Convert Wrapped Bitcoin WBTC to Circuits of Value COVAL
WBTC to COVAL: 1 Wrapped Bitcoin converts to 1,558,971,513.55 COVAL
About WBTC and COVAL
Wrapped Bitcoin is falling, while Circuits of Value is climbing this week. The current WBTC to COVAL conversion rate is 1,558,971,513.55. Inversely, this means that if you convert 1 COVAL you will get 0.0000000006414 WBTC. The conversion rate of WBTC/COVAL has increased by 0.26% in the last hour (COVAL/WBTC decreased by 0.26%). In the last 24 hours, WBTC/COVAL shrunk by 8.52%, while COVAL/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 1,558,971,513.55 COVAL. In other words, to buy 5 Wrapped Bitcoin, it would cost you 7,794,857,567.75 COVAL. Inversely, 1 COVAL would allow you to trade for 0.0000000006414 WBTC while 50 COVAL would convert to 0.00000003207 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 61.01%. Meanwhile, in the last 24 hours, the rate has changed by 8.6%, which means that the highest exchange rate of 1 WBTC to COVAL was 2,195,605,377.35 COVAL and the lowest 24 hour value was 1 WBTC for 1,541,593,949.51 COVAL. Last month, 1 WBTC was worth 1,012,874,217.76 COVAL. Today, it's up 35.03%. Looking back a year, Wrapped Bitcoin has changed by 116,496,814.63 COVAL. That means that in a single year, the value of Wrapped Bitcoin has grown by 92.53%.
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.
Circuits of Value Market Stats
COVAL is an Ethereum token that powers Emblem, a platform where users can create custom combinations of ETH, ERC-20, and NFT tokens into a single, tradable token called a Vault. COVAL can be used to create Vaults and is issued as a reward to liquidity providers.
Conversion tables
WBTC to COVAL values from Today at 5:39 am
0.5 WBTC = 779,485,756.77 COVAL |
1 WBTC = 1,558,971,513.55 COVAL |
5 WBTC = 7,794,857,567.75 COVAL |
10 WBTC = 15,589,715,135.50 COVAL |
50 WBTC = 77,948,575,677.49 COVAL |
100 WBTC = 155,897,151,354.98 COVAL |
500 WBTC = 779,485,756,774.89 COVAL |
1,000 WBTC = 1,558,971,513,549.78 COVAL |
COVAL to WBTC values from Today at 5:40 am
0.5 COVAL = 0.0000000003207 WBTC |
1 COVAL = 0.0000000006414 WBTC |
5 COVAL = 0.000000003207 WBTC |
10 COVAL = 0.000000006414 WBTC |
50 COVAL = 0.00000003207 WBTC |
100 COVAL = 0.00000006414 WBTC |
500 COVAL = 0.0000003207 WBTC |
1,000 COVAL = 0.0000006414 WBTC |
WBTC to COVAL over time
WBTC | Today | 24H -8.60% | 1M 35.03% | 1Y 92.53% |
|---|---|---|---|---|
0.5 WBTC | 779,485,756.77 COVAL | 846,523,867.60 COVAL | 506,437,108.88 COVAL | 58,248,407.31 COVAL |
1 WBTC | 1,558,971,513.55 COVAL | 1,693,047,735.21 COVAL | 1,012,874,217.76 COVAL | 116,496,814.63 COVAL |
5 WBTC | 7,794,857,567.75 COVAL | 8,465,238,676.03 COVAL | 5,064,371,088.81 COVAL | 582,484,073.13 COVAL |
10 WBTC | 15,589,715,135.50 COVAL | 16,930,477,352.07 COVAL | 10,128,742,177.62 COVAL | 1,164,968,146.27 COVAL |
50 WBTC | 77,948,575,677.49 COVAL | 84,652,386,760.33 COVAL | 50,643,710,888.11 COVAL | 5,824,840,731.35 COVAL |
100 WBTC | 155,897,151,354.98 COVAL | 169,304,773,520.66 COVAL | 101,287,421,776.21 COVAL | 11,649,681,462.69 COVAL |
500 WBTC | 779,485,756,774.89 COVAL | 846,523,867,603.32 COVAL | 506,437,108,881.06 COVAL | 58,248,407,313.46 COVAL |
1,000 WBTC | 1,558,971,513,549.78 COVAL | 1,693,047,735,206.65 COVAL | 1,012,874,217,762.11 COVAL | 116,496,814,626.91 COVAL |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,070.97.
Based on the current rate, you could get 0.00001561 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 0.00007804 WBTC. Inversely, 5 WBTC will cost about $320,354.86
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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