Convert Iron Bank IB to Wrapped Bitcoin WBTC
IB to WBTC: 1 Iron Bank converts to 0.000001265 WBTC
About IB and WBTC
Iron Bank is climbing, while Wrapped Bitcoin is falling this week. The current IB to WBTC conversion rate is 0.000001265. Inversely, this means that if you convert 1 WBTC you will get 790,782.81 IB. The conversion rate of IB/WBTC has decreased by 0.13% in the last hour (WBTC/IB increased by 0.13%). In the last 24 hours, IB/WBTC grew by 1.05%, while WBTC/IB shrunk by the same amount.
The exchange rate of Iron Bank is increasing. The current value of 1 IB is 0.000001265 WBTC. In other words, to buy 5 Iron Bank, it would cost you 0.000006323 WBTC. Inversely, 1 WBTC would allow you to trade for 790,782.81 IB while 50 WBTC would convert to 39,539,140.72 IB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.81%. Meanwhile, in the last 24 hours, the rate has changed by 0.94%, which means that the highest exchange rate of 1 IB to WBTC was 0.000001276 WBTC and the lowest 24 hour value was 1 IB for 0.000001253 WBTC. Last month, 1 IB was worth 0.0000008719 WBTC. Today, it's up 31.06%. Looking back a year, Iron Bank has changed by 0.000003185 WBTC. That means that in a single year, the value of Iron Bank has shrank by 151.9%.
Iron Bank Market Stats
Iron Bank is a decentralized lending platform focused on capital efficiency allowing protocols and individuals to supply and borrow cryptoassets.
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
IB to WBTC values from Today at 4:34 pm
0.5 IB = 0.0000006323 WBTC |
1 IB = 0.000001265 WBTC |
5 IB = 0.000006323 WBTC |
10 IB = 0.00001265 WBTC |
50 IB = 0.00006323 WBTC |
100 IB = 0.0001265 WBTC |
500 IB = 0.0006323 WBTC |
1,000 IB = 0.001265 WBTC |
WBTC to IB values from Today at 4:31 pm
0.5 WBTC = 395,391.41 IB |
1 WBTC = 790,782.81 IB |
5 WBTC = 3,953,914.07 IB |
10 WBTC = 7,907,828.14 IB |
50 WBTC = 39,539,140.72 IB |
100 WBTC = 79,078,281.45 IB |
500 WBTC = 395,391,407.25 IB |
1,000 WBTC = 790,782,814.50 IB |
IB to WBTC over time
IB | Today | 24H 0.94% | 1M 31.06% | 1Y -151.90% |
|---|---|---|---|---|
0.5 IB | 0.0000006323 WBTC | 0.0000006263 WBTC | 0.0000004359 WBTC | 0.000001593 WBTC |
1 IB | 0.000001265 WBTC | 0.000001253 WBTC | 0.0000008719 WBTC | 0.000003185 WBTC |
5 IB | 0.000006323 WBTC | 0.000006263 WBTC | 0.000004359 WBTC | 0.00001593 WBTC |
10 IB | 0.00001265 WBTC | 0.00001253 WBTC | 0.000008719 WBTC | 0.00003185 WBTC |
50 IB | 0.00006323 WBTC | 0.00006263 WBTC | 0.00004359 WBTC | 0.0001593 WBTC |
100 IB | 0.0001265 WBTC | 0.0001253 WBTC | 0.00008719 WBTC | 0.0003185 WBTC |
500 IB | 0.0006323 WBTC | 0.0006263 WBTC | 0.0004359 WBTC | 0.001593 WBTC |
1,000 IB | 0.001265 WBTC | 0.001253 WBTC | 0.0008719 WBTC | 0.003185 WBTC |
Frequently asked questions
Right now, 1 Iron Bank is worth about $0.08154.
Based on the current rate, you could get 12.26 IB for 1 USD.
You can use our IB to USD calculator at the top of this page to convert any amount of IB to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 61.32 IB. Inversely, 5 IB will cost about $0.4077
Iron Bank can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Iron Bank.
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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.