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1 Wrapped Bitcoin equals 1.00 Bitcoin
Last update: 7:18 PM, December 9, 2023
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The current WBTC to BTC conversion rate is 1. Inversely, this means that if you convert 1 BTC you will get 1 WBTC.
The conversion rate of WBTC/BTC has decreased by 0.1% in the last hour and shrunk by 0.1% in the last 24 hours.
About Wrapped Bitcoin (WBTC)
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.
About Bitcoin (BTC)
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Wrapped Bitcoin (WBTC)
Market cap
$6.80B
Volume (24h)
$219.81M
Price
1.00 BTC
High (24H)
1.02 BTC
Low (24H)
0.98 BTC
Bitcoin (BTC)
Market cap
$860.70B
Volume (24h)
$19.87B
Price
1.00 WBTC
High (24H)
1.02 WBTC
Low (24H)
0.98 WBTC
Amount (WBTC) | Amount (BTC) |
---|---|
0.5 WBTC | 0.50 BTC |
1 WBTC | 1.00 BTC |
5 WBTC | 4.99 BTC |
10 WBTC | 9.98 BTC |
50 WBTC | 49.88 BTC |
100 WBTC | 99.76 BTC |
500 WBTC | 498.82 BTC |
1,000 WBTC | 997.63 BTC |
Amount (BTC) | Amount (WBTC) |
---|---|
0.5 BTC | 0.50 WBTC |
1 BTC | 1.00 WBTC |
5 BTC | 5.01 WBTC |
10 BTC | 10.02 WBTC |
50 BTC | 50.12 WBTC |
100 BTC | 100.24 WBTC |
500 BTC | 501.19 WBTC |
1,000 BTC | 1,002.37 WBTC |
Last update: December 9, 2023 at 7:18 PM |
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
1.00 BTC | -0.08% | 1.00 BTC | -0.21% | 1.00 BTC | +0.07% | 1.00 BTC | -0.05% |
Last update: December 9, 2023 at 7:18 PM |
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