Convert MAGIC MAGIC to Wrapped Bitcoin WBTC
MAGIC to WBTC: 1 MAGIC converts to 0.0000005754 WBTC
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About MAGIC and WBTC
MAGIC is falling, while Wrapped Bitcoin is climbing this week. The current MAGIC to WBTC conversion rate is 0.0000005754. Inversely, this means that if you convert 1 WBTC you will get 1,737,816.02 MAGIC. The conversion rate of MAGIC/WBTC has decreased by 0.31% in the last hour (WBTC/MAGIC increased by 0.31%). In the last 24 hours, MAGIC/WBTC shrunk by 1.08%, while WBTC/MAGIC grew by the same amount.
The exchange rate of MAGIC is decreasing. The current value of 1 MAGIC is 0.0000005754 WBTC. In other words, to buy 5 MAGIC, it would cost you 0.0000028772 WBTC. Inversely, 1 WBTC would allow you to trade for 1,737,816.02 MAGIC while 50 WBTC would convert to 86,890,801.19 MAGIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.66%. Meanwhile, in the last 24 hours, the rate has changed by 0.99%, which means that the highest exchange rate of 1 MAGIC to WBTC was 0.0000005891 WBTC and the lowest 24 hour value was 1 MAGIC for 0.0000005619 WBTC. Last month, 1 MAGIC was worth 0.000000592 WBTC. Today, it's down 2.88%. Looking back a year, MAGIC has changed by 0.000001557 WBTC. That means that in a single year, the value of MAGIC has shrank by 170.5%.
MAGIC Market Stats
MAGIC is the native token of Treasure. Treasure develops AI-powered entertainment experiences utilizing MAGIC.
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
MAGIC to WBTC values from Today at 11:44 am
0.5 MAGIC = 0.0000002877 WBTC |
1 MAGIC = 0.0000005754 WBTC |
5 MAGIC = 0.000002877 WBTC |
10 MAGIC = 0.000005754 WBTC |
50 MAGIC = 0.00002877 WBTC |
100 MAGIC = 0.00005754 WBTC |
500 MAGIC = 0.0002877 WBTC |
1,000 MAGIC = 0.0005754 WBTC |
WBTC to MAGIC values from Today at 11:43 am
0.5 WBTC = 868,908.01 MAGIC |
1 WBTC = 1,737,816.02 MAGIC |
5 WBTC = 8,689,080.12 MAGIC |
10 WBTC = 17,378,160.24 MAGIC |
50 WBTC = 86,890,801.19 MAGIC |
100 WBTC = 173,781,602.39 MAGIC |
500 WBTC = 868,908,011.93 MAGIC |
1,000 WBTC = 1,737,816,023.86 MAGIC |
MAGIC to WBTC over time
MAGIC | Today | 24H -0.99% | 1M -2.88% | 1Y -170.50% |
|---|---|---|---|---|
0.5 MAGIC | 0.0000002877 WBTC | 0.0000002906 WBTC | 0.000000296 WBTC | 0.0000007783 WBTC |
1 MAGIC | 0.0000005754 WBTC | 0.0000005811 WBTC | 0.000000592 WBTC | 0.000001557 WBTC |
5 MAGIC | 0.000002877 WBTC | 0.000002906 WBTC | 0.00000296 WBTC | 0.000007783 WBTC |
10 MAGIC | 0.000005754 WBTC | 0.000005811 WBTC | 0.00000592 WBTC | 0.00001557 WBTC |
50 MAGIC | 0.00002877 WBTC | 0.00002906 WBTC | 0.0000296 WBTC | 0.00007783 WBTC |
100 MAGIC | 0.00005754 WBTC | 0.00005811 WBTC | 0.0000592 WBTC | 0.0001557 WBTC |
500 MAGIC | 0.0002877 WBTC | 0.0002906 WBTC | 0.000296 WBTC | 0.0007783 WBTC |
1,000 MAGIC | 0.0005754 WBTC | 0.0005811 WBTC | 0.000592 WBTC | 0.001557 WBTC |
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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.