Convert Wrapped Bitcoin WBTC to Polygon MATIC
WBTC to MATIC: 1 Wrapped Bitcoin converts to 867,771.12 MATIC
About WBTC and MATIC
Wrapped Bitcoin is falling, while Polygon is climbing this week. The current WBTC to MATIC conversion rate is 867,771.12. Inversely, this means that if you convert 1 MATIC you will get 0.000001152 WBTC. The conversion rate of WBTC/MATIC has decreased by 0.04% in the last hour (MATIC/WBTC increased by 0.04%). In the last 24 hours, WBTC/MATIC shrunk by 1.73%, while MATIC/WBTC grew by 1.76%.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 867,771.12 MATIC. In other words, to buy 5 Wrapped Bitcoin, it would cost you 4,338,855.60 MATIC. Inversely, 1 MATIC would allow you to trade for 0.000001152 WBTC while 50 MATIC would convert to 0.00005762 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.89%. Meanwhile, in the last 24 hours, the rate has changed by 1.66%, which means that the highest exchange rate of 1 WBTC to MATIC was 883,350.47 MATIC and the lowest 24 hour value was 1 WBTC for 859,201.09 MATIC. Last month, 1 WBTC was worth 747,264.80 MATIC. Today, it's up 16.13%. Looking back a year, Wrapped Bitcoin has changed by 569,276.19 MATIC. That means that in a single year, the value of Wrapped Bitcoin has grown by 52.43%.
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.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Conversion tables
WBTC to MATIC values from Today at 11:36 am
0.5 WBTC = 433,885.56 MATIC |
1 WBTC = 867,771.12 MATIC |
5 WBTC = 4,338,855.60 MATIC |
10 WBTC = 8,677,711.19 MATIC |
50 WBTC = 43,388,555.95 MATIC |
100 WBTC = 86,777,111.91 MATIC |
500 WBTC = 433,885,559.55 MATIC |
1,000 WBTC = 867,771,119.09 MATIC |
MATIC to WBTC values from Today at 11:38 am
0.5 MATIC = 0.0000005762 WBTC |
1 MATIC = 0.000001152 WBTC |
5 MATIC = 0.000005762 WBTC |
10 MATIC = 0.00001152 WBTC |
50 MATIC = 0.00005762 WBTC |
100 MATIC = 0.0001152 WBTC |
500 MATIC = 0.0005762 WBTC |
1,000 MATIC = 0.001152 WBTC |
WBTC to MATIC over time
WBTC | Today | 24H -1.68% | 1M 13.89% | 1Y 34.40% |
|---|---|---|---|---|
0.5 WBTC | 433,885.56 MATIC | 441,188.42 MATIC | 373,632.40 MATIC | 284,638.09 MATIC |
1 WBTC | 867,771.12 MATIC | 882,376.84 MATIC | 747,264.80 MATIC | 569,276.19 MATIC |
5 WBTC | 4,338,855.60 MATIC | 4,411,884.19 MATIC | 3,736,324.00 MATIC | 2,846,380.94 MATIC |
10 WBTC | 8,677,711.19 MATIC | 8,823,768.38 MATIC | 7,472,647.99 MATIC | 5,692,761.88 MATIC |
50 WBTC | 43,388,555.95 MATIC | 44,118,841.88 MATIC | 37,363,239.96 MATIC | 28,463,809.42 MATIC |
100 WBTC | 86,777,111.91 MATIC | 88,237,683.75 MATIC | 74,726,479.93 MATIC | 56,927,618.84 MATIC |
500 WBTC | 433,885,559.55 MATIC | 441,188,418.77 MATIC | 373,632,399.63 MATIC | 284,638,094.19 MATIC |
1,000 WBTC | 867,771,119.09 MATIC | 882,376,837.54 MATIC | 747,264,799.26 MATIC | 569,276,188.38 MATIC |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Explore other stocks
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.