Convert Wrapped Bitcoin WBTC to Genesis Shards GS
1 WBTC converts to 37,707,774.57 GS
About WBTC and GS
Wrapped Bitcoin is climbing, while Genesis Shards is falling this week. The current WBTC to GS conversion rate is 37,707,774.57. Inversely, this means that if you convert 1 GS you will get 0.00000002652 WBTC. The conversion rate of WBTC/GS has decreased by 0.44% in the last hour (GS/WBTC increased by 0.44%). In the last 24 hours, WBTC/GS grew by 0.37%, while GS/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 37,707,774.57 GS. In other words, to buy 5 Wrapped Bitcoin, it would cost you 188,538,872.87 GS. Inversely, 1 GS would allow you to trade for 0.00000002652 WBTC while 50 GS would convert to 0.000001326 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.57%. Meanwhile, in the last 24 hours, the rate has changed by 0.52%, and that the highest exchange rate of 1 WBTC to GS was 38,268,416.05 GS and the lowest 24 hour value was 1 WBTC for 36,923,196.78 GS. Last month, 1 WBTC was worth 36,048,285.91 GS. Today, it's up 4.4%. Looking back a year, Wrapped Bitcoin has changed by 24,079,518.49 GS. That means that in a single year, the value of Wrapped Bitcoin has grown by 36.14%.
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.
Genesis Shards Market Stats
Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default. GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.
Conversion tables
WBTC to GS values from Today at 7:10 pm
0.5 WBTC = 18,853,887.29 GS |
1 WBTC = 37,707,774.57 GS |
5 WBTC = 188,538,872.87 GS |
10 WBTC = 377,077,745.74 GS |
50 WBTC = 1,885,388,728.71 GS |
100 WBTC = 3,770,777,457.41 GS |
500 WBTC = 18,853,887,287.06 GS |
1,000 WBTC = 37,707,774,574.13 GS |
GS to WBTC values from Today at 7:12 pm
0.5 GS = 0.00000001326 WBTC |
1 GS = 0.00000002652 WBTC |
5 GS = 0.0000001326 WBTC |
10 GS = 0.0000002652 WBTC |
50 GS = 0.000001326 WBTC |
100 GS = 0.000002652 WBTC |
500 GS = 0.00001326 WBTC |
1,000 GS = 0.00002652 WBTC |
WBTC to GS over time
WBTC | Today | 24H 0.52% | 1M 4.40% | 1Y 36.14% |
|---|---|---|---|---|
0.5 WBTC | 18,853,887.29 GS | 18,755,773.80 GS | 18,024,142.96 GS | 12,039,759.24 GS |
1 WBTC | 37,707,774.57 GS | 37,511,547.59 GS | 36,048,285.91 GS | 24,079,518.49 GS |
5 WBTC | 188,538,872.87 GS | 187,557,737.96 GS | 180,241,429.56 GS | 120,397,592.43 GS |
10 WBTC | 377,077,745.74 GS | 375,115,475.92 GS | 360,482,859.11 GS | 240,795,184.86 GS |
50 WBTC | 1,885,388,728.71 GS | 1,875,577,379.62 GS | 1,802,414,295.56 GS | 1,203,975,924.28 GS |
100 WBTC | 3,770,777,457.41 GS | 3,751,154,759.24 GS | 3,604,828,591.11 GS | 2,407,951,848.56 GS |
500 WBTC | 18,853,887,287.06 GS | 18,755,773,796.18 GS | 18,024,142,955.56 GS | 12,039,759,242.78 GS |
1,000 WBTC | 37,707,774,574.13 GS | 37,511,547,592.37 GS | 36,048,285,911.11 GS | 24,079,518,485.55 GS |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $59,632.67.
Based on the current rate, you could get 0.00001677 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 0.00008385 WBTC. Inversely, 5 WBTC will cost about $298,163.34
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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