Convert Wrapped Bitcoin WBTC to Drip Network DRIP
WBTC to DRIP: 1 Wrapped Bitcoin converts to 46,413,994.09 DRIP
About WBTC and DRIP
Wrapped Bitcoin is falling, while Drip Network is climbing this week. The current WBTC to DRIP conversion rate is 46,413,994.09. Inversely, this means that if you convert 1 DRIP you will get 0.00000002155 WBTC. The conversion rate of WBTC/DRIP has decreased by 0.22% in the last hour (DRIP/WBTC increased by 0.22%). In the last 24 hours, WBTC/DRIP shrunk by 1.7%, while DRIP/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 46,413,994.09 DRIP. In other words, to buy 5 Wrapped Bitcoin, it would cost you 232,069,970.44 DRIP. Inversely, 1 DRIP would allow you to trade for 0.00000002155 WBTC while 50 DRIP would convert to 0.000001077 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 20.44%. Meanwhile, in the last 24 hours, the rate has changed by 1.77%, and that the highest exchange rate of 1 WBTC to DRIP was 47,235,711.70 DRIP and the lowest 24 hour value was 1 WBTC for 42,889,464.74 DRIP. Last month, 1 WBTC was worth 62,752,397.28 DRIP. Today, it's down 35.2%. Looking back a year, Wrapped Bitcoin has changed by 66,327,010.13 DRIP. That means that in a single year, the value of Wrapped Bitcoin has shrank by 42.9%.
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.
Drip Network Market Stats
DRIP can be deposited into the Faucet Contract to provide a consistent 1% daily return (up to 365% of initial principal amount) for participation over time. Income comes from 10% taxes on exchanges and referrals. A reservoir is also available to provide wBNB rewards. DRIP is the only deflationary daily ROI token that pays stakers and referrers from a tax on transactions and not through inflation.
Conversion tables
WBTC to DRIP values from Today at 10:21 am
0.5 WBTC = 23,206,997.04 DRIP |
1 WBTC = 46,413,994.09 DRIP |
5 WBTC = 232,069,970.44 DRIP |
10 WBTC = 464,139,940.87 DRIP |
50 WBTC = 2,320,699,704.37 DRIP |
100 WBTC = 4,641,399,408.74 DRIP |
500 WBTC = 23,206,997,043.70 DRIP |
1,000 WBTC = 46,413,994,087.40 DRIP |
DRIP to WBTC values from Today at 10:22 am
0.5 DRIP = 0.00000001077 WBTC |
1 DRIP = 0.00000002155 WBTC |
5 DRIP = 0.0000001077 WBTC |
10 DRIP = 0.0000002155 WBTC |
50 DRIP = 0.000001077 WBTC |
100 DRIP = 0.000002155 WBTC |
500 DRIP = 0.00001077 WBTC |
1,000 DRIP = 0.00002155 WBTC |
WBTC to DRIP over time
WBTC | Today | 24H -1.77% | 1M -35.20% | 1Y -42.90% |
|---|---|---|---|---|
0.5 WBTC | 23,206,997.04 DRIP | 23,617,855.85 DRIP | 31,376,198.64 DRIP | 33,163,505.06 DRIP |
1 WBTC | 46,413,994.09 DRIP | 47,235,711.70 DRIP | 62,752,397.28 DRIP | 66,327,010.13 DRIP |
5 WBTC | 232,069,970.44 DRIP | 236,178,558.49 DRIP | 313,761,986.39 DRIP | 331,635,050.64 DRIP |
10 WBTC | 464,139,940.87 DRIP | 472,357,116.98 DRIP | 627,523,972.78 DRIP | 663,270,101.27 DRIP |
50 WBTC | 2,320,699,704.37 DRIP | 2,361,785,584.88 DRIP | 3,137,619,863.89 DRIP | 3,316,350,506.37 DRIP |
100 WBTC | 4,641,399,408.74 DRIP | 4,723,571,169.75 DRIP | 6,275,239,727.78 DRIP | 6,632,701,012.73 DRIP |
500 WBTC | 23,206,997,043.70 DRIP | 23,617,855,848.76 DRIP | 31,376,198,638.92 DRIP | 33,163,505,063.65 DRIP |
1,000 WBTC | 46,413,994,087.40 DRIP | 47,235,711,697.51 DRIP | 62,752,397,277.85 DRIP | 66,327,010,127.31 DRIP |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $60,544.26.
Based on the current rate, you could get 0.00001652 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 0.00008258 WBTC. Inversely, 5 WBTC will cost about $302,721.29
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 USDS, Lido wstETH, and Lido Staked ETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Popular stocks
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.