Convert MAGIC MAGIC to Wrapped Bitcoin WBTC
MAGIC to WBTC: 1 MAGIC converts to 0.0000005514 WBTC
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About MAGIC and WBTC
MAGIC is falling, while Wrapped Bitcoin is climbing this week. The current MAGIC to WBTC conversion rate is 0.0000005514. Inversely, this means that if you convert 1 WBTC you will get 1,813,622.02 MAGIC. The conversion rate of MAGIC/WBTC has increased by 0.5% in the last hour (WBTC/MAGIC decreased by 0.5%). In the last 24 hours, MAGIC/WBTC shrunk by 2.15%, while WBTC/MAGIC grew by the same amount.
The exchange rate of MAGIC is decreasing. The current value of 1 MAGIC is 0.0000005514 WBTC. In other words, to buy 5 MAGIC, it would cost you 0.0000027569 WBTC. Inversely, 1 WBTC would allow you to trade for 1,813,622.02 MAGIC while 50 WBTC would convert to 90,681,100.97 MAGIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.89%. Meanwhile, in the last 24 hours, the rate has changed by 2.46%, and that the highest exchange rate of 1 MAGIC to WBTC was 0.0000005674 WBTC and the lowest 24 hour value was 1 MAGIC for 0.0000005424 WBTC. Last month, 1 MAGIC was worth 0.0000006614 WBTC. Today, it's down 19.95%. Looking back a year, MAGIC has changed by 0.000001894 WBTC. That means that in a single year, the value of MAGIC has shrank by 243.45%.
MAGIC Market Stats
MAGIC is the native token of Treasure. Treasure develops AI-powered entertainment experiences utilizing MAGIC.
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
MAGIC to WBTC values from Today at 7:49 am
0.5 MAGIC = 0.0000002757 WBTC |
1 MAGIC = 0.0000005514 WBTC |
5 MAGIC = 0.000002757 WBTC |
10 MAGIC = 0.000005514 WBTC |
50 MAGIC = 0.00002757 WBTC |
100 MAGIC = 0.00005514 WBTC |
500 MAGIC = 0.0002757 WBTC |
1,000 MAGIC = 0.0005514 WBTC |
WBTC to MAGIC values from Today at 7:49 am
0.5 WBTC = 906,811.01 MAGIC |
1 WBTC = 1,813,622.02 MAGIC |
5 WBTC = 9,068,110.10 MAGIC |
10 WBTC = 18,136,220.19 MAGIC |
50 WBTC = 90,681,100.97 MAGIC |
100 WBTC = 181,362,201.94 MAGIC |
500 WBTC = 906,811,009.70 MAGIC |
1,000 WBTC = 1,813,622,019.40 MAGIC |
MAGIC to WBTC over time
MAGIC | Today | 24H -2.46% | 1M -19.95% | 1Y -243.45% |
|---|---|---|---|---|
0.5 MAGIC | 0.0000002757 WBTC | 0.0000002825 WBTC | 0.0000003307 WBTC | 0.0000009469 WBTC |
1 MAGIC | 0.0000005514 WBTC | 0.000000565 WBTC | 0.0000006614 WBTC | 0.000001894 WBTC |
5 MAGIC | 0.000002757 WBTC | 0.000002825 WBTC | 0.000003307 WBTC | 0.000009469 WBTC |
10 MAGIC | 0.000005514 WBTC | 0.00000565 WBTC | 0.000006614 WBTC | 0.00001894 WBTC |
50 MAGIC | 0.00002757 WBTC | 0.00002825 WBTC | 0.00003307 WBTC | 0.00009469 WBTC |
100 MAGIC | 0.00005514 WBTC | 0.0000565 WBTC | 0.00006614 WBTC | 0.0001894 WBTC |
500 MAGIC | 0.0002757 WBTC | 0.0002825 WBTC | 0.0003307 WBTC | 0.0009469 WBTC |
1,000 MAGIC | 0.0005514 WBTC | 0.000565 WBTC | 0.0006614 WBTC | 0.001894 WBTC |
Frequently asked questions
Right now, 1 MAGIC is worth about $0.04176.
Based on the current rate, you could get 23.95 MAGIC for 1 USD.
MAGIC price has been declining. Since yesterday, the exchange rate of MAGIC has decreased. Since last month, the exchange rate of MAGIC has increased. Since this time last year, the price of MAGIC has decreased.
You can use our MAGIC to USD calculator at the top of this page to convert any amount of MAGIC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 119.73 MAGIC. Inversely, 5 MAGIC will cost about $0.2088
MAGIC is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy MAGIC.
There are a number of crypto assets that have the a similar or comparable market cap to MAGIC, including iShares Core US Aggregate Bond Tokenized ETF (Ondo), Metadium, and Puffer. For a more robust list of assets to explore, jump to the asset page dedicated to MAGIC.
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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.