Convert Based ETH BSDETH to Wrapped Bitcoin WBTC
BSDETH to WBTC: 1 Based ETH converts to 0.03239 WBTC
About BSDETH and WBTC
Based ETH is climbing, while Wrapped Bitcoin is falling this week. The current BSDETH to WBTC conversion rate is 0.03239. Inversely, this means that if you convert 1 WBTC you will get 30.87 BSDETH. The conversion rate of BSDETH/WBTC has increased by 0.54% in the last hour (WBTC/BSDETH decreased by 0.54%). In the last 24 hours, BSDETH/WBTC grew by 0.5%, while WBTC/BSDETH shrunk by the same amount.
The exchange rate of Based ETH is increasing. The current value of 1 BSDETH is 0.03239 WBTC. In other words, to buy 5 Based ETH, it would cost you 0.16195 WBTC. Inversely, 1 WBTC would allow you to trade for 30.87 BSDETH while 50 WBTC would convert to 1,543.72 BSDETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, which means that the highest exchange rate of 1 BSDETH to WBTC was 0.0325 WBTC and the lowest 24 hour value was 1 BSDETH for 0.03186 WBTC. Last month, 1 BSDETH was worth 0.02836 WBTC. Today, it's up 12.43%. Looking back a year, Based ETH has changed by 0.03327 WBTC. That means that in a single year, the value of Based ETH has shrank by 2.72%.
Based ETH Market Stats
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification. About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
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.
Conversion tables
BSDETH to WBTC values from Today at 7:09 pm
0.5 BSDETH = 0.01619 WBTC |
1 BSDETH = 0.03239 WBTC |
5 BSDETH = 0.1619 WBTC |
10 BSDETH = 0.3239 WBTC |
50 BSDETH = 1.62 WBTC |
100 BSDETH = 3.24 WBTC |
500 BSDETH = 16.19 WBTC |
1,000 BSDETH = 32.39 WBTC |
WBTC to BSDETH values from Today at 7:06 pm
0.5 WBTC = 15.44 BSDETH |
1 WBTC = 30.87 BSDETH |
5 WBTC = 154.37 BSDETH |
10 WBTC = 308.74 BSDETH |
50 WBTC = 1,543.72 BSDETH |
100 WBTC = 3,087.44 BSDETH |
500 WBTC = 15,437.22 BSDETH |
1,000 WBTC = 30,874.45 BSDETH |
BSDETH to WBTC over time
BSDETH | Today | 24H 0.35% | 1M 12.43% | 1Y -2.72% |
|---|---|---|---|---|
0.5 BSDETH | 0.01619 WBTC | 0.01614 WBTC | 0.01418 WBTC | 0.01664 WBTC |
1 BSDETH | 0.03239 WBTC | 0.03227 WBTC | 0.02836 WBTC | 0.03327 WBTC |
5 BSDETH | 0.1619 WBTC | 0.1614 WBTC | 0.1418 WBTC | 0.1664 WBTC |
10 BSDETH | 0.3239 WBTC | 0.3227 WBTC | 0.2836 WBTC | 0.3327 WBTC |
50 BSDETH | 1.62 WBTC | 1.61 WBTC | 1.42 WBTC | 1.66 WBTC |
100 BSDETH | 3.24 WBTC | 3.23 WBTC | 2.84 WBTC | 3.33 WBTC |
500 BSDETH | 16.19 WBTC | 16.14 WBTC | 14.18 WBTC | 16.64 WBTC |
1,000 BSDETH | 32.39 WBTC | 32.27 WBTC | 28.36 WBTC | 33.27 WBTC |
Frequently asked questions
Right now, 1 Based ETH is worth about CA$2,909.88.
Based on the current rate, you could get 0.0003437 BSDETH for 1 CAD.
Based ETH price has been declining. Since yesterday, the exchange rate of Based ETH has decreased. Since last month, the exchange rate of Based ETH has increased. Since this time last year, the price of Based ETH has decreased.
You can use our BSDETH to CAD calculator at the top of this page to convert any amount of BSDETH to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 0.001718 BSDETH. Inversely, 5 BSDETH will cost about CA$14,549.38
Based ETH can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Based ETH.
There are a number of crypto assets that have the a similar or comparable market cap to Based ETH, including Nitro Network, Santiment Network Token, and Fusion. For a more robust list of assets to explore, jump to the asset page dedicated to Based ETH.
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