (WBTC/CMST decreased by 0.35%). In the last 24 hours, CMST/WBTC grew by 3.07%, while WBTC/CMST shrunk by the same amount.
The exchange rate of Composite is increasing. The current value of 1 CMST is 0.0000006587 WBTC. In other words, to buy 5 Composite, it would cost you 0.0000032934 WBTC. Inversely, 1 WBTC would allow you to trade for 1,518,210.86 CMST while 50 WBTC would convert to 75,910,542.97 CMST, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.22%. Meanwhile, in the last 24 hours, the rate has changed by 3.04%, and that the highest exchange rate of 1 CMST to WBTC was 0.0000006601 WBTC and the lowest 24 hour value was 1 CMST for 0.0000006294 WBTC. Last month, 1 CMST was worth 0.0000008008 WBTC. Today, it's down 21.58%. Looking back a year, Composite has changed by 0.000001033 WBTC. That means that in a single year, the value of Composite has shrank by 56.76%.
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 6:42 pm
0.5 CMST = 0.0000003293 WBTC |
1 CMST = 0.0000006587 WBTC |
5 CMST = 0.000003293 WBTC |
10 CMST = 0.000006587 WBTC |
50 CMST = 0.00003293 WBTC |
100 CMST = 0.00006587 WBTC |
500 CMST = 0.0003293 WBTC |
1,000 CMST = 0.0006587 WBTC |
WBTC to CMST values from Today at 6:41 pm
0.5 WBTC = 759,105.43 CMST |
1 WBTC = 1,518,210.86 CMST |
5 WBTC = 7,591,054.30 CMST |
10 WBTC = 15,182,108.59 CMST |
50 WBTC = 75,910,542.97 CMST |
100 WBTC = 151,821,085.94 CMST |
500 WBTC = 759,105,429.70 CMST |
1,000 WBTC = 1,518,210,859.41 CMST |
CMST to WBTC over time
CMST | Today | 24H 3.04% | 1M -21.58% | 1Y -56.76% |
|---|---|---|---|---|
0.5 CMST | 0.0000003293 WBTC | 0.0000003193 WBTC | 0.0000004004 WBTC | 0.0000005163 WBTC |
1 CMST | 0.0000006587 WBTC | 0.0000006387 WBTC | 0.0000008008 WBTC | 0.000001033 WBTC |
5 CMST | 0.000003293 WBTC | 0.000003193 WBTC | 0.000004004 WBTC | 0.000005163 WBTC |
10 CMST | 0.000006587 WBTC | 0.000006387 WBTC | 0.000008008 WBTC | 0.00001033 WBTC |
50 CMST | 0.00003293 WBTC | 0.00003193 WBTC | 0.00004004 WBTC | 0.00005163 WBTC |
100 CMST | 0.00006587 WBTC | 0.00006387 WBTC | 0.00008008 WBTC | 0.0001033 WBTC |
500 CMST | 0.0003293 WBTC | 0.0003193 WBTC | 0.0004004 WBTC | 0.0005163 WBTC |
1,000 CMST | 0.0006587 WBTC | 0.0006387 WBTC | 0.0008008 WBTC | 0.001033 WBTC |
Frequently asked questions
Right now, 1 Composite is worth about $0.05105.
Based on the current rate, you could get 19.59 CMST for 1 USD.
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 97.94 CMST. Inversely, 5 CMST will cost about $0.2553
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 RobinVault, LUTE, and Martians. For a more robust list of assets to explore, jump to the asset page dedicated to Composite.
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