Convert Wrapped Bitcoin WBTC to Phoenix PHB
1 WBTC converts to 9,750,040.82 PHB
About WBTC and PHB
Wrapped Bitcoin is falling, while Phoenix is climbing this week. The current WBTC to PHB conversion rate is 9,750,040.82. Inversely, this means that if you convert 1 PHB you will get 0.0000001026 WBTC. The conversion rate of WBTC/PHB has increased by 76.37% in the last hour (PHB/WBTC decreased by 76.37%). In the last 24 hours, WBTC/PHB shrunk by 14.93%, while PHB/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 9,750,040.82 PHB. In other words, to buy 5 Wrapped Bitcoin, it would cost you 48,750,204.12 PHB. Inversely, 1 PHB would allow you to trade for 0.0000001026 WBTC while 50 PHB would convert to 0.000005128 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 53.64%. Meanwhile, in the last 24 hours, the rate has changed by 15.38%, which means that the highest exchange rate of 1 WBTC to PHB was 14,643,639.33 PHB and the lowest 24 hour value was 1 WBTC for 5,010,523.02 PHB. Last month, 1 WBTC was worth 714,123.34 PHB. Today, it's up 92.68%. Looking back a year, Wrapped Bitcoin has changed by 213,651.66 PHB. That means that in a single year, the value of Wrapped Bitcoin has grown by 97.81%.
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.
Phoenix Market Stats
Phoenix is a Layer 1 and Layer 2 blockchain infrastructure, empowering intelligent Web3 applications, focusing on the next generation of AI & Privacy-Enabled Web3 Apps. Phoenix (PHB) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform.
Conversion tables
WBTC to PHB values from Today at 4:54 pm
0.5 WBTC = 4,875,020.41 PHB |
1 WBTC = 9,750,040.82 PHB |
5 WBTC = 48,750,204.12 PHB |
10 WBTC = 97,500,408.25 PHB |
50 WBTC = 487,502,041.23 PHB |
100 WBTC = 975,004,082.46 PHB |
500 WBTC = 4,875,020,412.28 PHB |
1,000 WBTC = 9,750,040,824.55 PHB |
PHB to WBTC values from Today at 4:56 pm
0.5 PHB = 0.00000005128 WBTC |
1 PHB = 0.0000001026 WBTC |
5 PHB = 0.0000005128 WBTC |
10 PHB = 0.000001026 WBTC |
50 PHB = 0.000005128 WBTC |
100 PHB = 0.00001026 WBTC |
500 PHB = 0.00005128 WBTC |
1,000 PHB = 0.0001026 WBTC |
WBTC to PHB over time
WBTC | Today | 24H -15.38% | 1M 92.68% | 1Y 97.81% |
|---|---|---|---|---|
0.5 WBTC | 4,875,020.41 PHB | 5,624,909.02 PHB | 357,061.67 PHB | 106,825.83 PHB |
1 WBTC | 9,750,040.82 PHB | 11,249,818.04 PHB | 714,123.34 PHB | 213,651.66 PHB |
5 WBTC | 48,750,204.12 PHB | 56,249,090.18 PHB | 3,570,616.69 PHB | 1,068,258.32 PHB |
10 WBTC | 97,500,408.25 PHB | 112,498,180.35 PHB | 7,141,233.38 PHB | 2,136,516.64 PHB |
50 WBTC | 487,502,041.23 PHB | 562,490,901.75 PHB | 35,706,166.91 PHB | 10,682,583.21 PHB |
100 WBTC | 975,004,082.46 PHB | 1,124,981,803.50 PHB | 71,412,333.82 PHB | 21,365,166.43 PHB |
500 WBTC | 4,875,020,412.28 PHB | 5,624,909,017.52 PHB | 357,061,669.09 PHB | 106,825,832.15 PHB |
1,000 WBTC | 9,750,040,824.55 PHB | 11,249,818,035.04 PHB | 714,123,338.18 PHB | 213,651,664.29 PHB |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $62,047.86.
Based on the current rate, you could get 0.00001612 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 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 0.00008058 WBTC. Inversely, 5 WBTC will cost about $310,239.31
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 Citrea (citrea.vip), Lido wstETH, and Wrapped Beacon ETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
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.