Convert Wrapped Bitcoin WBTC to MAGIC MAGIC
WBTC to MAGIC: 1 Wrapped Bitcoin converts to 1,256,040.42 MAGIC
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About WBTC and MAGIC
Wrapped Bitcoin is climbing, while MAGIC is falling this week. The current WBTC to MAGIC conversion rate is 1,256,040.42. Inversely, this means that if you convert 1 MAGIC you will get 0.0000007962 WBTC. The conversion rate of WBTC/MAGIC has increased by 1.94% in the last hour (MAGIC/WBTC decreased by 1.94%). In the last 24 hours, WBTC/MAGIC grew by 4.62%, while MAGIC/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 1,256,040.42 MAGIC. In other words, to buy 5 Wrapped Bitcoin, it would cost you 6,280,202.09 MAGIC. Inversely, 1 MAGIC would allow you to trade for 0.0000007962 WBTC while 50 MAGIC would convert to 0.00003981 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.3%. Meanwhile, in the last 24 hours, the rate has changed by 5.25%, and that the highest exchange rate of 1 WBTC to MAGIC was 1,277,268.30 MAGIC and the lowest 24 hour value was 1 WBTC for 1,162,864.23 MAGIC. Last month, 1 WBTC was worth 1,213,257.02 MAGIC. Today, it's up 3.41%. Looking back a year, Wrapped Bitcoin has changed by 846,109.77 MAGIC. That means that in a single year, the value of Wrapped Bitcoin has grown by 32.64%.
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.
MAGIC Market Stats
MAGIC is the native token of Treasure. Treasure develops AI-powered entertainment experiences utilizing MAGIC.
Conversion tables
WBTC to MAGIC values from Today at 9:29 pm
0.5 WBTC = 628,020.21 MAGIC |
1 WBTC = 1,256,040.42 MAGIC |
5 WBTC = 6,280,202.09 MAGIC |
10 WBTC = 12,560,404.17 MAGIC |
50 WBTC = 62,802,020.87 MAGIC |
100 WBTC = 125,604,041.74 MAGIC |
500 WBTC = 628,020,208.68 MAGIC |
1,000 WBTC = 1,256,040,417.36 MAGIC |
MAGIC to WBTC values from Today at 9:31 pm
0.5 MAGIC = 0.0000003981 WBTC |
1 MAGIC = 0.0000007962 WBTC |
5 MAGIC = 0.000003981 WBTC |
10 MAGIC = 0.000007962 WBTC |
50 MAGIC = 0.00003981 WBTC |
100 MAGIC = 0.00007962 WBTC |
500 MAGIC = 0.0003981 WBTC |
1,000 MAGIC = 0.0007962 WBTC |
WBTC to MAGIC over time
WBTC | Today | 24H 5.25% | 1M 3.41% | 1Y 32.64% |
|---|---|---|---|---|
0.5 WBTC | 628,020.21 MAGIC | 595,047.44 MAGIC | 606,628.51 MAGIC | 423,054.89 MAGIC |
1 WBTC | 1,256,040.42 MAGIC | 1,190,094.88 MAGIC | 1,213,257.02 MAGIC | 846,109.77 MAGIC |
5 WBTC | 6,280,202.09 MAGIC | 5,950,474.40 MAGIC | 6,066,285.11 MAGIC | 4,230,548.86 MAGIC |
10 WBTC | 12,560,404.17 MAGIC | 11,900,948.80 MAGIC | 12,132,570.23 MAGIC | 8,461,097.72 MAGIC |
50 WBTC | 62,802,020.87 MAGIC | 59,504,743.98 MAGIC | 60,662,851.14 MAGIC | 42,305,488.58 MAGIC |
100 WBTC | 125,604,041.74 MAGIC | 119,009,487.96 MAGIC | 121,325,702.27 MAGIC | 84,610,977.15 MAGIC |
500 WBTC | 628,020,208.68 MAGIC | 595,047,439.79 MAGIC | 606,628,511.36 MAGIC | 423,054,885.77 MAGIC |
1,000 WBTC | 1,256,040,417.36 MAGIC | 1,190,094,879.59 MAGIC | 1,213,257,022.71 MAGIC | 846,109,771.53 MAGIC |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,430.04.
Based on the current rate, you could get 0.00001577 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 0.00007883 WBTC. Inversely, 5 WBTC will cost about $317,150.21
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.