Convert Coinbase Wrapped Staked ETH CBETH to Wrapped Bitcoin WBTC
CBETH to WBTC: 1 Coinbase Wrapped Staked ETH converts to 0.03397 WBTC
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About cbETH and WBTC
Coinbase Wrapped Staked ETH is climbing, while Wrapped Bitcoin is falling this week. The current cbETH to WBTC conversion rate is 0.03397. Inversely, this means that if you convert 1 WBTC you will get 29.43 cbETH. The conversion rate of cbETH/WBTC has increased by 0.36% in the last hour (WBTC/cbETH decreased by 0.36%). In the last 24 hours, cbETH/WBTC grew by 0.01%, while WBTC/cbETH shrunk by 0.01%.
The exchange rate of Coinbase Wrapped Staked ETH is increasing. The current value of 1 cbETH is 0.03397 WBTC. In other words, to buy 5 Coinbase Wrapped Staked ETH, it would cost you 0.16987 WBTC. Inversely, 1 WBTC would allow you to trade for 29.43 cbETH while 50 WBTC would convert to 1,471.73 cbETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.68%. Meanwhile, in the last 24 hours, the rate has changed by 0.08%, and that the highest exchange rate of 1 cbETH to WBTC was 0.03427 WBTC and the lowest 24 hour value was 1 cbETH for 0.03378 WBTC. Last month, 1 cbETH was worth 0.03643 WBTC. Today, it's down 6.75%. Looking back a year, Coinbase Wrapped Staked ETH has changed by 0.03978 WBTC. That means that in a single year, the value of Coinbase Wrapped Staked ETH has shrank by 14.6%.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
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
CBETH to WBTC values from Today at 6:27 pm
0.5 CBETH = 0.01699 WBTC |
1 CBETH = 0.03397 WBTC |
5 CBETH = 0.1699 WBTC |
10 CBETH = 0.3397 WBTC |
50 CBETH = 1.70 WBTC |
100 CBETH = 3.40 WBTC |
500 CBETH = 16.99 WBTC |
1,000 CBETH = 33.97 WBTC |
WBTC to CBETH values from Today at 6:30 pm
0.5 WBTC = 14.72 CBETH |
1 WBTC = 29.43 CBETH |
5 WBTC = 147.17 CBETH |
10 WBTC = 294.35 CBETH |
50 WBTC = 1,471.73 CBETH |
100 WBTC = 2,943.45 CBETH |
500 WBTC = 14,717.27 CBETH |
1,000 WBTC = 29,434.53 CBETH |
CBETH to WBTC over time
CBETH | Today | 24H 0.08% | 1M -7.24% | 1Y -17.09% |
|---|---|---|---|---|
0.5 CBETH | 0.01699 WBTC | 0.01697 WBTC | 0.01822 WBTC | 0.01989 WBTC |
1 CBETH | 0.03397 WBTC | 0.03395 WBTC | 0.03643 WBTC | 0.03978 WBTC |
5 CBETH | 0.1699 WBTC | 0.1697 WBTC | 0.1822 WBTC | 0.1989 WBTC |
10 CBETH | 0.3397 WBTC | 0.3395 WBTC | 0.3643 WBTC | 0.3978 WBTC |
50 CBETH | 1.70 WBTC | 1.70 WBTC | 1.82 WBTC | 1.99 WBTC |
100 CBETH | 3.40 WBTC | 3.39 WBTC | 3.64 WBTC | 3.98 WBTC |
500 CBETH | 16.99 WBTC | 16.97 WBTC | 18.22 WBTC | 19.89 WBTC |
1,000 CBETH | 33.97 WBTC | 33.95 WBTC | 36.43 WBTC | 39.78 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.