Convert Based ETH BSDETH to Wrapped Bitcoin WBTC
BSDETH to WBTC: 1 Based ETH converts to 0.03222 WBTC
About BSDETH and WBTC
Based ETH is falling, while Wrapped Bitcoin is climbing this week. The current BSDETH to WBTC conversion rate is 0.03222. Inversely, this means that if you convert 1 WBTC you will get 31.04 BSDETH. The conversion rate of BSDETH/WBTC has decreased by 0.16% in the last hour (WBTC/BSDETH increased by 0.16%). In the last 24 hours, BSDETH/WBTC shrunk by 0.13%, while WBTC/BSDETH grew by 0.13%.
The exchange rate of Based ETH is decreasing. The current value of 1 BSDETH is 0.03222 WBTC. In other words, to buy 5 Based ETH, it would cost you 0.16109 WBTC. Inversely, 1 WBTC would allow you to trade for 31.04 BSDETH while 50 WBTC would convert to 1,551.94 BSDETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.66%. Meanwhile, in the last 24 hours, the rate has changed by 0.12%, which means that the highest exchange rate of 1 BSDETH to WBTC was 0.03269 WBTC and the lowest 24 hour value was 1 BSDETH for 0.03179 WBTC. Last month, 1 BSDETH was worth 0.03374 WBTC. Today, it's down 4.5%. Looking back a year, Based ETH has changed by 0.03449 WBTC. That means that in a single year, the value of Based ETH has shrank by 6.58%.
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 1:20 pm
0.5 BSDETH = 0.01611 WBTC |
1 BSDETH = 0.03222 WBTC |
5 BSDETH = 0.1611 WBTC |
10 BSDETH = 0.3222 WBTC |
50 BSDETH = 1.61 WBTC |
100 BSDETH = 3.22 WBTC |
500 BSDETH = 16.11 WBTC |
1,000 BSDETH = 32.22 WBTC |
WBTC to BSDETH values from Today at 1:19 pm
0.5 WBTC = 15.52 BSDETH |
1 WBTC = 31.04 BSDETH |
5 WBTC = 155.19 BSDETH |
10 WBTC = 310.39 BSDETH |
50 WBTC = 1,551.94 BSDETH |
100 WBTC = 3,103.88 BSDETH |
500 WBTC = 15,519.38 BSDETH |
1,000 WBTC = 31,038.76 BSDETH |
BSDETH to WBTC over time
BSDETH | Today | 24H -0.12% | 1M -4.71% | 1Y -7.04% |
|---|---|---|---|---|
0.5 BSDETH | 0.01611 WBTC | 0.01613 WBTC | 0.01687 WBTC | 0.01724 WBTC |
1 BSDETH | 0.03222 WBTC | 0.03226 WBTC | 0.03374 WBTC | 0.03449 WBTC |
5 BSDETH | 0.1611 WBTC | 0.1613 WBTC | 0.1687 WBTC | 0.1724 WBTC |
10 BSDETH | 0.3222 WBTC | 0.3226 WBTC | 0.3374 WBTC | 0.3449 WBTC |
50 BSDETH | 1.61 WBTC | 1.61 WBTC | 1.69 WBTC | 1.72 WBTC |
100 BSDETH | 3.22 WBTC | 3.23 WBTC | 3.37 WBTC | 3.45 WBTC |
500 BSDETH | 16.11 WBTC | 16.13 WBTC | 16.87 WBTC | 17.24 WBTC |
1,000 BSDETH | 32.22 WBTC | 32.26 WBTC | 33.74 WBTC | 34.49 WBTC |
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