Convert Wrapped Bitcoin WBTC to Index Cooperative INDEX
WBTC to INDEX: 1 Wrapped Bitcoin converts to 259,916.12 INDEX
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About WBTC and INDEX
Wrapped Bitcoin is falling, while Index Cooperative is climbing this week. The current WBTC to INDEX conversion rate is 259,916.12. Inversely, this means that if you convert 1 INDEX you will get 0.000003847 WBTC. The conversion rate of WBTC/INDEX has decreased by 1.22% in the last hour (INDEX/WBTC increased by 1.22%). In the last 24 hours, WBTC/INDEX shrunk by 2.79%, while INDEX/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 259,916.12 INDEX. In other words, to buy 5 Wrapped Bitcoin, it would cost you 1,299,580.59 INDEX. Inversely, 1 INDEX would allow you to trade for 0.000003847 WBTC while 50 INDEX would convert to 0.0001924 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.86%. Meanwhile, in the last 24 hours, the rate has changed by 2.69%, and that the highest exchange rate of 1 WBTC to INDEX was 273,365.16 INDEX and the lowest 24 hour value was 1 WBTC for 257,455.48 INDEX. Last month, 1 WBTC was worth 247,534.11 INDEX. Today, it's up 4.76%. Looking back a year, Wrapped Bitcoin has changed by 96,538.10 INDEX. That means that in a single year, the value of Wrapped Bitcoin has grown by 62.86%.
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.
Index Cooperative Market Stats
INDEX is an Ethereum token that governs Index Cooperative, a protocol for creating custom crypto indexes and structured products. INDEX can be used to vote on the future of the protocol and can be earned by providing liquidity to Index Cooperative products. Note: Coinbase only supports INDEX on the Ethereum blockchain (ERC-20).
Conversion tables
WBTC to INDEX values from Today at 11:32 pm
0.5 WBTC = 129,958.06 INDEX |
1 WBTC = 259,916.12 INDEX |
5 WBTC = 1,299,580.59 INDEX |
10 WBTC = 2,599,161.19 INDEX |
50 WBTC = 12,995,805.93 INDEX |
100 WBTC = 25,991,611.86 INDEX |
500 WBTC = 129,958,059.28 INDEX |
1,000 WBTC = 259,916,118.57 INDEX |
INDEX to WBTC values from Today at 11:33 pm
0.5 INDEX = 0.000001924 WBTC |
1 INDEX = 0.000003847 WBTC |
5 INDEX = 0.00001924 WBTC |
10 INDEX = 0.00003847 WBTC |
50 INDEX = 0.0001924 WBTC |
100 INDEX = 0.0003847 WBTC |
500 INDEX = 0.001924 WBTC |
1,000 INDEX = 0.003847 WBTC |
WBTC to INDEX over time
WBTC | Today | 24H -2.69% | 1M 4.76% | 1Y 62.86% |
|---|---|---|---|---|
0.5 WBTC | 129,958.06 INDEX | 133,460.19 INDEX | 123,767.06 INDEX | 48,269.05 INDEX |
1 WBTC | 259,916.12 INDEX | 266,920.39 INDEX | 247,534.11 INDEX | 96,538.10 INDEX |
5 WBTC | 1,299,580.59 INDEX | 1,334,601.93 INDEX | 1,237,670.56 INDEX | 482,690.49 INDEX |
10 WBTC | 2,599,161.19 INDEX | 2,669,203.86 INDEX | 2,475,341.12 INDEX | 965,380.98 INDEX |
50 WBTC | 12,995,805.93 INDEX | 13,346,019.30 INDEX | 12,376,705.60 INDEX | 4,826,904.92 INDEX |
100 WBTC | 25,991,611.86 INDEX | 26,692,038.59 INDEX | 24,753,411.20 INDEX | 9,653,809.83 INDEX |
500 WBTC | 129,958,059.28 INDEX | 133,460,192.96 INDEX | 123,767,055.99 INDEX | 48,269,049.16 INDEX |
1,000 WBTC | 259,916,118.57 INDEX | 266,920,385.91 INDEX | 247,534,111.97 INDEX | 96,538,098.33 INDEX |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $62,054.97.
Based on the current rate, you could get 0.00001611 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 0.00008057 WBTC. Inversely, 5 WBTC will cost about $310,274.87
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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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.