About BIT and WBTC
BitDAO is falling, while Wrapped Bitcoin is climbing this week. The current BIT to WBTC conversion rate is 0.000007516. Inversely, this means that if you convert 1 WBTC you will get 133,053.16 BIT. The conversion rate of BIT/WBTC has decreased by 0.22% in the last hour (WBTC/BIT increased by 0.22%). In the last 24 hours, BIT/WBTC shrunk by 6.24%, while WBTC/BIT grew by the same amount.
The exchange rate of BitDAO is decreasing. The current value of 1 BIT is 0.000007516 WBTC. In other words, to buy 5 BitDAO, it would cost you 0.000037579 WBTC. Inversely, 1 WBTC would allow you to trade for 133,053.16 BIT while 50 WBTC would convert to 6,652,657.82 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.73%. Meanwhile, in the last 24 hours, the rate has changed by 6.26%, which means that the highest exchange rate of 1 BIT to WBTC was 0.000008088 WBTC and the lowest 24 hour value was 1 BIT for 0.000007517 WBTC. Last month, 1 BIT was worth 0.000006436 WBTC. Today, it's up 14.37%. Looking back a year, BitDAO has changed by 0.00001412 WBTC. That means that in a single year, the value of BitDAO has shrank by 87.91%.
BitDAO Market Stats
BIT is an Ethereum token that governs BitDAO, a protocol designed to support builders of decentralized technologies. BitDAO plans to provide grants for development of decentralized technologies including DeFi apps, governance protocols, layer 1 or layer 2 blockchains, privacy, and NFTs. Proposals, treasury allocations, and protocol changes can be voted upon by BIT token holders. Note: Coinbase only supports BIT on the Ethereum blockchain (ERC-20).
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
BIT to WBTC values from Today at 6:07 am
0.5 BIT = 0.000003758 WBTC |
1 BIT = 0.000007516 WBTC |
5 BIT = 0.00003758 WBTC |
10 BIT = 0.00007516 WBTC |
50 BIT = 0.0003758 WBTC |
100 BIT = 0.0007516 WBTC |
500 BIT = 0.003758 WBTC |
1,000 BIT = 0.007516 WBTC |
WBTC to BIT values from Today at 6:07 am
0.5 WBTC = 66,526.58 BIT |
1 WBTC = 133,053.16 BIT |
5 WBTC = 665,265.78 BIT |
10 WBTC = 1,330,531.56 BIT |
50 WBTC = 6,652,657.82 BIT |
100 WBTC = 13,305,315.64 BIT |
500 WBTC = 66,526,578.21 BIT |
1,000 WBTC = 133,053,156.41 BIT |
BIT to WBTC over time
BIT | Today | 24H -6.26% | 1M 14.37% | 1Y -87.91% |
|---|---|---|---|---|
0.5 BIT | 0.000003758 WBTC | 0.000003993 WBTC | 0.000003218 WBTC | 0.000007061 WBTC |
1 BIT | 0.000007516 WBTC | 0.000007986 WBTC | 0.000006436 WBTC | 0.00001412 WBTC |
5 BIT | 0.00003758 WBTC | 0.00003993 WBTC | 0.00003218 WBTC | 0.00007061 WBTC |
10 BIT | 0.00007516 WBTC | 0.00007986 WBTC | 0.00006436 WBTC | 0.0001412 WBTC |
50 BIT | 0.0003758 WBTC | 0.0003993 WBTC | 0.0003218 WBTC | 0.0007061 WBTC |
100 BIT | 0.0007516 WBTC | 0.0007986 WBTC | 0.0006436 WBTC | 0.001412 WBTC |
500 BIT | 0.003758 WBTC | 0.003993 WBTC | 0.003218 WBTC | 0.007061 WBTC |
1,000 BIT | 0.007516 WBTC | 0.007986 WBTC | 0.006436 WBTC | 0.01412 WBTC |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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