Convert Wrapped Bitcoin WBTC to Chinese Renminbi Yuan Offshore CNH
WBTC to CNH: 1 Wrapped Bitcoin converts to CNH 577,192.94 CNH as of October 6 at 3:48 PM
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About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is CNH 577,192.94 per WBTC. With a circulating supply of 116,499.191 WBTC, it means that Wrapped Bitcoin has a total market cap of CNH 67,291,216,430.33. The amount of Wrapped Bitcoin traded has fallen by -CNH 192,966,797.88 in the last 24 hours, which is a 24.40% decrease. Additionally, in the last day, CNH 790,889,422.15 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is CNH 577,192.94 CNH. In other words, to buy 5 Wrapped Bitcoin, it would cost you CNH 2,885,964.70 CNH. Inversely, CNH 1.00 CNH would allow you to trade for 0.000001733 WBTC while CNH 50.00 CNH would convert to 0.00008663 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.57%. Meanwhile, in the last 24 hours, the rate has changed by 1.03%, which means that the highest exchange rate of 1 WBTC to CNH was CNH 579,610.42 CNH and the lowest 24 hour value was 1 WBTC for CNH 570,792.08 CNH. Last month, 1 WBTC was worth CNH 533,776.31 CNH. Today, it's up 8.32%. Looking back a year, Wrapped Bitcoin has changed by CNH 892,902.68 CNH. That means that in a single year, the value of Wrapped Bitcoin has shrank by 31.04%.
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.
Conversion tables
WBTC to CNH values from Today at 3:48 pm
0.5 WBTC = CNH 288,596.47 CNH |
1 WBTC = CNH 577,192.94 CNH |
5 WBTC = CNH 2,885,964.70 CNH |
10 WBTC = CNH 5,771,929.39 CNH |
50 WBTC = CNH 28,859,646.96 CNH |
100 WBTC = CNH 57,719,293.92 CNH |
500 WBTC = CNH 288,596,469.58 CNH |
1,000 WBTC = CNH 577,192,939.17 CNH |
CNH to WBTC values from Today at
CNH 0.50 CNH = 0.0000008663 WBTC |
CNH 1.00 CNH = 0.000001733 WBTC |
CNH 5.00 CNH = 0.000008663 WBTC |
CNH 10.00 CNH = 0.00001733 WBTC |
CNH 50.00 CNH = 0.00008663 WBTC |
CNH 100.00 CNH = 0.0001733 WBTC |
CNH 500.00 CNH = 0.0008663 WBTC |
CNH 1,000.00 CNH = 0.001733 WBTC |
WBTC to CNH over time
WBTC | Today | 24H 0.89% | 1M 7.52% | 1Y -54.70% |
|---|---|---|---|---|
0.5 WBTC | CNH 288,596.47 CNH | CNH 286,033.10 CNH | CNH 266,888.15 CNH | CNH 446,451.34 CNH |
1 WBTC | CNH 577,192.94 CNH | CNH 572,066.19 CNH | CNH 533,776.31 CNH | CNH 892,902.68 CNH |
5 WBTC | CNH 2,885,964.70 CNH | CNH 2,860,330.95 CNH | CNH 2,668,881.54 CNH | CNH 4,464,513.41 CNH |
10 WBTC | CNH 5,771,929.39 CNH | CNH 5,720,661.90 CNH | CNH 5,337,763.09 CNH | CNH 8,929,026.82 CNH |
50 WBTC | CNH 28,859,646.96 CNH | CNH 28,603,309.52 CNH | CNH 26,688,815.44 CNH | CNH 44,645,134.08 CNH |
100 WBTC | CNH 57,719,293.92 CNH | CNH 57,206,619.04 CNH | CNH 53,377,630.87 CNH | CNH 89,290,268.16 CNH |
500 WBTC | CNH 288,596,469.58 CNH | CNH 286,033,095.22 CNH | CNH 266,888,154.37 CNH | CNH 446,451,340.79 CNH |
1,000 WBTC | CNH 577,192,939.17 CNH | CNH 572,066,190.43 CNH | CNH 533,776,308.74 CNH | CNH 892,902,681.58 CNH |
Frequently asked questions
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