Convert Unisocks SOCKS to Wrapped Bitcoin WBTC
SOCKS to WBTC: 1 Unisocks converts to 0.06796 WBTC
About SOCKS and WBTC
Unisocks is falling, while Wrapped Bitcoin is climbing this week. The current SOCKS to WBTC conversion rate is 0.06796. Inversely, this means that if you convert 1 WBTC you will get 14.72 SOCKS. The conversion rate of SOCKS/WBTC has decreased by 0.43% in the last hour (WBTC/SOCKS increased by 0.43%). In the last 24 hours, SOCKS/WBTC shrunk by 28.5%, while WBTC/SOCKS grew by 39.85%.
The exchange rate of Unisocks is decreasing. The current value of 1 SOCKS is 0.06796 WBTC. In other words, to buy 5 Unisocks, it would cost you 0.33979 WBTC. Inversely, 1 WBTC would allow you to trade for 14.72 SOCKS while 50 WBTC would convert to 735.76 SOCKS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 33.96%. Meanwhile, in the last 24 hours, the rate has changed by 28.5%, and that the highest exchange rate of 1 SOCKS to WBTC was 0.09505 WBTC and the lowest 24 hour value was 1 SOCKS for 0.06761 WBTC. Last month, 1 SOCKS was worth 0.1124 WBTC. Today, it's down 39.56%. Looking back a year, Unisocks has changed by 0.1301 WBTC. That means that in a single year, the value of Unisocks has shrank by 47.79%.
Unisocks Market Stats
$SOCKS is a token that entitles you to 1 real pair of limited edition socks, shipped anywhere in the world. You can sell the token back at any time. To get a real pair, redeem a $SOCKS token. $SOCKS tokens are listed starting at $12 USD. Each buy/sell will move the price. The increase or decrease follows a bonding curve. $SOCKS will eventually find an equillibrium based on market demand. Buying or selling socks uses the uniswap protocol and accepts any token input as a payment method. The pool of SOCKS is a uniswap pool where 500 SOCKS tokens were deposited along with the starting value of ETH.
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
SOCKS to WBTC values from Today at 5:24 pm
0.5 SOCKS = 0.03398 WBTC |
1 SOCKS = 0.06796 WBTC |
5 SOCKS = 0.3398 WBTC |
10 SOCKS = 0.6796 WBTC |
50 SOCKS = 3.40 WBTC |
100 SOCKS = 6.80 WBTC |
500 SOCKS = 33.98 WBTC |
1,000 SOCKS = 67.96 WBTC |
WBTC to SOCKS values from Today at 5:22 pm
0.5 WBTC = 7.36 SOCKS |
1 WBTC = 14.72 SOCKS |
5 WBTC = 73.58 SOCKS |
10 WBTC = 147.15 SOCKS |
50 WBTC = 735.76 SOCKS |
100 WBTC = 1,471.51 SOCKS |
500 WBTC = 7,357.56 SOCKS |
1,000 WBTC = 14,715.12 SOCKS |
SOCKS to WBTC over time
SOCKS | Today | 24H -39.86% | 1M -65.46% | 1Y -91.52% |
|---|---|---|---|---|
0.5 SOCKS | 0.03398 WBTC | 0.04752 WBTC | 0.05622 WBTC | 0.06507 WBTC |
1 SOCKS | 0.06796 WBTC | 0.09505 WBTC | 0.1124 WBTC | 0.1301 WBTC |
5 SOCKS | 0.3398 WBTC | 0.4752 WBTC | 0.5622 WBTC | 0.6507 WBTC |
10 SOCKS | 0.6796 WBTC | 0.9505 WBTC | 1.12 WBTC | 1.30 WBTC |
50 SOCKS | 3.40 WBTC | 4.75 WBTC | 5.62 WBTC | 6.51 WBTC |
100 SOCKS | 6.80 WBTC | 9.50 WBTC | 11.24 WBTC | 13.01 WBTC |
500 SOCKS | 33.98 WBTC | 47.52 WBTC | 56.22 WBTC | 65.07 WBTC |
1,000 SOCKS | 67.96 WBTC | 95.05 WBTC | 112.44 WBTC | 130.15 WBTC |
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