Convert Wrapped Bitcoin WBTC to Efinity Token EFI
WBTC to EFI: 1 Wrapped Bitcoin converts to 8,969,044.93 EFI
About WBTC and EFI
Wrapped Bitcoin is falling, while Efinity Token is climbing this week. The current WBTC to EFI conversion rate is 8,969,044.93. Inversely, this means that if you convert 1 EFI you will get 0.0000001115 WBTC. The conversion rate of WBTC/EFI has increased by 4.47% in the last hour (EFI/WBTC decreased by 4.47%). In the last 24 hours, WBTC/EFI shrunk by 8.57%, while EFI/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 8,969,044.93 EFI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 44,845,224.63 EFI. Inversely, 1 EFI would allow you to trade for 0.0000001115 WBTC while 50 EFI would convert to 0.000005575 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.48%. Meanwhile, in the last 24 hours, the rate has changed by 8.51%, and that the highest exchange rate of 1 WBTC to EFI was 9,852,134.48 EFI and the lowest 24 hour value was 1 WBTC for 8,585,632.17 EFI. Last month, 1 WBTC was worth 5,847,561.12 EFI. Today, it's up 34.8%. Looking back a year, Wrapped Bitcoin has changed by 988,952.86 EFI. That means that in a single year, the value of Wrapped Bitcoin has grown by 88.97%.
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.
Efinity Token Market Stats
Efinity is an blockchain for non-fungible tokens (NFTs) developed by Enjin. Enjin pioneered the NFT industry in 2017, authoring ERC-1155, the groundbreaking NFT token standard, and launching the first NFT creation platform. Efinity is the world’s cross-chain NFT blockchain. Powered by the deflationary Efinity Token (EFI), the network is environmentally friendly, scalable, and built for games, apps, enterprises, and creators to deliver their own non-fungible tokens to mainstream audiences. Built on Polkadot in partnership with Parity Technologies and the Web3 Foundation, Efinity is a new blockchain that's purpose-built for NFTs. It's a token highway designed to enable a specific kind of future—where NFTs are as widespread and easy to use as smartphones today. Featuring transaction fee delegation, smart contracts, fuel tanks, crafting, discrete accounts, instant swaps, native multisig, price discovery, cross-chain marketplaces, and a NFT launchpad. Efinity’s transactions are confirmed in 6 seconds and scale to 1000 TPS; in comparison, the Ethereum network currently runs at around 15 TPS. Efinity will enable NFTs to be utilized by virtually any industry, unlocking trillions of dollars in currently illiquid and unique real-world and digital assets. Efinity is developed as a parachain on Polkadot, the next-generation, fully decentralized network that is solving the largest issues facing blockchains today, including interoperability, scalability, speed, security, privacy, developability and governance. Efinity Token (EFI), Efinity’s deflationary token is designed for transaction fees, liquidity, and rewards. Featuring community governance for EFI holders to submit and vote on proposals to steer the future of the network. Efinity’s network fees, marketplace commissions, cross-chain bridging tolls, and smart contract fees will go towards yield that can be earned by staking and infusing Enjin Coin (ENJ) and participating in trading and discovering NFTs. ENJ is a critical part of the solution, allowing any user to nominate the most efficient collator nodes that run the Efinity blockchain. Additionally, EFI will be a core utility of NFT.io, a next generation multi-chain NFT launchpad and marketplace. Earned EFI will be required to farm exclusive NFTs and participate in the NFT.io ecosystem
Conversion tables
WBTC to EFI values from Today at 5:24 am
0.5 WBTC = 4,484,522.46 EFI |
1 WBTC = 8,969,044.93 EFI |
5 WBTC = 44,845,224.63 EFI |
10 WBTC = 89,690,449.26 EFI |
50 WBTC = 448,452,246.28 EFI |
100 WBTC = 896,904,492.56 EFI |
500 WBTC = 4,484,522,462.82 EFI |
1,000 WBTC = 8,969,044,925.64 EFI |
EFI to WBTC values from Today at 5:24 am
0.5 EFI = 0.00000005575 WBTC |
1 EFI = 0.0000001115 WBTC |
5 EFI = 0.0000005575 WBTC |
10 EFI = 0.000001115 WBTC |
50 EFI = 0.000005575 WBTC |
100 EFI = 0.00001115 WBTC |
500 EFI = 0.00005575 WBTC |
1,000 EFI = 0.0001115 WBTC |
WBTC to EFI over time
WBTC | Today | 24H -8.51% | 1M 34.80% | 1Y 88.97% |
|---|---|---|---|---|
0.5 WBTC | 4,484,522.46 EFI | 4,866,259.02 EFI | 2,923,780.56 EFI | 494,476.43 EFI |
1 WBTC | 8,969,044.93 EFI | 9,732,518.03 EFI | 5,847,561.12 EFI | 988,952.86 EFI |
5 WBTC | 44,845,224.63 EFI | 48,662,590.16 EFI | 29,237,805.58 EFI | 4,944,764.31 EFI |
10 WBTC | 89,690,449.26 EFI | 97,325,180.33 EFI | 58,475,611.15 EFI | 9,889,528.61 EFI |
50 WBTC | 448,452,246.28 EFI | 486,625,901.65 EFI | 292,378,055.75 EFI | 49,447,643.07 EFI |
100 WBTC | 896,904,492.56 EFI | 973,251,803.29 EFI | 584,756,111.51 EFI | 98,895,286.13 EFI |
500 WBTC | 4,484,522,462.82 EFI | 4,866,259,016.47 EFI | 2,923,780,557.53 EFI | 494,476,430.66 EFI |
1,000 WBTC | 8,969,044,925.64 EFI | 9,732,518,032.93 EFI | 5,847,561,115.05 EFI | 988,952,861.32 EFI |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,447.74.
Based on the current rate, you could get 0.00001576 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 0.00007881 WBTC. Inversely, 5 WBTC will cost about $317,238.69
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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