Convert Genesis Shards GS to Wrapped Bitcoin WBTC
1 GS converts to 0.00000002645 WBTC
About GS and WBTC
Genesis Shards is climbing, while Wrapped Bitcoin is falling this week. The current GS to WBTC conversion rate is 0.00000002645. Inversely, this means that if you convert 1 WBTC you will get 37,810,465.93 GS. The conversion rate of GS/WBTC has increased by 0% in the last hour (WBTC/GS decreased by 0%). In the last 24 hours, GS/WBTC grew by 2.74%, while WBTC/GS shrunk by the same amount.
The exchange rate of Genesis Shards is increasing. The current value of 1 GS is 0.00000002645 WBTC. In other words, to buy 5 Genesis Shards, it would cost you 0.00000013224 WBTC. Inversely, 1 WBTC would allow you to trade for 37,810,465.93 GS while 50 WBTC would convert to 1,890,523,296.68 GS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.29%. Meanwhile, in the last 24 hours, the rate has changed by 2.63%, which means that the highest exchange rate of 1 GS to WBTC was 0.00000002708 WBTC and the lowest 24 hour value was 1 GS for 0.0000000256 WBTC. Last month, 1 GS was worth 0.00000002746 WBTC. Today, it's down 3.81%. Looking back a year, Genesis Shards has changed by 0.00000004153 WBTC. That means that in a single year, the value of Genesis Shards has shrank by 57.02%.
Genesis Shards Market Stats
Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default. GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.
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
GS to WBTC values from Today at 5:20 am
0.5 GS = 0.00000001322 WBTC |
1 GS = 0.00000002645 WBTC |
5 GS = 0.0000001322 WBTC |
10 GS = 0.0000002645 WBTC |
50 GS = 0.000001322 WBTC |
100 GS = 0.000002645 WBTC |
500 GS = 0.00001322 WBTC |
1,000 GS = 0.00002645 WBTC |
WBTC to GS values from Today at 5:18 am
0.5 WBTC = 18,905,232.97 GS |
1 WBTC = 37,810,465.93 GS |
5 WBTC = 189,052,329.67 GS |
10 WBTC = 378,104,659.34 GS |
50 WBTC = 1,890,523,296.68 GS |
100 WBTC = 3,781,046,593.37 GS |
500 WBTC = 18,905,232,966.83 GS |
1,000 WBTC = 37,810,465,933.67 GS |
GS to WBTC over time
GS | Today | 24H 2.63% | 1M -3.81% | 1Y -57.02% |
|---|---|---|---|---|
0.5 GS | 0.00000001322 WBTC | 0.00000001288 WBTC | 0.00000001373 WBTC | 0.00000002076 WBTC |
1 GS | 0.00000002645 WBTC | 0.00000002575 WBTC | 0.00000002746 WBTC | 0.00000004153 WBTC |
5 GS | 0.0000001322 WBTC | 0.0000001288 WBTC | 0.0000001373 WBTC | 0.0000002076 WBTC |
10 GS | 0.0000002645 WBTC | 0.0000002575 WBTC | 0.0000002746 WBTC | 0.0000004153 WBTC |
50 GS | 0.000001322 WBTC | 0.000001288 WBTC | 0.000001373 WBTC | 0.000002076 WBTC |
100 GS | 0.000002645 WBTC | 0.000002575 WBTC | 0.000002746 WBTC | 0.000004153 WBTC |
500 GS | 0.00001322 WBTC | 0.00001288 WBTC | 0.00001373 WBTC | 0.00002076 WBTC |
1,000 GS | 0.00002645 WBTC | 0.00002575 WBTC | 0.00002746 WBTC | 0.00004153 WBTC |
Frequently asked questions
Right now, 1 Genesis Shards is worth about $0.001581.
Based on the current rate, you could get 632.33 GS for 1 USD.
You can use our GS to USD calculator at the top of this page to convert any amount of GS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 3,161.67 GS. Inversely, 5 GS will cost about $0.007907
Genesis Shards can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Genesis Shards.
There are a number of crypto assets that have the a similar or comparable market cap to Genesis Shards, including Cindicator, Lympo, and Aave. For a more robust list of assets to explore, jump to the asset page dedicated to Genesis Shards.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.