Convert Wrapped Bitcoin WBTC to BasketCoin BSKT
WBTC to BSKT: 1 Wrapped Bitcoin converts to 343,533.62 BSKT
About WBTC and BSKT
Wrapped Bitcoin is climbing, while BasketCoin is falling this week. The current WBTC to BSKT conversion rate is 343,533.62. Inversely, this means that if you convert 1 BSKT you will get 0.000002911 WBTC. The conversion rate of WBTC/BSKT has increased by 0.11% in the last hour (BSKT/WBTC decreased by 0.11%). In the last 24 hours, WBTC/BSKT grew by 3.47%, while BSKT/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 343,533.62 BSKT. In other words, to buy 5 Wrapped Bitcoin, it would cost you 1,717,668.08 BSKT. Inversely, 1 BSKT would allow you to trade for 0.000002911 WBTC while 50 BSKT would convert to 0.0001455 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.08%. Meanwhile, in the last 24 hours, the rate has changed by 3.25%, which means that the highest exchange rate of 1 WBTC to BSKT was 345,686.44 BSKT and the lowest 24 hour value was 1 WBTC for 332,379.65 BSKT. Last month, 1 WBTC was worth 347,929.49 BSKT. Today, it's down 1.28%. Looking back a year, Wrapped Bitcoin has changed by 625,031.66 BSKT. That means that in a single year, the value of Wrapped Bitcoin has shrank by 81.94%.
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.
BasketCoin Market Stats
"Deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related"
Conversion tables
WBTC to BSKT values from Today at 9:59 am
0.5 WBTC = 171,766.81 BSKT |
1 WBTC = 343,533.62 BSKT |
5 WBTC = 1,717,668.08 BSKT |
10 WBTC = 3,435,336.16 BSKT |
50 WBTC = 17,176,680.78 BSKT |
100 WBTC = 34,353,361.56 BSKT |
500 WBTC = 171,766,807.79 BSKT |
1,000 WBTC = 343,533,615.57 BSKT |
BSKT to WBTC values from Today at 10:00 am
0.5 BSKT = 0.000001455 WBTC |
1 BSKT = 0.000002911 WBTC |
5 BSKT = 0.00001455 WBTC |
10 BSKT = 0.00002911 WBTC |
50 BSKT = 0.0001455 WBTC |
100 BSKT = 0.0002911 WBTC |
500 BSKT = 0.001455 WBTC |
1,000 BSKT = 0.002911 WBTC |
WBTC to BSKT over time
WBTC | Today | 24H 3.25% | 1M -1.28% | 1Y -81.94% |
|---|---|---|---|---|
0.5 WBTC | 171,766.81 BSKT | 166,189.82 BSKT | 173,964.74 BSKT | 312,515.83 BSKT |
1 WBTC | 343,533.62 BSKT | 332,379.65 BSKT | 347,929.49 BSKT | 625,031.66 BSKT |
5 WBTC | 1,717,668.08 BSKT | 1,661,898.25 BSKT | 1,739,647.44 BSKT | 3,125,158.30 BSKT |
10 WBTC | 3,435,336.16 BSKT | 3,323,796.49 BSKT | 3,479,294.88 BSKT | 6,250,316.61 BSKT |
50 WBTC | 17,176,680.78 BSKT | 16,618,982.45 BSKT | 17,396,474.42 BSKT | 31,251,583.03 BSKT |
100 WBTC | 34,353,361.56 BSKT | 33,237,964.90 BSKT | 34,792,948.85 BSKT | 62,503,166.06 BSKT |
500 WBTC | 171,766,807.79 BSKT | 166,189,824.50 BSKT | 173,964,744.23 BSKT | 312,515,830.30 BSKT |
1,000 WBTC | 343,533,615.57 BSKT | 332,379,649.00 BSKT | 347,929,488.46 BSKT | 625,031,660.59 BSKT |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,646.82.
Based on the current rate, you could get 0.00001547 WBTC for 1 USD.
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 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 0.00007734 WBTC. Inversely, 5 WBTC will cost about $323,234.11
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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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.



