WBTC/CNH: Convert Wrapped Bitcoin (WBTC) to Chinese Renminbi Yuan Offshore (CNH)
1 Wrapped Bitcoin equals CNH 448,921.69 Chinese Renminbi Yuan Offshore
Last update: 11:53 AM, June 30, 2024
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Overview
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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Wrapped Bitcoin Markets
Wrapped Bitcoin is falling this week.
The current price of Wrapped Bitcoin is CNH 448,921.69 per WBTC. With a circulating supply of 153,268.61 WBTC, it means that Wrapped Bitcoin has a total market cap of CNH 68,757,128,141.81. The amount of Wrapped Bitcoin traded has fallen by CNH 265,888,202.73 in the last 24 hours, which is a 38.36% decrease. Additionally, in the last day, CNH 693,123,193.45 worth of WBTC has been traded.
Market cap
$68.8B
Volume (24h)
$693.1M
Circulating supply
153.3K WBTC
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FAQ
How much is 1 Wrapped Bitcoin in CNH?
Right now, 1 Wrapped Bitcoin is worth about CNH 448,921.69.
How much WBTC could I buy for 1 CNH?
Based on the current rate, you could get 0.00000223 WBTC for 1 CNH.
How much has the price of Wrapped Bitcoin changed?
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 increased.
How do I calculate or convert WBTC to CNH?
You can use our WBTC to CNH calculator at the top of this page to convert any amount of WBTC to CNH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNH is equivalent to 0.000011 WBTC. Inversely, 5 WBTC will cost about 2,244,608.428494 CNH.
How can I buy 1 Wrapped Bitcoin on Coinbase?
Wrapped Bitcoin is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
What are assets similar to Wrapped Bitcoin that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Avalanche, Dogecoin, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
Conversion tables
The exchange rate of Wrapped Bitcoin is increasing.
The current value of 1 WBTC is CNH 448,921.69 CNH. In other words, to buy 5 Wrapped Bitcoin, it would cost you CNH 2,244,608.43 CNH. Inversely, CNH 1.00 CNH would allow you to trade for 0.00000223 WBTC while CNH 50.00 CNH would convert to 0.00011138 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.35%. Meanwhile, in the last 24 hours, the rate has changed by 0.72%, which means that the the highest exchange rate of 1 WBTC to Chinese Renminbi Yuan Offshore was 62500 CNH and the lowest 24 hour value was 1 WBTC for 60227.79 CNH. This time last month, the value of 1 WBTC was CNH 494,268.37 CNH, which is a 9.17% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -CNH 226,553.06 CNH.
WBTC to CNH
Amount | Today at 11:53 am |
|---|---|
0.5 WBTC | CNH 224,460.84 |
1 WBTC | CNH 448,921.69 |
5 WBTC | CNH 2,244,608.43 |
10 WBTC | CNH 4,489,216.86 |
50 WBTC | CNH 22,446,084.28 |
100 WBTC | CNH 44,892,168.57 |
500 WBTC | CNH 224,460,842.85 |
1,000 WBTC | CNH 448,921,685.70 |
CNH to WBTC
Amount | Today at 11:53 am |
|---|---|
0.5 CNH | 0.00000111 WBTC |
1 CNH | 0.00000223 WBTC |
5 CNH | 0.000011 WBTC |
10 CNH | 0.000022 WBTC |
50 CNH | 0.000111 WBTC |
100 CNH | 0.000223 WBTC |
500 CNH | 0.0011 WBTC |
1,000 CNH | 0.0022 WBTC |
Today vs. 24 hours ago
Amount | Today at 11:53 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | CNH 224,460.84 | CNH 222,859.95 | +0.72% |
1 WBTC | CNH 448,921.69 | CNH 445,719.90 | +0.72% |
5 WBTC | CNH 2,244,608.43 | CNH 2,228,599.48 | +0.72% |
10 WBTC | CNH 4,489,216.86 | CNH 4,457,198.95 | +0.72% |
50 WBTC | CNH 22,446,084.28 | CNH 22,285,994.76 | +0.72% |
100 WBTC | CNH 44,892,168.57 | CNH 44,571,989.52 | +0.72% |
500 WBTC | CNH 224,460,842.85 | CNH 222,859,947.58 | +0.72% |
1,000 WBTC | CNH 448,921,685.70 | CNH 445,719,895.17 | +0.72% |
Today vs. 1 month ago
Amount | Today at 11:53 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WBTC | CNH 224,460.84 | CNH 247,134.18 | -9.17% |
1 WBTC | CNH 448,921.69 | CNH 494,268.37 | -9.17% |
5 WBTC | CNH 2,244,608.43 | CNH 2,471,341.83 | -9.17% |
10 WBTC | CNH 4,489,216.86 | CNH 4,942,683.67 | -9.17% |
50 WBTC | CNH 22,446,084.28 | CNH 24,713,418.35 | -9.17% |
100 WBTC | CNH 44,892,168.57 | CNH 49,426,836.69 | -9.17% |
500 WBTC | CNH 224,460,842.85 | CNH 247,134,183.47 | -9.17% |
1,000 WBTC | CNH 448,921,685.70 | CNH 494,268,366.94 | -9.17% |
Today vs. 1 year ago
Amount | Today at 11:53 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | CNH 224,460.84 | CNH 111,184.31 | +101.88% |
1 WBTC | CNH 448,921.69 | CNH 222,368.62 | +101.88% |
5 WBTC | CNH 2,244,608.43 | CNH 1,111,843.11 | +101.88% |
10 WBTC | CNH 4,489,216.86 | CNH 2,223,686.22 | +101.88% |
50 WBTC | CNH 22,446,084.28 | CNH 11,118,431.10 | +101.88% |
100 WBTC | CNH 44,892,168.57 | CNH 22,236,862.20 | +101.88% |
500 WBTC | CNH 224,460,842.85 | CNH 111,184,310.99 | +101.88% |
1,000 WBTC | CNH 448,921,685.70 | CNH 222,368,621.99 | +101.88% |
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