BAL/WBTC: Convert and Swap Balancer (BAL) to Wrapped Bitcoin (WBTC)
1 Balancer equals 0.000031 Wrapped Bitcoin
Last update: 2:30 PM, October 12, 2024
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The current BAL to WBTC conversion rate is 0. Inversely, this means that if you convert 1 WBTC you will get 32,249.1 BAL.
The conversion rate of BAL/WBTC has decreased by 0.06% in the last hour and shrunk by 0.35% in the last 24 hours.
Overview
About Balancer (BAL)
Balancer (BAL) is an Ethereum token that powers the Balancer protocol, an automated market maker that lets anyone create or add liquidity to trading pools while earning customizable trading fees. Balancer pools can have up to 8 tokens and each token can be individually weighted within the pool, such that one token can make up as little as 2% of the total.
Resources
About Wrapped Bitcoin (WBTC)
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.
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Market
Conversion tables
BAL to WBTC
Amount (BAL) | Amount (WBTC) |
---|---|
0.5 BAL | 0.000016 WBTC |
1 BAL | 0.000031 WBTC |
5 BAL | 0.000155 WBTC |
10 BAL | 0.000310 WBTC |
50 BAL | 0.0016 WBTC |
100 BAL | 0.0031 WBTC |
500 BAL | 0.0155 WBTC |
1,000 BAL | 0.0310 WBTC |
WBTC to BAL
Amount (WBTC) | Amount (BAL) |
---|---|
0.5 WBTC | 16,124.55 BAL |
1 WBTC | 32,249.10 BAL |
5 WBTC | 161,245.52 BAL |
10 WBTC | 322,491.05 BAL |
50 WBTC | 1,612,455.24 BAL |
100 WBTC | 3,224,910.49 BAL |
500 WBTC | 16,124,552.43 BAL |
1,000 WBTC | 32,249,104.86 BAL |
Last update: October 12, 2024 at 2:30 PM |
BAL to WBTC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
0.000031 WBTC | -0.60% | 0.000032 WBTC | -2.06% | 0.000032 WBTC | -4.02% | 0.000112 WBTC | -261.27% |
Last update: October 12, 2024 at 2:30 PM |
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