Convert Wrapped Bitcoin WBTC to Huobi Token HT
WBTC to HT: 1 Wrapped Bitcoin converts to 794,685.78 HT
About WBTC and HT
Wrapped Bitcoin is falling, while Huobi Token is climbing this week. The current WBTC to HT conversion rate is 794,685.78. Inversely, this means that if you convert 1 HT you will get 0.000001258 WBTC. The conversion rate of WBTC/HT has decreased by 0.12% in the last hour (HT/WBTC increased by 0.12%). In the last 24 hours, WBTC/HT shrunk by 2.35%, while HT/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 794,685.78 HT. In other words, to buy 5 Wrapped Bitcoin, it would cost you 3,973,428.91 HT. Inversely, 1 HT would allow you to trade for 0.000001258 WBTC while 50 HT would convert to 0.00006292 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 123.52%. Meanwhile, in the last 24 hours, the rate has changed by 2.36%, and that the highest exchange rate of 1 WBTC to HT was 819,431.27 HT and the lowest 24 hour value was 1 WBTC for 792,031.16 HT. Last month, 1 WBTC was worth 1,568,877.43 HT. Today, it's down 97.42%. Looking back a year, Wrapped Bitcoin has changed by 400,677.46 HT. That means that in a single year, the value of Wrapped Bitcoin has grown by 49.58%.
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.
Huobi Token Market Stats
Huobi, the third-largest cryptocurrency exchange in the world, recently announced and launched a new currency. The Huobi Token (HT) rewards exchange users for their loyalty with lowered transaction fees while also carrying its own value in tradable pairs against popular currencies. The hope was to bring greater value to Huobi’s millions of users, mostly located in Asian countries. The launch of the Huobi Token follows in the footsteps of other loyalty-building tokens that other exchanges have launched. The first and most successful of these tokens has been Binance Coin (BNB). The creation of BNB secured Binance’s place as the world’s leading exchange. It offered discounted trading fees in exchange for customer loyalty, primarily functioning as a loyalty rewards system. Huobi officially announced its intentions to launch a new token on January 22, 2018. Over the course of 15 days, Huobi would distribute 300 million HT (60% of the total supply) to its pro users who purchased a discounted service package. Each morning, a new batch of HT would become available on a first come, first served basis. Huobi declared this token distribution scheme, “not an ICO,” due to the nature of the offering. Users are buying a specific service package, part of which includes HT that give a discount toward trading fees. The exchange launched the Huobi Token as part of an overall strategy to recover its user base after tightening regulations in China severely restricted cryptocurrency trading. In an interview with CoinDesk, Leon Li, Huobi’s founder, revealed that Chinese rule changes had decimated the trading volume on Huobi by 95% between September 15 and November 1, 2017. The HT token distribution began on January 24 and wrapped up on February 7, 2018. Each day of the distribution, millions of tokens sold out in mere minutes after going on sale. At that point, 300 million HT had been distributed to Huobi Pro members who bought packages. That’s 60% of the total supply currently in public circulation. Another 200 million HT, 40% of the total supply, was set aside. 20% goes toward user rewards and platform operation. The other 20% is vested for four years and constitutes the team reward. Huobi isn’t the first exchange to issue its own token. Binance (BNB), Bibox (BIX), KuCoin (KCS) and Coss (COSS) have all issued their own tokens as well.
Conversion tables
WBTC to HT values from Today at 1:23 pm
0.5 WBTC = 397,342.89 HT |
1 WBTC = 794,685.78 HT |
5 WBTC = 3,973,428.91 HT |
10 WBTC = 7,946,857.82 HT |
50 WBTC = 39,734,289.09 HT |
100 WBTC = 79,468,578.19 HT |
500 WBTC = 397,342,890.94 HT |
1,000 WBTC = 794,685,781.89 HT |
HT to WBTC values from Today at 1:25 pm
0.5 HT = 0.0000006292 WBTC |
1 HT = 0.000001258 WBTC |
5 HT = 0.000006292 WBTC |
10 HT = 0.00001258 WBTC |
50 HT = 0.00006292 WBTC |
100 HT = 0.0001258 WBTC |
500 HT = 0.0006292 WBTC |
1,000 HT = 0.001258 WBTC |
WBTC to HT over time
WBTC | Today | 24H -2.36% | 1M -97.42% | 1Y 49.58% |
|---|---|---|---|---|
0.5 WBTC | 397,342.89 HT | 406,701.16 HT | 784,438.71 HT | 200,338.73 HT |
1 WBTC | 794,685.78 HT | 813,402.32 HT | 1,568,877.43 HT | 400,677.46 HT |
5 WBTC | 3,973,428.91 HT | 4,067,011.62 HT | 7,844,387.14 HT | 2,003,387.28 HT |
10 WBTC | 7,946,857.82 HT | 8,134,023.23 HT | 15,688,774.27 HT | 4,006,774.56 HT |
50 WBTC | 39,734,289.09 HT | 40,670,116.16 HT | 78,443,871.35 HT | 20,033,872.81 HT |
100 WBTC | 79,468,578.19 HT | 81,340,232.32 HT | 156,887,742.70 HT | 40,067,745.62 HT |
500 WBTC | 397,342,890.94 HT | 406,701,161.60 HT | 784,438,713.50 HT | 200,338,728.08 HT |
1,000 WBTC | 794,685,781.89 HT | 813,402,323.21 HT | 1,568,877,427.00 HT | 400,677,456.15 HT |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about €55,399.61.
Based on the current rate, you could get 0.00001805 WBTC for 1 EUR.
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 EUR calculator at the top of this page to convert any amount of WBTC to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 0.00009025 WBTC. Inversely, 5 WBTC will cost about €276,998.05
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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