Convert Wrapped Bitcoin WBTC to Coinbase Wrapped Staked ETH CBETH
WBTC to CBETH: 1 Wrapped Bitcoin converts to 30.01 CBETH
About WBTC and cbETH
Wrapped Bitcoin is falling, while Coinbase Wrapped Staked ETH is climbing this week. The current WBTC to cbETH conversion rate is 30.01. Inversely, this means that if you convert 1 cbETH you will get 0.03332 WBTC. The conversion rate of WBTC/cbETH has decreased by 0.16% in the last hour (cbETH/WBTC increased by 0.16%). In the last 24 hours, WBTC/cbETH shrunk by 0.05%, while cbETH/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 30.01 cbETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 150.06 cbETH. Inversely, 1 cbETH would allow you to trade for 0.03332 WBTC while 50 cbETH would convert to 1.67 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.11%. Meanwhile, in the last 24 hours, the rate has changed by 0.41%, which means that the highest exchange rate of 1 WBTC to cbETH was 30.29 cbETH and the lowest 24 hour value was 1 WBTC for 29.61 cbETH. Last month, 1 WBTC was worth 33.17 cbETH. Today, it's down 10.52%. Looking back a year, Wrapped Bitcoin has changed by 28.95 cbETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 3.53%.
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.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
Conversion tables
WBTC to CBETH values from Today at 11:28 am
0.5 WBTC = 15.01 CBETH |
1 WBTC = 30.01 CBETH |
5 WBTC = 150.06 CBETH |
10 WBTC = 300.13 CBETH |
50 WBTC = 1,500.63 CBETH |
100 WBTC = 3,001.25 CBETH |
500 WBTC = 15,006.25 CBETH |
1,000 WBTC = 30,012.50 CBETH |
CBETH to WBTC values from Today at 11:31 am
0.5 CBETH = 0.01666 WBTC |
1 CBETH = 0.03332 WBTC |
5 CBETH = 0.1666 WBTC |
10 CBETH = 0.3332 WBTC |
50 CBETH = 1.67 WBTC |
100 CBETH = 3.33 WBTC |
500 CBETH = 16.66 WBTC |
1,000 CBETH = 33.32 WBTC |
WBTC to CBETH over time
WBTC | Today | 24H -0.41% | 1M -10.52% | 1Y 3.53% |
|---|---|---|---|---|
0.5 WBTC | 15.01 CBETH | 15.07 CBETH | 16.59 CBETH | 14.48 CBETH |
1 WBTC | 30.01 CBETH | 30.14 CBETH | 33.17 CBETH | 28.95 CBETH |
5 WBTC | 150.06 CBETH | 150.68 CBETH | 165.85 CBETH | 144.77 CBETH |
10 WBTC | 300.13 CBETH | 301.36 CBETH | 331.71 CBETH | 289.54 CBETH |
50 WBTC | 1,500.63 CBETH | 1,506.79 CBETH | 1,658.54 CBETH | 1,447.71 CBETH |
100 WBTC | 3,001.25 CBETH | 3,013.58 CBETH | 3,317.07 CBETH | 2,895.42 CBETH |
500 WBTC | 15,006.25 CBETH | 15,067.89 CBETH | 16,585.37 CBETH | 14,477.11 CBETH |
1,000 WBTC | 30,012.50 CBETH | 30,135.77 CBETH | 33,170.75 CBETH | 28,954.23 CBETH |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about CA$92,324.49.
Based on the current rate, you could get 0.00001083 WBTC for 1 CAD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. 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 CAD calculator at the top of this page to convert any amount of WBTC to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 0.00005416 WBTC. Inversely, 5 WBTC will cost about CA$461,622.43
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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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.