Convert Wrapped Bitcoin WBTC to Based ETH BSDETH
1 WBTC converts to 34.82 BSDETH
About WBTC and BSDETH
Wrapped Bitcoin is falling, while Based ETH is climbing this week. The current WBTC to BSDETH conversion rate is 34.82. Inversely, this means that if you convert 1 BSDETH you will get 0.02872 WBTC. The conversion rate of WBTC/BSDETH has increased by 0.59% in the last hour (BSDETH/WBTC decreased by 0.59%). In the last 24 hours, WBTC/BSDETH shrunk by 0.48%, while BSDETH/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 34.82 BSDETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 174.08 BSDETH. Inversely, 1 BSDETH would allow you to trade for 0.02872 WBTC while 50 BSDETH would convert to 1.44 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.37%, which means that the highest exchange rate of 1 WBTC to BSDETH was 35.13 BSDETH and the lowest 24 hour value was 1 WBTC for 34.43 BSDETH. Last month, 1 WBTC was worth 32.28 BSDETH. Today, it's up 7.29%. Looking back a year, Wrapped Bitcoin has changed by 37.97 BSDETH. That means that in a single year, the value of Wrapped Bitcoin has shrank by 9.06%.
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.
Based ETH Market Stats
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification. About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
Conversion tables
WBTC to BSDETH values from Today at 4:16 pm
0.5 WBTC = 17.41 BSDETH |
1 WBTC = 34.82 BSDETH |
5 WBTC = 174.08 BSDETH |
10 WBTC = 348.16 BSDETH |
50 WBTC = 1,740.78 BSDETH |
100 WBTC = 3,481.56 BSDETH |
500 WBTC = 17,407.79 BSDETH |
1,000 WBTC = 34,815.57 BSDETH |
BSDETH to WBTC values from Today at 4:17 pm
0.5 BSDETH = 0.01436 WBTC |
1 BSDETH = 0.02872 WBTC |
5 BSDETH = 0.1436 WBTC |
10 BSDETH = 0.2872 WBTC |
50 BSDETH = 1.44 WBTC |
100 BSDETH = 2.87 WBTC |
500 BSDETH = 14.36 WBTC |
1,000 BSDETH = 28.72 WBTC |
WBTC to BSDETH over time
WBTC | Today | 24H -0.37% | 1M 7.29% | 1Y -9.06% |
|---|---|---|---|---|
0.5 WBTC | 17.41 BSDETH | 17.47 BSDETH | 16.14 BSDETH | 18.99 BSDETH |
1 WBTC | 34.82 BSDETH | 34.94 BSDETH | 32.28 BSDETH | 37.97 BSDETH |
5 WBTC | 174.08 BSDETH | 174.72 BSDETH | 161.38 BSDETH | 189.85 BSDETH |
10 WBTC | 348.16 BSDETH | 349.44 BSDETH | 322.77 BSDETH | 379.70 BSDETH |
50 WBTC | 1,740.78 BSDETH | 1,747.22 BSDETH | 1,613.85 BSDETH | 1,898.51 BSDETH |
100 WBTC | 3,481.56 BSDETH | 3,494.43 BSDETH | 3,227.70 BSDETH | 3,797.02 BSDETH |
500 WBTC | 17,407.79 BSDETH | 17,472.15 BSDETH | 16,138.49 BSDETH | 18,985.11 BSDETH |
1,000 WBTC | 34,815.57 BSDETH | 34,944.30 BSDETH | 32,276.98 BSDETH | 37,970.21 BSDETH |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $61,034.69.
Based on the current rate, you could get 0.00001638 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 0.00008192 WBTC. Inversely, 5 WBTC will cost about $305,173.47
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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