Convert Magic Eden ME to Wrapped Bitcoin WBTC
ME to WBTC: 1 Magic Eden converts to 0.0000009601 WBTC
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About ME and WBTC
Magic Eden is climbing, while Wrapped Bitcoin is falling this week. The current ME to WBTC conversion rate is 0.0000009601. Inversely, this means that if you convert 1 WBTC you will get 1,041,508.27 ME. The conversion rate of ME/WBTC has decreased by 0.62% in the last hour (WBTC/ME increased by 0.62%). In the last 24 hours, ME/WBTC grew by 1.34%, while WBTC/ME shrunk by the same amount.
The exchange rate of Magic Eden is increasing. The current value of 1 ME is 0.0000009601 WBTC. In other words, to buy 5 Magic Eden, it would cost you 0.0000048007 WBTC. Inversely, 1 WBTC would allow you to trade for 1,041,508.27 ME while 50 WBTC would convert to 52,075,413.41 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.4%. Meanwhile, in the last 24 hours, the rate has changed by 1.4%, and that the highest exchange rate of 1 ME to WBTC was 0.000001059 WBTC and the lowest 24 hour value was 1 ME for 0.0000009411 WBTC. Last month, 1 ME was worth 0.0000009885 WBTC. Today, it's down 2.95%. Looking back a year, Magic Eden has changed by 0.000008182 WBTC. That means that in a single year, the value of Magic Eden has shrank by 752.19%.
Magic Eden Market Stats
ME is the governance token for Magic Eden, a multi-chain NFT and fungible marketplace built on on Bitcoin, Solana, and EVM networks. In addition to governance, ME can also be used to list or purchase NFTs on Magic Eden.
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
ME to WBTC values from Today at 10:10 am
0.5 ME = 0.0000004801 WBTC |
1 ME = 0.0000009601 WBTC |
5 ME = 0.000004801 WBTC |
10 ME = 0.000009601 WBTC |
50 ME = 0.00004801 WBTC |
100 ME = 0.00009601 WBTC |
500 ME = 0.0004801 WBTC |
1,000 ME = 0.0009601 WBTC |
WBTC to ME values from Today at 10:08 am
0.5 WBTC = 520,754.13 ME |
1 WBTC = 1,041,508.27 ME |
5 WBTC = 5,207,541.34 ME |
10 WBTC = 10,415,082.68 ME |
50 WBTC = 52,075,413.41 ME |
100 WBTC = 104,150,826.83 ME |
500 WBTC = 520,754,134.13 ME |
1,000 WBTC = 1,041,508,268.25 ME |
ME to WBTC over time
ME | Today | 24H 1.40% | 1M -2.95% | 1Y -752.19% |
|---|---|---|---|---|
0.5 ME | 0.0000004801 WBTC | 0.0000004734 WBTC | 0.0000004943 WBTC | 0.000004091 WBTC |
1 ME | 0.0000009601 WBTC | 0.0000009467 WBTC | 0.0000009885 WBTC | 0.000008182 WBTC |
5 ME | 0.000004801 WBTC | 0.000004734 WBTC | 0.000004943 WBTC | 0.00004091 WBTC |
10 ME | 0.000009601 WBTC | 0.000009467 WBTC | 0.000009885 WBTC | 0.00008182 WBTC |
50 ME | 0.00004801 WBTC | 0.00004734 WBTC | 0.00004943 WBTC | 0.0004091 WBTC |
100 ME | 0.00009601 WBTC | 0.00009467 WBTC | 0.00009885 WBTC | 0.0008182 WBTC |
500 ME | 0.0004801 WBTC | 0.0004734 WBTC | 0.0004943 WBTC | 0.004091 WBTC |
1,000 ME | 0.0009601 WBTC | 0.0009467 WBTC | 0.0009885 WBTC | 0.008182 WBTC |
Frequently asked questions
Right now, 1 Magic Eden is worth about $0.06355.
Based on the current rate, you could get 15.74 ME for 1 USD.
Magic Eden price has been on the rise. Since yesterday, the exchange rate of Magic Eden has increased. Since last month, the exchange rate of Magic Eden has increased. Since this time last year, the price of Magic Eden has decreased.
You can use our ME to USD calculator at the top of this page to convert any amount of ME to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 78.68 ME. Inversely, 5 ME will cost about $0.3178
Magic Eden is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Magic Eden.
There are a number of crypto assets that have the a similar or comparable market cap to Magic Eden, including JPMorgan Chase tokenized stock (xStock), Fractal Bitcoin, and Aave GUSD V2. For a more robust list of assets to explore, jump to the asset page dedicated to Magic Eden.
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