Convert Wrapped Bitcoin WBTC to Polygon MATIC
WBTC to MATIC: 1 Wrapped Bitcoin converts to 737,632.45 MATIC
About WBTC and MATIC
Wrapped Bitcoin is falling, while Polygon is climbing this week. The current WBTC to MATIC conversion rate is 737,632.45. Inversely, this means that if you convert 1 MATIC you will get 0.000001356 WBTC. The conversion rate of WBTC/MATIC has increased by 0.09% in the last hour (MATIC/WBTC decreased by 0.09%). In the last 24 hours, WBTC/MATIC shrunk by 0.04%, while MATIC/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 737,632.45 MATIC. In other words, to buy 5 Wrapped Bitcoin, it would cost you 3,688,162.26 MATIC. Inversely, 1 MATIC would allow you to trade for 0.000001356 WBTC while 50 MATIC would convert to 0.00006778 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.53%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, which means that the highest exchange rate of 1 WBTC to MATIC was 740,937.88 MATIC and the lowest 24 hour value was 1 WBTC for 714,572.89 MATIC. Last month, 1 WBTC was worth 901,157.98 MATIC. Today, it's down 22.17%. Looking back a year, Wrapped Bitcoin has changed by 423,223.06 MATIC. That means that in a single year, the value of Wrapped Bitcoin has grown by 42.62%.
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 11:05 am
0.5 WBTC = 368,816.23 MATIC |
1 WBTC = 737,632.45 MATIC |
5 WBTC = 3,688,162.26 MATIC |
10 WBTC = 7,376,324.53 MATIC |
50 WBTC = 36,881,622.63 MATIC |
100 WBTC = 73,763,245.26 MATIC |
500 WBTC = 368,816,226.28 MATIC |
1,000 WBTC = 737,632,452.56 MATIC |
MATIC to WBTC values from Today at 11:05 am
0.5 MATIC = 0.0000006778 WBTC |
1 MATIC = 0.000001356 WBTC |
5 MATIC = 0.000006778 WBTC |
10 MATIC = 0.00001356 WBTC |
50 MATIC = 0.00006778 WBTC |
100 MATIC = 0.0001356 WBTC |
500 MATIC = 0.0006778 WBTC |
1,000 MATIC = 0.001356 WBTC |
WBTC to MATIC over time
WBTC | Today | 24H 0.51% | 1M -22.17% | 1Y 42.62% |
|---|---|---|---|---|
0.5 WBTC | 368,816.23 MATIC | 366,952.87 MATIC | 450,578.99 MATIC | 211,611.53 MATIC |
1 WBTC | 737,632.45 MATIC | 733,905.74 MATIC | 901,157.98 MATIC | 423,223.06 MATIC |
5 WBTC | 3,688,162.26 MATIC | 3,669,528.68 MATIC | 4,505,789.91 MATIC | 2,116,115.31 MATIC |
10 WBTC | 7,376,324.53 MATIC | 7,339,057.37 MATIC | 9,011,579.82 MATIC | 4,232,230.62 MATIC |
50 WBTC | 36,881,622.63 MATIC | 36,695,286.83 MATIC | 45,057,899.09 MATIC | 21,161,153.10 MATIC |
100 WBTC | 73,763,245.26 MATIC | 73,390,573.66 MATIC | 90,115,798.17 MATIC | 42,322,306.19 MATIC |
500 WBTC | 368,816,226.28 MATIC | 366,952,868.32 MATIC | 450,578,990.86 MATIC | 211,611,530.96 MATIC |
1,000 WBTC | 737,632,452.56 MATIC | 733,905,736.65 MATIC | 901,157,981.71 MATIC | 423,223,061.93 MATIC |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $77,584.18.
Based on the current rate, you could get 0.00001289 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 increased. 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 0.00006445 WBTC. Inversely, 5 WBTC will cost about $387,920.91
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 Wrapped Beacon ETH, WETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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