Convert Wrapped Bitcoin WBTC to Magic Eden ME
WBTC to ME: 1 Wrapped Bitcoin converts to 1,018,077.38 ME
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About WBTC and ME
Wrapped Bitcoin is falling, while Magic Eden is climbing this week. The current WBTC to ME conversion rate is 1,018,077.38. Inversely, this means that if you convert 1 ME you will get 0.0000009822 WBTC. The conversion rate of WBTC/ME has decreased by 0.26% in the last hour (ME/WBTC increased by 0.26%). In the last 24 hours, WBTC/ME shrunk by 3.36%, while ME/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 1,018,077.38 ME. In other words, to buy 5 Wrapped Bitcoin, it would cost you 5,090,386.89 ME. Inversely, 1 ME would allow you to trade for 0.0000009822 WBTC while 50 ME would convert to 0.00004911 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.51%. Meanwhile, in the last 24 hours, the rate has changed by 4.04%, which means that the highest exchange rate of 1 WBTC to ME was 1,062,807.27 ME and the lowest 24 hour value was 1 WBTC for 1,017,285.25 ME. Last month, 1 WBTC was worth 1,007,095.09 ME. Today, it's up 1.08%. Looking back a year, Wrapped Bitcoin has changed by 122,215.71 ME. That means that in a single year, the value of Wrapped Bitcoin has grown by 88%.
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 Eden Market Stats
ME is the governance token for Magic Eden, a multi-chain NFT and fungible marketplace built on on Bitcoin, Solana, and EVM networks. In addition to governance, ME can also be used to list or purchase NFTs on Magic Eden.
Conversion tables
WBTC to ME values from Today at 7:55 am
0.5 WBTC = 509,038.69 ME |
1 WBTC = 1,018,077.38 ME |
5 WBTC = 5,090,386.89 ME |
10 WBTC = 10,180,773.77 ME |
50 WBTC = 50,903,868.86 ME |
100 WBTC = 101,807,737.72 ME |
500 WBTC = 509,038,688.58 ME |
1,000 WBTC = 1,018,077,377.16 ME |
ME to WBTC values from Today at 7:56 am
0.5 ME = 0.0000004911 WBTC |
1 ME = 0.0000009822 WBTC |
5 ME = 0.000004911 WBTC |
10 ME = 0.000009822 WBTC |
50 ME = 0.00004911 WBTC |
100 ME = 0.00009822 WBTC |
500 ME = 0.0004911 WBTC |
1,000 ME = 0.0009822 WBTC |
WBTC to ME over time
WBTC | Today | 24H -4.04% | 1M 1.08% | 1Y 88.00% |
|---|---|---|---|---|
0.5 WBTC | 509,038.69 ME | 529,600.57 ME | 503,547.55 ME | 61,107.86 ME |
1 WBTC | 1,018,077.38 ME | 1,059,201.14 ME | 1,007,095.09 ME | 122,215.71 ME |
5 WBTC | 5,090,386.89 ME | 5,296,005.71 ME | 5,035,475.45 ME | 611,078.56 ME |
10 WBTC | 10,180,773.77 ME | 10,592,011.43 ME | 10,070,950.90 ME | 1,222,157.13 ME |
50 WBTC | 50,903,868.86 ME | 52,960,057.14 ME | 50,354,754.52 ME | 6,110,785.63 ME |
100 WBTC | 101,807,737.72 ME | 105,920,114.28 ME | 100,709,509.04 ME | 12,221,571.26 ME |
500 WBTC | 509,038,688.58 ME | 529,600,571.38 ME | 503,547,545.19 ME | 61,107,856.29 ME |
1,000 WBTC | 1,018,077,377.16 ME | 1,059,201,142.75 ME | 1,007,095,090.38 ME | 122,215,712.58 ME |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $66,073.22.
Based on the current rate, you could get 0.00001513 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 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 0.00007567 WBTC. Inversely, 5 WBTC will cost about $330,366.11
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.