Convert Philippine Peso PHP to Wrapped Bitcoin WBTC
PHP to WBTC: 1 Philippine Peso converts to 0.0000002486 WBTC
About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is ₱4,023,333.51 per WBTC. With a circulating supply of 116,499.203 WBTC, it means that Wrapped Bitcoin has a total market cap of ₱468,632,819,357.03. The amount of Wrapped Bitcoin traded has risen by ₱29,077,861,560.55 in the last 24 hours, which is a 208.87% increase. Additionally, in the last day, ₱13,921,685,651.23 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is ₱4,023,333.51 PHP. In other words, to buy 5 Wrapped Bitcoin, it would cost you ₱20,116,667.53 PHP. Inversely, ₱1.00 PHP would allow you to trade for 0.0000002486 WBTC while ₱50.00 PHP would convert to 0.00001243 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.07%. Meanwhile, in the last 24 hours, the rate has changed by 4.84%, which means that the highest exchange rate of 1 WBTC to PHP was ₱4,047,598.55 PHP and the lowest 24 hour value was 1 WBTC for ₱3,866,282.55 PHP. Last month, 1 WBTC was worth ₱4,862,750.37 PHP. Today, it's down 15.46%. Looking back a year, Wrapped Bitcoin has changed by ₱6,067,335.22 PHP. That means that in a single year, the value of Wrapped Bitcoin has shrank by 37.58%.
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.
Conversion tables
PHP to WBTC values from Today at
₱0.50 PHP = 0.0000001243 WBTC |
₱1.00 PHP = 0.0000002486 WBTC |
₱5.00 PHP = 0.000001243 WBTC |
₱10.00 PHP = 0.000002486 WBTC |
₱50.00 PHP = 0.00001243 WBTC |
₱100.00 PHP = 0.00002486 WBTC |
₱500.00 PHP = 0.0001243 WBTC |
₱1,000.00 PHP = 0.0002486 WBTC |
WBTC to PHP values from Today at 6:38 pm
0.5 WBTC = ₱2,011,666.75 PHP |
1 WBTC = ₱4,023,333.51 PHP |
5 WBTC = ₱20,116,667.53 PHP |
10 WBTC = ₱40,233,335.06 PHP |
50 WBTC = ₱201,166,675.32 PHP |
100 WBTC = ₱402,333,350.65 PHP |
500 WBTC = ₱2,011,666,753.23 PHP |
1,000 WBTC = ₱4,023,333,506.45 PHP |
PHP to WBTC over time
PHP | Today | 24H -0.00% | 1M -0.00% | 1Y -0.00% |
|---|---|---|---|---|
0.5 PHP | 0.0000001243 WBTC | 0.0000001293 WBTC | 0.0000001028 WBTC | 0.00000008241 WBTC |
1 PHP | 0.0000002486 WBTC | 0.0000002586 WBTC | 0.0000002056 WBTC | 0.0000001648 WBTC |
5 PHP | 0.000001243 WBTC | 0.000001293 WBTC | 0.000001028 WBTC | 0.0000008241 WBTC |
10 PHP | 0.000002486 WBTC | 0.000002586 WBTC | 0.000002056 WBTC | 0.000001648 WBTC |
50 PHP | 0.00001243 WBTC | 0.00001293 WBTC | 0.00001028 WBTC | 0.000008241 WBTC |
100 PHP | 0.00002486 WBTC | 0.00002586 WBTC | 0.00002056 WBTC | 0.00001648 WBTC |
500 PHP | 0.0001243 WBTC | 0.0001293 WBTC | 0.0001028 WBTC | 0.00008241 WBTC |
1,000 PHP | 0.0002486 WBTC | 0.0002586 WBTC | 0.0002056 WBTC | 0.0001648 WBTC |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about ₱4,023,333.51.
Based on the current rate, you could get 0.0000002486 WBTC for 1 PHP.
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to PHP calculator at the top of this page to convert any amount of WBTC to PHP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PHP is equivalent to 0.000001243 WBTC. Inversely, 5 WBTC will cost about ₱20,116,667.53
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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