Convert Wrapped Bitcoin WBTC to Avalanche AVAX
WBTC to AVAX: 1 Wrapped Bitcoin converts to 10,806.50 AVAX
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About WBTC and AVAX
Wrapped Bitcoin is climbing, while Avalanche is falling this week. The current WBTC to AVAX conversion rate is 10,806.50. Inversely, this means that if you convert 1 AVAX you will get 0.00009254 WBTC. The conversion rate of WBTC/AVAX has increased by 0.07% in the last hour (AVAX/WBTC decreased by 0.07%). In the last 24 hours, WBTC/AVAX grew by 1.24%, while AVAX/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 10,806.50 AVAX. In other words, to buy 5 Wrapped Bitcoin, it would cost you 54,032.52 AVAX. Inversely, 1 AVAX would allow you to trade for 0.00009254 WBTC while 50 AVAX would convert to 0.004627 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.24%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, which means that the highest exchange rate of 1 WBTC to AVAX was 10,884.87 AVAX and the lowest 24 hour value was 1 WBTC for 10,608.22 AVAX. Last month, 1 WBTC was worth 9,694.74 AVAX. Today, it's up 10.29%. Looking back a year, Wrapped Bitcoin has changed by 4,556.99 AVAX. That means that in a single year, the value of Wrapped Bitcoin has grown by 57.83%.
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.
Avalanche Market Stats
Avalanche describes itself as an open, programmable smart contracts platform for decentralized applications. AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is compatible with Solidity, Ethereum’s programming language, and can be used to deploy custom private or public blockchains as “subnets.”
Conversion tables
WBTC to AVAX values from Today at 8:48 pm
0.5 WBTC = 5,403.25 AVAX |
1 WBTC = 10,806.50 AVAX |
5 WBTC = 54,032.52 AVAX |
10 WBTC = 108,065.03 AVAX |
50 WBTC = 540,325.15 AVAX |
100 WBTC = 1,080,650.30 AVAX |
500 WBTC = 5,403,251.50 AVAX |
1,000 WBTC = 10,806,503.01 AVAX |
AVAX to WBTC values from Today at 8:49 pm
0.5 AVAX = 0.00004627 WBTC |
1 AVAX = 0.00009254 WBTC |
5 AVAX = 0.0004627 WBTC |
10 AVAX = 0.0009254 WBTC |
50 AVAX = 0.004627 WBTC |
100 AVAX = 0.009254 WBTC |
500 AVAX = 0.04627 WBTC |
1,000 AVAX = 0.09254 WBTC |
WBTC to AVAX over time
WBTC | Today | 24H 1.12% | 1M 10.29% | 1Y 57.83% |
|---|---|---|---|---|
0.5 WBTC | 5,403.25 AVAX | 5,342.63 AVAX | 4,847.37 AVAX | 2,278.49 AVAX |
1 WBTC | 10,806.50 AVAX | 10,685.25 AVAX | 9,694.74 AVAX | 4,556.99 AVAX |
5 WBTC | 54,032.52 AVAX | 53,426.25 AVAX | 48,473.71 AVAX | 22,784.95 AVAX |
10 WBTC | 108,065.03 AVAX | 106,852.50 AVAX | 96,947.42 AVAX | 45,569.90 AVAX |
50 WBTC | 540,325.15 AVAX | 534,262.50 AVAX | 484,737.08 AVAX | 227,849.50 AVAX |
100 WBTC | 1,080,650.30 AVAX | 1,068,525.01 AVAX | 969,474.17 AVAX | 455,699.00 AVAX |
500 WBTC | 5,403,251.50 AVAX | 5,342,625.05 AVAX | 4,847,370.84 AVAX | 2,278,495.00 AVAX |
1,000 WBTC | 10,806,503.01 AVAX | 10,685,250.09 AVAX | 9,694,741.69 AVAX | 4,556,989.99 AVAX |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $78,347.15.
Based on the current rate, you could get 0.00001276 WBTC for 1 USD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00006382 WBTC. Inversely, 5 WBTC will cost about $391,735.73
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 Wrapped Beacon ETH, WETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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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.