Convert Wrapped Bitcoin WBTC to Legacy Frax Dollar FRAX
WBTC to FRAX: 1 Wrapped Bitcoin converts to 64,426.37 FRAX
About WBTC and FRAX
Wrapped Bitcoin is climbing, while Legacy Frax Dollar is falling this week. The current WBTC to FRAX conversion rate is 64,426.37. Inversely, this means that if you convert 1 FRAX you will get 0.00001552 WBTC. The conversion rate of WBTC/FRAX has decreased by 0.11% in the last hour (FRAX/WBTC increased by 0.11%). In the last 24 hours, WBTC/FRAX grew by 1.54%, while FRAX/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 64,426.37 FRAX. In other words, to buy 5 Wrapped Bitcoin, it would cost you 322,131.85 FRAX. Inversely, 1 FRAX would allow you to trade for 0.00001552 WBTC while 50 FRAX would convert to 0.0007761 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.47%. Meanwhile, in the last 24 hours, the rate has changed by 0.66%, and that the highest exchange rate of 1 WBTC to FRAX was 64,796.66 FRAX and the lowest 24 hour value was 1 WBTC for 63,187.03 FRAX. Last month, 1 WBTC was worth 64,713.94 FRAX. Today, it's down 0.45%. Looking back a year, Wrapped Bitcoin has changed by 117,848.61 FRAX. That means that in a single year, the value of Wrapped Bitcoin has shrank by 82.92%.
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.
Legacy Frax Dollar Market Stats
Legacy Frax Dollar (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Legacy Frax Dollar has a current supply of 275,847,684.0102677. The last known price of Legacy Frax Dollar is 0.99045781 USD and is down -0.21 over the last 24 hours. It is currently trading on 749 active market(s) with $501,176.02 traded over the last 24 hours.
Conversion tables
WBTC to FRAX values from Today at 8:31 am
0.5 WBTC = 32,213.19 FRAX |
1 WBTC = 64,426.37 FRAX |
5 WBTC = 322,131.85 FRAX |
10 WBTC = 644,263.71 FRAX |
50 WBTC = 3,221,318.53 FRAX |
100 WBTC = 6,442,637.06 FRAX |
500 WBTC = 32,213,185.29 FRAX |
1,000 WBTC = 64,426,370.58 FRAX |
FRAX to WBTC values from Today at 8:31 am
0.5 FRAX = 0.000007761 WBTC |
1 FRAX = 0.00001552 WBTC |
5 FRAX = 0.00007761 WBTC |
10 FRAX = 0.0001552 WBTC |
50 FRAX = 0.0007761 WBTC |
100 FRAX = 0.001552 WBTC |
500 FRAX = 0.007761 WBTC |
1,000 FRAX = 0.01552 WBTC |
WBTC to FRAX over time
WBTC | Today | 24H 0.66% | 1M -0.45% | 1Y -82.92% |
|---|---|---|---|---|
0.5 WBTC | 32,213.19 FRAX | 31,999.17 FRAX | 32,356.97 FRAX | 58,924.31 FRAX |
1 WBTC | 64,426.37 FRAX | 63,998.34 FRAX | 64,713.94 FRAX | 117,848.61 FRAX |
5 WBTC | 322,131.85 FRAX | 319,991.72 FRAX | 323,569.68 FRAX | 589,243.06 FRAX |
10 WBTC | 644,263.71 FRAX | 639,983.44 FRAX | 647,139.37 FRAX | 1,178,486.12 FRAX |
50 WBTC | 3,221,318.53 FRAX | 3,199,917.20 FRAX | 3,235,696.83 FRAX | 5,892,430.60 FRAX |
100 WBTC | 6,442,637.06 FRAX | 6,399,834.40 FRAX | 6,471,393.66 FRAX | 11,784,861.21 FRAX |
500 WBTC | 32,213,185.29 FRAX | 31,999,172.01 FRAX | 32,356,968.29 FRAX | 58,924,306.03 FRAX |
1,000 WBTC | 64,426,370.58 FRAX | 63,998,344.01 FRAX | 64,713,936.58 FRAX | 117,848,612.05 FRAX |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,888.44.
Based on the current rate, you could get 0.00001565 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 0.00007826 WBTC. Inversely, 5 WBTC will cost about $319,442.20
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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