Convert Wrapped Bitcoin WBTC to Unisocks SOCKS
WBTC to SOCKS: 1 Wrapped Bitcoin converts to 11.78 SOCKS
About WBTC and SOCKS
Wrapped Bitcoin is climbing, while Unisocks is falling this week. The current WBTC to SOCKS conversion rate is 11.78. Inversely, this means that if you convert 1 SOCKS you will get 0.08489 WBTC. The conversion rate of WBTC/SOCKS has decreased by 0.29% in the last hour (SOCKS/WBTC increased by 0.29%). In the last 24 hours, WBTC/SOCKS grew by 1.69%, while SOCKS/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 11.78 SOCKS. In other words, to buy 5 Wrapped Bitcoin, it would cost you 58.90 SOCKS. Inversely, 1 SOCKS would allow you to trade for 0.08489 WBTC while 50 SOCKS would convert to 4.24 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.19%. Meanwhile, in the last 24 hours, the rate has changed by 0.81%, which means that the highest exchange rate of 1 WBTC to SOCKS was 11.89 SOCKS and the lowest 24 hour value was 1 WBTC for 11.61 SOCKS. Last month, 1 WBTC was worth 10.09 SOCKS. Today, it's up 14.37%. Looking back a year, Wrapped Bitcoin has changed by 7.71 SOCKS. That means that in a single year, the value of Wrapped Bitcoin has grown by 34.56%.
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.
Unisocks Market Stats
$SOCKS is a token that entitles you to 1 real pair of limited edition socks, shipped anywhere in the world. You can sell the token back at any time. To get a real pair, redeem a $SOCKS token. $SOCKS tokens are listed starting at $12 USD. Each buy/sell will move the price. The increase or decrease follows a bonding curve. $SOCKS will eventually find an equillibrium based on market demand. Buying or selling socks uses the uniswap protocol and accepts any token input as a payment method. The pool of SOCKS is a uniswap pool where 500 SOCKS tokens were deposited along with the starting value of ETH.
Conversion tables
WBTC to SOCKS values from Today at 10:27 pm
0.5 WBTC = 5.89 SOCKS |
1 WBTC = 11.78 SOCKS |
5 WBTC = 58.90 SOCKS |
10 WBTC = 117.79 SOCKS |
50 WBTC = 588.97 SOCKS |
100 WBTC = 1,177.94 SOCKS |
500 WBTC = 5,889.69 SOCKS |
1,000 WBTC = 11,779.39 SOCKS |
SOCKS to WBTC values from Today at 10:28 pm
0.5 SOCKS = 0.04245 WBTC |
1 SOCKS = 0.08489 WBTC |
5 SOCKS = 0.4245 WBTC |
10 SOCKS = 0.8489 WBTC |
50 SOCKS = 4.24 WBTC |
100 SOCKS = 8.49 WBTC |
500 SOCKS = 42.45 WBTC |
1,000 SOCKS = 84.89 WBTC |
WBTC to SOCKS over time
WBTC | Today | 24H 0.81% | 1M 14.37% | 1Y 34.56% |
|---|---|---|---|---|
0.5 WBTC | 5.89 SOCKS | 5.84 SOCKS | 5.04 SOCKS | 3.85 SOCKS |
1 WBTC | 11.78 SOCKS | 11.68 SOCKS | 10.09 SOCKS | 7.71 SOCKS |
5 WBTC | 58.90 SOCKS | 58.42 SOCKS | 50.43 SOCKS | 38.54 SOCKS |
10 WBTC | 117.79 SOCKS | 116.84 SOCKS | 100.86 SOCKS | 77.08 SOCKS |
50 WBTC | 588.97 SOCKS | 584.21 SOCKS | 504.31 SOCKS | 385.41 SOCKS |
100 WBTC | 1,177.94 SOCKS | 1,168.43 SOCKS | 1,008.63 SOCKS | 770.82 SOCKS |
500 WBTC | 5,889.69 SOCKS | 5,842.14 SOCKS | 5,043.13 SOCKS | 3,854.10 SOCKS |
1,000 WBTC | 11,779.39 SOCKS | 11,684.29 SOCKS | 10,086.25 SOCKS | 7,708.19 SOCKS |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,334.84.
Based on the current rate, you could get 0.00001579 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 0.00007895 WBTC. Inversely, 5 WBTC will cost about $316,674.19
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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