Convert Wrapped Bitcoin WBTC to BitDAO BIT
WBTC to BIT: 1 Wrapped Bitcoin converts to 108,575.49 BIT
About WBTC and BIT
Wrapped Bitcoin is falling, while BitDAO is climbing this week. The current WBTC to BIT conversion rate is 108,575.49. Inversely, this means that if you convert 1 BIT you will get 0.00000921 WBTC. The conversion rate of WBTC/BIT has decreased by 0.34% in the last hour (BIT/WBTC increased by 0.34%). In the last 24 hours, WBTC/BIT shrunk by 2.8%, while BIT/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 108,575.49 BIT. In other words, to buy 5 Wrapped Bitcoin, it would cost you 542,877.46 BIT. Inversely, 1 BIT would allow you to trade for 0.00000921 WBTC while 50 BIT would convert to 0.0004605 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.27%. Meanwhile, in the last 24 hours, the rate has changed by 2.81%, and that the highest exchange rate of 1 WBTC to BIT was 112,317.05 BIT and the lowest 24 hour value was 1 WBTC for 106,565.61 BIT. Last month, 1 WBTC was worth 120,481.27 BIT. Today, it's down 10.97%. Looking back a year, Wrapped Bitcoin has changed by 157,938.53 BIT. That means that in a single year, the value of Wrapped Bitcoin has shrank by 45.46%.
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.
BitDAO Market Stats
BIT is an Ethereum token that governs BitDAO, a protocol designed to support builders of decentralized technologies. BitDAO plans to provide grants for development of decentralized technologies including DeFi apps, governance protocols, layer 1 or layer 2 blockchains, privacy, and NFTs. Proposals, treasury allocations, and protocol changes can be voted upon by BIT token holders. Note: Coinbase only supports BIT on the Ethereum blockchain (ERC-20).
Conversion tables
WBTC to BIT values from Today at 5:08 pm
0.5 WBTC = 54,287.75 BIT |
1 WBTC = 108,575.49 BIT |
5 WBTC = 542,877.46 BIT |
10 WBTC = 1,085,754.92 BIT |
50 WBTC = 5,428,774.59 BIT |
100 WBTC = 10,857,549.17 BIT |
500 WBTC = 54,287,745.87 BIT |
1,000 WBTC = 108,575,491.74 BIT |
BIT to WBTC values from Today at 5:08 pm
0.5 BIT = 0.000004605 WBTC |
1 BIT = 0.00000921 WBTC |
5 BIT = 0.00004605 WBTC |
10 BIT = 0.0000921 WBTC |
50 BIT = 0.0004605 WBTC |
100 BIT = 0.000921 WBTC |
500 BIT = 0.004605 WBTC |
1,000 BIT = 0.00921 WBTC |
WBTC to BIT over time
WBTC | Today | 24H -2.81% | 1M -10.97% | 1Y -45.46% |
|---|---|---|---|---|
0.5 WBTC | 54,287.75 BIT | 55,815.56 BIT | 60,240.64 BIT | 78,969.26 BIT |
1 WBTC | 108,575.49 BIT | 111,631.11 BIT | 120,481.27 BIT | 157,938.53 BIT |
5 WBTC | 542,877.46 BIT | 558,155.56 BIT | 602,406.36 BIT | 789,692.63 BIT |
10 WBTC | 1,085,754.92 BIT | 1,116,311.11 BIT | 1,204,812.73 BIT | 1,579,385.26 BIT |
50 WBTC | 5,428,774.59 BIT | 5,581,555.55 BIT | 6,024,063.63 BIT | 7,896,926.32 BIT |
100 WBTC | 10,857,549.17 BIT | 11,163,111.11 BIT | 12,048,127.27 BIT | 15,793,852.64 BIT |
500 WBTC | 54,287,745.87 BIT | 55,815,555.53 BIT | 60,240,636.35 BIT | 78,969,263.19 BIT |
1,000 WBTC | 108,575,491.74 BIT | 111,631,111.06 BIT | 120,481,272.69 BIT | 157,938,526.39 BIT |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,375.08.
Based on the current rate, you could get 0.00001578 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 decreased. 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 0.0000789 WBTC. Inversely, 5 WBTC will cost about $316,875.41
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.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Popular price predictions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.