Convert MTL to Wrapped Bitcoin WBTC
1 MTL converts to 0.000003861 WBTC
About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is MTL 258,994.26 per WBTC. With a circulating supply of 116,499.203 WBTC, it means that Wrapped Bitcoin has a total market cap of MTL 30,194,666,375.63. The amount of Wrapped Bitcoin traded has risen by MTL 422,964,649.01 in the last 24 hours, which is a 54.84% increase. Additionally, in the last day, MTL 771,285,445.72 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is MTL 258,994.26 MTL. In other words, to buy 5 Wrapped Bitcoin, it would cost you MTL 1,294,971.28 MTL. Inversely, MTL 1.00 MTL would allow you to trade for 0.000003861 WBTC while MTL 50.00 MTL would convert to 0.0001931 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.95%. Meanwhile, in the last 24 hours, the rate has changed by 1.2%, which means that the highest exchange rate of 1 WBTC to MTL was MTL 0.00 MTL and the lowest 24 hour value was 1 WBTC for MTL∞ MTL. Last month, 1 WBTC was worth MTL 0.00 MTL. Today, it's down 16.03%. Looking back a year, Wrapped Bitcoin has changed by MTL 39,707.04 MTL. That means that in a single year, the value of Wrapped Bitcoin has shrank by 36.64%.
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
MTL to WBTC values from Today at 12:59 am
MTL 0.50 MTL = 0.000001931 WBTC |
MTL 1.00 MTL = 0.000003861 WBTC |
MTL 5.00 MTL = 0.00001931 WBTC |
MTL 10.00 MTL = 0.00003861 WBTC |
MTL 50.00 MTL = 0.0001931 WBTC |
MTL 100.00 MTL = 0.0003861 WBTC |
MTL 500.00 MTL = 0.001931 WBTC |
MTL 1,000.00 MTL = 0.003861 WBTC |
WBTC to MTL values from Today at 12:59 am
0.5 WBTC = MTL 129,497.13 MTL |
1 WBTC = MTL 258,994.26 MTL |
5 WBTC = MTL 1,294,971.28 MTL |
10 WBTC = MTL 2,589,942.55 MTL |
50 WBTC = MTL 12,949,712.75 MTL |
100 WBTC = MTL 25,899,425.51 MTL |
500 WBTC = MTL 129,497,127.54 MTL |
1,000 WBTC = MTL 258,994,255.08 MTL |
MTL to WBTC over time
MTL | Today | 24H -101,348,369.46% | 1M -101,348,369.46% | 1Y -2,452.41% |
|---|---|---|---|---|
0.5 MTL | 0.000001931 WBTC | 0.50 WBTC | 0.50 WBTC | 0.00001259 WBTC |
1 MTL | 0.000003861 WBTC | 1.00 WBTC | 1.00 WBTC | 0.00002518 WBTC |
5 MTL | 0.00001931 WBTC | 5.00 WBTC | 5.00 WBTC | 0.0001259 WBTC |
10 MTL | 0.00003861 WBTC | 10.00 WBTC | 10.00 WBTC | 0.0002518 WBTC |
50 MTL | 0.0001931 WBTC | 50.00 WBTC | 50.00 WBTC | 0.001259 WBTC |
100 MTL | 0.0003861 WBTC | 100.00 WBTC | 100.00 WBTC | 0.002518 WBTC |
500 MTL | 0.001931 WBTC | 500.00 WBTC | 500.00 WBTC | 0.01259 WBTC |
1,000 MTL | 0.003861 WBTC | 1,000.00 WBTC | 1,000.00 WBTC | 0.02518 WBTC |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about MTL 258,994.26.
Based on the current rate, you could get 0.000003861 WBTC for 1 MTL.
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to MTL calculator at the top of this page to convert any amount of WBTC to MTL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MTL is equivalent to 0.00001931 WBTC. Inversely, 5 WBTC will cost about MTL 1,294,971.28
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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