CBETH/WBTC: Convert and Swap Coinbase Wrapped Staked ETH (CBETH) to Wrapped Bitcoin (WBTC)
1 Coinbase Wrapped Staked ETH equals 0.0421 Wrapped Bitcoin
Last update: 10:23 AM, October 12, 2024
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The current cbETH to WBTC conversion rate is 0.04. Inversely, this means that if you convert 1 WBTC you will get 23.74 cbETH.
The conversion rate of cbETH/WBTC has decreased by 0.14% in the last hour and shrunk by 1.73% in the last 24 hours.
Overview
About Coinbase Wrapped Staked ETH (cbETH)
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.
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.
Resources
Market
Coinbase Wrapped Staked ETH (cbETH)
Market cap
$495.06M
Volume (24h)
$947.09K
Price
0.0421 WBTC
High (24H)
0.0429 WBTC
Low (24H)
0.0418 WBTC
Wrapped Bitcoin (WBTC)
Market cap
$9.41B
Volume (24h)
$118.56M
Price
23.74 cbETH
High (24H)
23.90 cbETH
Low (24H)
23.33 cbETH
Conversion tables
cbETH to WBTC
Amount (cbETH) | Amount (WBTC) |
|---|---|
0.5 cbETH | 0.0211 WBTC |
1 cbETH | 0.0421 WBTC |
5 cbETH | 0.21 WBTC |
10 cbETH | 0.42 WBTC |
50 cbETH | 2.11 WBTC |
100 cbETH | 4.21 WBTC |
500 cbETH | 21.06 WBTC |
1,000 cbETH | 42.12 WBTC |
WBTC to cbETH
Amount (WBTC) | Amount (cbETH) |
|---|---|
0.5 WBTC | 11.87 cbETH |
1 WBTC | 23.74 cbETH |
5 WBTC | 118.72 cbETH |
10 WBTC | 237.44 cbETH |
50 WBTC | 1,187.20 cbETH |
100 WBTC | 2,374.39 cbETH |
500 WBTC | 11,871.97 cbETH |
1,000 WBTC | 23,743.93 cbETH |
Last update: October 12, 2024 at 10:23 AM |
cbETH to WBTC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
|---|---|---|---|---|---|---|---|
0.0428 WBTC | -1.70% | 0.0421 WBTC | -0.08% | 0.0437 WBTC | -3.73% | 0.0605 WBTC | -43.77% |
Last update: October 12, 2024 at 10:23 AM |
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