Convert Wrapped Bitcoin WBTC to Bitcoin BTC
WBTC to BTC: 1 Wrapped Bitcoin converts to 0.9981 BTC
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About WBTC and BTC
Wrapped Bitcoin is climbing, while Bitcoin is falling this week. The current WBTC to BTC conversion rate is 0.9981. Inversely, this means that if you convert 1 BTC you will get 1.00 WBTC. The conversion rate of WBTC/BTC has increased by 0.01% in the last hour (BTC/WBTC decreased by 0.01%). In the last 24 hours, WBTC/BTC grew by 0.28%, while BTC/WBTC shrunk by 0.27%.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 0.9981 BTC. In other words, to buy 5 Wrapped Bitcoin, it would cost you 4.9903 BTC. Inversely, 1 BTC would allow you to trade for 1.00 WBTC while 50 BTC would convert to 50.10 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.23%, which means that the highest exchange rate of 1 WBTC to BTC was 1.00 BTC and the lowest 24 hour value was 1 WBTC for 0.994 BTC. Last month, 1 WBTC was worth 1.00 BTC. Today, it's down 0.53%. Looking back a year, Wrapped Bitcoin has changed by 0.9997 BTC. That means that in a single year, the value of Wrapped Bitcoin has shrank by 0.16%.
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.
Bitcoin Market Stats
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Conversion tables
WBTC to BTC values from Today at 2:18 pm
0.5 WBTC = 0.499 BTC |
1 WBTC = 0.9981 BTC |
5 WBTC = 4.99 BTC |
10 WBTC = 9.98 BTC |
50 WBTC = 49.90 BTC |
100 WBTC = 99.81 BTC |
500 WBTC = 499.03 BTC |
1,000 WBTC = 998.05 BTC |
BTC to WBTC values from Today at 2:20 pm
0.5 BTC = 0.501 WBTC |
1 BTC = 1.00 WBTC |
5 BTC = 5.01 WBTC |
10 BTC = 10.02 WBTC |
50 BTC = 50.10 WBTC |
100 BTC = 100.20 WBTC |
500 BTC = 500.98 WBTC |
1,000 BTC = 1,001.95 WBTC |
WBTC to BTC over time
WBTC | Today | 24H 0.22% | 1M -0.53% | 1Y -0.16% |
|---|---|---|---|---|
0.5 WBTC | 0.499 BTC | 0.4979 BTC | 0.5017 BTC | 0.4998 BTC |
1 WBTC | 0.9981 BTC | 0.9958 BTC | 1.00 BTC | 0.9997 BTC |
5 WBTC | 4.99 BTC | 4.98 BTC | 5.02 BTC | 5.00 BTC |
10 WBTC | 9.98 BTC | 9.96 BTC | 10.03 BTC | 10.00 BTC |
50 WBTC | 49.90 BTC | 49.79 BTC | 50.17 BTC | 49.98 BTC |
100 WBTC | 99.81 BTC | 99.58 BTC | 100.34 BTC | 99.97 BTC |
500 WBTC | 499.03 BTC | 497.91 BTC | 501.68 BTC | 499.84 BTC |
1,000 WBTC | 998.05 BTC | 995.81 BTC | 1,003.35 BTC | 999.67 BTC |
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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.