WBTC/GEL: Convert Wrapped Bitcoin (WBTC) to Georgian Lari (GEL)
1 Wrapped Bitcoin equals GEL 172,438.38 Georgian Lari
Last update: 5:47 PM, 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 GEL 172,438.38 per WBTC. With a circulating supply of 153,268.61 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 26,433,089,028.08. The amount of Wrapped Bitcoin traded has fallen by GEL 33,422,067.23 in the last 24 hours, which is a 12.54% decrease. Additionally, in the last day, GEL 266,531,300.29 worth of WBTC has been traded.
Market cap
$26.4B
Volume (24h)
$266.5M
Circulating supply
153.3K WBTC
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FAQ
How much is 1 Wrapped Bitcoin in GEL?
Right now, 1 Wrapped Bitcoin is worth about GEL 172,438.38.
How much WBTC could I buy for 1 GEL?
Based on the current rate, you could get 0.0000058 WBTC for 1 GEL.
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 GEL?
You can use our WBTC to GEL calculator at the top of this page to convert any amount of WBTC to GEL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.000029 WBTC. Inversely, 5 WBTC will cost about 862,191.877875 GEL.
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 GEL 172,438.38 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 862,191.88 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000580 WBTC while GEL 50.00 GEL would convert to 0.00028996 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.75%. Meanwhile, in the last 24 hours, the rate has changed by 1.14%, which means that the the highest exchange rate of 1 WBTC to Georgian Lari was 62500 GEL and the lowest 24 hour value was 1 WBTC for 60227.79 GEL. This time last month, the value of 1 WBTC was GEL 193,996.40 GEL, which is a 11.11% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -GEL 87,216.76 GEL.
WBTC to GEL
Amount | Today at 5:47 pm |
|---|---|
0.5 WBTC | GEL 86,219.19 |
1 WBTC | GEL 172,438.38 |
5 WBTC | GEL 862,191.88 |
10 WBTC | GEL 1,724,383.76 |
50 WBTC | GEL 8,621,918.78 |
100 WBTC | GEL 17,243,837.56 |
500 WBTC | GEL 86,219,187.79 |
1,000 WBTC | GEL 172,438,375.58 |
GEL to WBTC
Amount | Today at 5:47 pm |
|---|---|
0.5 GEL | 0.00000290 WBTC |
1 GEL | 0.00000580 WBTC |
5 GEL | 0.000029 WBTC |
10 GEL | 0.000058 WBTC |
50 GEL | 0.000290 WBTC |
100 GEL | 0.000580 WBTC |
500 GEL | 0.0029 WBTC |
1,000 GEL | 0.0058 WBTC |
Today vs. 24 hours ago
Amount | Today at 5:47 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | GEL 86,219.19 | GEL 85,243.87 | +1.14% |
1 WBTC | GEL 172,438.38 | GEL 170,487.73 | +1.14% |
5 WBTC | GEL 862,191.88 | GEL 852,438.67 | +1.14% |
10 WBTC | GEL 1,724,383.76 | GEL 1,704,877.35 | +1.14% |
50 WBTC | GEL 8,621,918.78 | GEL 8,524,386.75 | +1.14% |
100 WBTC | GEL 17,243,837.56 | GEL 17,048,773.50 | +1.14% |
500 WBTC | GEL 86,219,187.79 | GEL 85,243,867.48 | +1.14% |
1,000 WBTC | GEL 172,438,375.58 | GEL 170,487,734.96 | +1.14% |
Today vs. 1 month ago
Amount | Today at 5:47 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WBTC | GEL 86,219.19 | GEL 96,998.20 | -11.11% |
1 WBTC | GEL 172,438.38 | GEL 193,996.40 | -11.11% |
5 WBTC | GEL 862,191.88 | GEL 969,981.98 | -11.11% |
10 WBTC | GEL 1,724,383.76 | GEL 1,939,963.96 | -11.11% |
50 WBTC | GEL 8,621,918.78 | GEL 9,699,819.81 | -11.11% |
100 WBTC | GEL 17,243,837.56 | GEL 19,399,639.61 | -11.11% |
500 WBTC | GEL 86,219,187.79 | GEL 96,998,198.07 | -11.11% |
1,000 WBTC | GEL 172,438,375.58 | GEL 193,996,396.13 | -11.11% |
Today vs. 1 year ago
Amount | Today at 5:47 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | GEL 86,219.19 | GEL 42,610.81 | +102.34% |
1 WBTC | GEL 172,438.38 | GEL 85,221.62 | +102.34% |
5 WBTC | GEL 862,191.88 | GEL 426,108.08 | +102.34% |
10 WBTC | GEL 1,724,383.76 | GEL 852,216.17 | +102.34% |
50 WBTC | GEL 8,621,918.78 | GEL 4,261,080.84 | +102.34% |
100 WBTC | GEL 17,243,837.56 | GEL 8,522,161.69 | +102.34% |
500 WBTC | GEL 86,219,187.79 | GEL 42,610,808.44 | +102.34% |
1,000 WBTC | GEL 172,438,375.58 | GEL 85,221,616.88 | +102.34% |
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