Convert Ritual RITUAL to Crypto.com Wrapped BTC CDCBTC
RITUAL to CDCBTC: 1 Ritual converts to 0.0000002805 CDCBTC
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About RITUAL and CDCBTC
Ritual is falling, while Crypto.com Wrapped BTC is climbing this week. The current RITUAL to CDCBTC conversion rate is 0.0000002805. Inversely, this means that if you convert 1 CDCBTC you will get 3,565,570.86 RITUAL. The conversion rate of RITUAL/CDCBTC has increased by 0.29% in the last hour (CDCBTC/RITUAL decreased by 0.28%). In the last 24 hours, RITUAL/CDCBTC shrunk by 1.13%, while CDCBTC/RITUAL grew by 1.14%.
The exchange rate of Ritual is decreasing. The current value of 1 RITUAL is 0.0000002805 CDCBTC. In other words, to buy 5 Ritual, it would cost you 0.0000014023 CDCBTC. Inversely, 1 CDCBTC would allow you to trade for 3,565,570.86 RITUAL while 50 CDCBTC would convert to 178,278,542.77 RITUAL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 61.27%. Meanwhile, in the last 24 hours, the rate has changed by 1.74%, and that the highest exchange rate of 1 RITUAL to CDCBTC was 0.0000003179 CDCBTC and the lowest 24 hour value was 1 RITUAL for 0.0000002488 CDCBTC. Last month, 1 RITUAL was worth 0.000001072 CDCBTC. Today, it's down 73.83%. Looking back a year, Ritual has changed by 0.0000008462 CDCBTC. That means that in a single year, the value of Ritual has shrank by 66.86%.
Ritual Market Stats
Ritual is a crypto-native infrastructure project building a blockchain and execution environment for autonomous AI agents.
Crypto.com Wrapped BTC Market Stats
What is CDCBTC? Crypto.com Wrapped BTC (CDCBTC) is a token backed 1:1 by native BTC in Crypto.com’s custody, with the underlying BTC held in Crypto.com’s cold storage. CDCBTC allows bitcoin holders to access decentralised finance (DeFi) applications on chain. Eligible Crypto.com users can obtain CDCBTC by withdrawing their native BTC from the platform to a supported non-BTC chain and swap CDCBTC for native BTC by depositing CDCBTC into their Crypto.com wallet. The Case for CDCBTC Bitcoin’s DeFi utilities on its native chain are limited because of a lack of smart contract functionality and compatibility with other chains. Several wrapped BTC products have been created to address this problem, but many fail to sufficiently mitigate counterparty and security risks. CDCBTC aims to enable token holders to unlock BTC’s DeFi capabilities across multiple chains: on-chain trading, collateralised borrowing, yield farming, restaking, and more. This will be done by offering a seamless and secure way to wrap and unwrap native BTC through the Crypto.com platform to multiple supported chains while addressing security issues by having the underlying BTC held in Crypto.com’s SOC 2 Type II compliant custodial solution. CDCBTC will be initially made available on Cronos Chain. Wrap and Unwrap of CDCBTC CDCBTC represents the underlying native BTC-backed 1:1 in Crypto.com’s custody. Mint/burn thresholds are set to ensure the underlying BTC backing CDCBTC is always larger than or equal to the circulating supply of CDCBTC. The exchange process between CDCBTC and BTC is as follows: Wrap: When users initiate a BTC withdrawal to a supported chain, they will receive CDCBTC in their destination wallet. Crypto.com will manage the minting/wrapping operation on the backend - native BTC will be moved to a dedicated BTC reserve wallet backing CDCBTC before new quantities of CDCBTC are minted on a 1:1 basis. Unwrap: When users initiate a CDCBTC deposit into their Crypto.com account, the CDCBTC is automatically unwrapped and they will receive native BTC from the dedicated BTC reserve wallet, available for trading or other use cases on the platform. Custody, Transparency, and Security The underlying BTC is held 1:1 via Crypto.com’s in-house Multiparty Computation (MPC) custody solution that has undergone SOC 2 (Service Organisation Control) Type II assessment by an independent auditor. It is an assurance through an independent auditor validating and auditing security controls and processes, focusing on the following aspects: Security, Availability, Processing Integrity, and Confidentiality. Guided by the SOC 2 Type II standards, the custody solution was designed to ensure that the security controls in place protect the solution itself from unauthorised access (system abuse, theft, fraud, etc.), unauthorised removal of data, misuse of software, and improper alteration or disclosure of information. Crypto.com has engaged SlowMist for CDCBTC’s smart contracts auditing. No critical vulnerabilities have been identified.
Conversion tables
RITUAL to CDCBTC values from Today at 5:58 am
0.5 RITUAL = 0.0000001402 CDCBTC |
1 RITUAL = 0.0000002805 CDCBTC |
5 RITUAL = 0.000001402 CDCBTC |
10 RITUAL = 0.000002805 CDCBTC |
50 RITUAL = 0.00001402 CDCBTC |
100 RITUAL = 0.00002805 CDCBTC |
500 RITUAL = 0.0001402 CDCBTC |
1,000 RITUAL = 0.0002805 CDCBTC |
CDCBTC to RITUAL values from Today at 5:59 am
0.5 CDCBTC = 1,782,785.43 RITUAL |
1 CDCBTC = 3,565,570.86 RITUAL |
5 CDCBTC = 17,827,854.28 RITUAL |
10 CDCBTC = 35,655,708.55 RITUAL |
50 CDCBTC = 178,278,542.77 RITUAL |
100 CDCBTC = 356,557,085.54 RITUAL |
500 CDCBTC = 1,782,785,427.72 RITUAL |
1,000 CDCBTC = 3,565,570,855.44 RITUAL |
RITUAL to CDCBTC over time
RITUAL | Today | 24H -1.77% | 1M -282.14% | 1Y -201.71% |
|---|---|---|---|---|
0.5 RITUAL | 0.0000001402 CDCBTC | 0.0000001427 CDCBTC | 0.0000005359 CDCBTC | 0.0000004231 CDCBTC |
1 RITUAL | 0.0000002805 CDCBTC | 0.0000002854 CDCBTC | 0.000001072 CDCBTC | 0.0000008462 CDCBTC |
5 RITUAL | 0.000001402 CDCBTC | 0.000001427 CDCBTC | 0.000005359 CDCBTC | 0.000004231 CDCBTC |
10 RITUAL | 0.000002805 CDCBTC | 0.000002854 CDCBTC | 0.00001072 CDCBTC | 0.000008462 CDCBTC |
50 RITUAL | 0.00001402 CDCBTC | 0.00001427 CDCBTC | 0.00005359 CDCBTC | 0.00004231 CDCBTC |
100 RITUAL | 0.00002805 CDCBTC | 0.00002854 CDCBTC | 0.0001072 CDCBTC | 0.00008462 CDCBTC |
500 RITUAL | 0.0001402 CDCBTC | 0.0001427 CDCBTC | 0.0005359 CDCBTC | 0.0004231 CDCBTC |
1,000 RITUAL | 0.0002805 CDCBTC | 0.0002854 CDCBTC | 0.001072 CDCBTC | 0.0008462 CDCBTC |
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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.