Convert Wrapped Bitcoin WBTC to Voucher DOT VDOT
WBTC to VDOT: 1 Wrapped Bitcoin converts to 47,012.79 VDOT
About WBTC and VDOT
Wrapped Bitcoin is climbing, while Voucher DOT is falling this week. The current WBTC to VDOT conversion rate is 47,012.79. Inversely, this means that if you convert 1 VDOT you will get 0.00002127 WBTC. The conversion rate of WBTC/VDOT has increased by 0.33% in the last hour (VDOT/WBTC decreased by 0.33%). In the last 24 hours, WBTC/VDOT grew by 1.4%, while VDOT/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 47,012.79 VDOT. In other words, to buy 5 Wrapped Bitcoin, it would cost you 235,063.96 VDOT. Inversely, 1 VDOT would allow you to trade for 0.00002127 WBTC while 50 VDOT would convert to 0.001064 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.19%. Meanwhile, in the last 24 hours, the rate has changed by 1.35%, which means that the highest exchange rate of 1 WBTC to VDOT was 47,391.85 VDOT and the lowest 24 hour value was 1 WBTC for 46,344.44 VDOT. Last month, 1 WBTC was worth 40,435.34 VDOT. Today, it's up 13.99%. Looking back a year, Wrapped Bitcoin has changed by 17,180.72 VDOT. That means that in a single year, the value of Wrapped Bitcoin has grown by 63.46%.
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.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
WBTC to VDOT values from Today at 9:43 am
0.5 WBTC = 23,506.40 VDOT |
1 WBTC = 47,012.79 VDOT |
5 WBTC = 235,063.96 VDOT |
10 WBTC = 470,127.91 VDOT |
50 WBTC = 2,350,639.56 VDOT |
100 WBTC = 4,701,279.12 VDOT |
500 WBTC = 23,506,395.60 VDOT |
1,000 WBTC = 47,012,791.20 VDOT |
VDOT to WBTC values from Today at 9:45 am
0.5 VDOT = 0.00001064 WBTC |
1 VDOT = 0.00002127 WBTC |
5 VDOT = 0.0001064 WBTC |
10 VDOT = 0.0002127 WBTC |
50 VDOT = 0.001064 WBTC |
100 VDOT = 0.002127 WBTC |
500 VDOT = 0.01064 WBTC |
1,000 VDOT = 0.02127 WBTC |
WBTC to VDOT over time
WBTC | Today | 24H 1.35% | 1M 13.99% | 1Y 63.46% |
|---|---|---|---|---|
0.5 WBTC | 23,506.40 VDOT | 23,188.71 VDOT | 20,217.67 VDOT | 8,590.36 VDOT |
1 WBTC | 47,012.79 VDOT | 46,377.41 VDOT | 40,435.34 VDOT | 17,180.72 VDOT |
5 WBTC | 235,063.96 VDOT | 231,887.07 VDOT | 202,176.68 VDOT | 85,903.58 VDOT |
10 WBTC | 470,127.91 VDOT | 463,774.14 VDOT | 404,353.36 VDOT | 171,807.16 VDOT |
50 WBTC | 2,350,639.56 VDOT | 2,318,870.72 VDOT | 2,021,766.82 VDOT | 859,035.80 VDOT |
100 WBTC | 4,701,279.12 VDOT | 4,637,741.43 VDOT | 4,043,533.65 VDOT | 1,718,071.59 VDOT |
500 WBTC | 23,506,395.60 VDOT | 23,188,707.17 VDOT | 20,217,668.23 VDOT | 8,590,357.97 VDOT |
1,000 WBTC | 47,012,791.20 VDOT | 46,377,414.34 VDOT | 40,435,336.46 VDOT | 17,180,715.94 VDOT |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,467.69.
Based on the current rate, you could get 0.00001551 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 0.00007756 WBTC. Inversely, 5 WBTC will cost about $322,338.44
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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