WBTC/CNY: Convert Wrapped Bitcoin (WBTC) to Chinese Renminbi Yuan (CNY)
1 Wrapped Bitcoin equals CN¥455,376.05 Chinese Renminbi Yuan
Last update: 8:21 AM, July 2, 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 climbing this week.
The current price of Wrapped Bitcoin is CN¥455,376.05 per WBTC. With a circulating supply of 153,268.61 WBTC, it means that Wrapped Bitcoin has a total market cap of CN¥69,728,545,827.71. The amount of Wrapped Bitcoin traded has fallen by CN¥390,418,274.60 in the last 24 hours, which is a 32.37% decrease. Additionally, in the last day, CN¥1,206,156,018.86 worth of WBTC has been traded.
$69.7B
$1.2B
153.3K WBTC
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FAQ
How much is 1 Wrapped Bitcoin in CNY?
Right now, 1 Wrapped Bitcoin is worth about CN¥455,376.05.
How much WBTC could I buy for 1 CNY?
Based on the current rate, you could get 0.0000022 WBTC for 1 CNY.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. 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 CNY?
You can use our WBTC to CNY calculator at the top of this page to convert any amount of WBTC to CNY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNY is equivalent to 0.000011 WBTC. Inversely, 5 WBTC will cost about 2,276,880.241567 CNY.
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 decreasing.
The current value of 1 WBTC is CN¥455,376.05 CNY. In other words, to buy 5 Wrapped Bitcoin, it would cost you CN¥2,276,880.24 CNY. Inversely, CN¥1.00 CNY would allow you to trade for 0.00000220 WBTC while CN¥50.00 CNY would convert to 0.00010980 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.96%. Meanwhile, in the last 24 hours, the rate has changed by 0.8%, which means that the the highest exchange rate of 1 WBTC to Chinese Renminbi Yuan was 64203.28 CNY and the lowest 24 hour value was 1 WBTC for 62373.3 CNY. This time last month, the value of 1 WBTC was CN¥491,011.40 CNY, which is a 7.26% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -CN¥232,605.81 CNY.
WBTC to CNY
Amount | Today at 8:21 am |
---|---|
0.5 WBTC | CN¥227,688.02 |
1 WBTC | CN¥455,376.05 |
5 WBTC | CN¥2,276,880.24 |
10 WBTC | CN¥4,553,760.48 |
50 WBTC | CN¥22,768,802.42 |
100 WBTC | CN¥45,537,604.83 |
500 WBTC | CN¥227,688,024.16 |
1,000 WBTC | CN¥455,376,048.31 |
CNY to WBTC
Amount | Today at 8:21 am |
---|---|
0.5 CNY | 0.00000110 WBTC |
1 CNY | 0.00000220 WBTC |
5 CNY | 0.000011 WBTC |
10 CNY | 0.000022 WBTC |
50 CNY | 0.000110 WBTC |
100 CNY | 0.000220 WBTC |
500 CNY | 0.0011 WBTC |
1,000 CNY | 0.0022 WBTC |
Today vs. 24 hours ago
Amount | Today at 8:21 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 WBTC | CN¥227,688.02 | CN¥229,530.98 | -0.80% |
1 WBTC | CN¥455,376.05 | CN¥459,061.96 | -0.80% |
5 WBTC | CN¥2,276,880.24 | CN¥2,295,309.80 | -0.80% |
10 WBTC | CN¥4,553,760.48 | CN¥4,590,619.60 | -0.80% |
50 WBTC | CN¥22,768,802.42 | CN¥22,953,097.99 | -0.80% |
100 WBTC | CN¥45,537,604.83 | CN¥45,906,195.99 | -0.80% |
500 WBTC | CN¥227,688,024.16 | CN¥229,530,979.95 | -0.80% |
1,000 WBTC | CN¥455,376,048.31 | CN¥459,061,959.89 | -0.80% |
Today vs. 1 month ago
Amount | Today at 8:21 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 WBTC | CN¥227,688.02 | CN¥245,505.70 | -7.26% |
1 WBTC | CN¥455,376.05 | CN¥491,011.40 | -7.26% |
5 WBTC | CN¥2,276,880.24 | CN¥2,455,056.99 | -7.26% |
10 WBTC | CN¥4,553,760.48 | CN¥4,910,113.99 | -7.26% |
50 WBTC | CN¥22,768,802.42 | CN¥24,550,569.94 | -7.26% |
100 WBTC | CN¥45,537,604.83 | CN¥49,101,139.87 | -7.26% |
500 WBTC | CN¥227,688,024.16 | CN¥245,505,699.36 | -7.26% |
1,000 WBTC | CN¥455,376,048.31 | CN¥491,011,398.71 | -7.26% |
Today vs. 1 year ago
Amount | Today at 8:21 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 WBTC | CN¥227,688.02 | CN¥111,385.12 | +104.42% |
1 WBTC | CN¥455,376.05 | CN¥222,770.24 | +104.42% |
5 WBTC | CN¥2,276,880.24 | CN¥1,113,851.20 | +104.42% |
10 WBTC | CN¥4,553,760.48 | CN¥2,227,702.40 | +104.42% |
50 WBTC | CN¥22,768,802.42 | CN¥11,138,511.98 | +104.42% |
100 WBTC | CN¥45,537,604.83 | CN¥22,277,023.96 | +104.42% |
500 WBTC | CN¥227,688,024.16 | CN¥111,385,119.82 | +104.42% |
1,000 WBTC | CN¥455,376,048.31 | CN¥222,770,239.64 | +104.42% |
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