Convert Wrapped Bitcoin WBTC to PAX Gold PAXG
WBTC to PAXG: 1 Wrapped Bitcoin converts to 15.84 PAXG
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About WBTC and PAXG
Wrapped Bitcoin is climbing, while PAX Gold is falling this week. The current WBTC to PAXG conversion rate is 15.84. Inversely, this means that if you convert 1 PAXG you will get 0.06314 WBTC. The conversion rate of WBTC/PAXG has increased by 0.27% in the last hour (PAXG/WBTC decreased by 0.27%). In the last 24 hours, WBTC/PAXG grew by 0.85%, while PAXG/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 15.84 PAXG. In other words, to buy 5 Wrapped Bitcoin, it would cost you 79.19 PAXG. Inversely, 1 PAXG would allow you to trade for 0.06314 WBTC while 50 PAXG would convert to 3.16 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.14%. Meanwhile, in the last 24 hours, the rate has changed by 0.98%, and that the highest exchange rate of 1 WBTC to PAXG was 15.95 PAXG and the lowest 24 hour value was 1 WBTC for 15.61 PAXG. Last month, 1 WBTC was worth 14.77 PAXG. Today, it's up 6.71%. Looking back a year, Wrapped Bitcoin has changed by 34.45 PAXG. That means that in a single year, the value of Wrapped Bitcoin has shrank by 117.54%.
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.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
Conversion tables
WBTC to PAXG values from Today at 12:50 am
0.5 WBTC = 7.92 PAXG |
1 WBTC = 15.84 PAXG |
5 WBTC = 79.19 PAXG |
10 WBTC = 158.38 PAXG |
50 WBTC = 791.89 PAXG |
100 WBTC = 1,583.79 PAXG |
500 WBTC = 7,918.94 PAXG |
1,000 WBTC = 15,837.87 PAXG |
PAXG to WBTC values from Today at 12:53 am
0.5 PAXG = 0.03157 WBTC |
1 PAXG = 0.06314 WBTC |
5 PAXG = 0.3157 WBTC |
10 PAXG = 0.6314 WBTC |
50 PAXG = 3.16 WBTC |
100 PAXG = 6.31 WBTC |
500 PAXG = 31.57 WBTC |
1,000 PAXG = 63.14 WBTC |
WBTC to PAXG over time
WBTC | Today | 24H 0.98% | 1M 6.71% | 1Y -117.54% |
|---|---|---|---|---|
0.5 WBTC | 7.92 PAXG | 7.84 PAXG | 7.39 PAXG | 17.23 PAXG |
1 WBTC | 15.84 PAXG | 15.68 PAXG | 14.77 PAXG | 34.45 PAXG |
5 WBTC | 79.19 PAXG | 78.41 PAXG | 73.87 PAXG | 172.27 PAXG |
10 WBTC | 158.38 PAXG | 156.82 PAXG | 147.74 PAXG | 344.53 PAXG |
50 WBTC | 791.89 PAXG | 784.11 PAXG | 738.72 PAXG | 1,722.65 PAXG |
100 WBTC | 1,583.79 PAXG | 1,568.22 PAXG | 1,477.44 PAXG | 3,445.31 PAXG |
500 WBTC | 7,918.94 PAXG | 7,841.10 PAXG | 7,387.19 PAXG | 17,226.54 PAXG |
1,000 WBTC | 15,837.87 PAXG | 15,682.20 PAXG | 14,774.38 PAXG | 34,453.08 PAXG |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,726.45.
Based on the current rate, you could get 0.00001545 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 0.00007725 WBTC. Inversely, 5 WBTC will cost about $323,632.24
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.