![](https://dynamic-assets.coinbase.com/51bfc85a5a881014b4558bbe8f9758c354a0c831208f189286be93b6b0b86b886a3d656cff4122bac435ec97bd54f08a8d198103dcfab6cae8578bbc1c81afc3/asset_icons/bb1ab3b1677110aea1e1ed5a93f4440d229e01b901de963201417861c57d9add.png)
WBTC/GIP: Convert Wrapped Bitcoin (WBTC) to Gibraltar Pound (GIP)
1 Wrapped Bitcoin equals GIP 49,171.08 Gibraltar Pound
Last update: 2:20 PM, 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.
Resources
Wrapped Bitcoin Markets
Wrapped Bitcoin is climbing this week.
The current price of Wrapped Bitcoin is GIP 49,171.08 per WBTC. With a circulating supply of 153,268.61 WBTC, it means that Wrapped Bitcoin has a total market cap of GIP 7,564,660,290.80. The amount of Wrapped Bitcoin traded has fallen by GIP 39,095,326.73 in the last 24 hours, which is a 30.94% decrease. Additionally, in the last day, GIP 126,367,821.89 worth of WBTC has been traded.
Market cap
$7.6B
Volume (24h)
$126.4M
Circulating supply
153.3K WBTC
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FAQ
How much is 1 Wrapped Bitcoin in GIP?
Right now, 1 Wrapped Bitcoin is worth about GIP 49,171.08.
How much WBTC could I buy for 1 GIP?
Based on the current rate, you could get 0.00002 WBTC for 1 GIP.
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 GIP?
You can use our WBTC to GIP calculator at the top of this page to convert any amount of WBTC to GIP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GIP is equivalent to 0.000102 WBTC. Inversely, 5 WBTC will cost about 245,855.379153 GIP.
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 GIP 49,171.08 GIP. In other words, to buy 5 Wrapped Bitcoin, it would cost you GIP 245,855.38 GIP. Inversely, GIP 1.00 GIP would allow you to trade for 0.000020 WBTC while GIP 50.00 GIP would convert to 0.001017 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.7%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, which means that the the highest exchange rate of 1 WBTC to Gibraltar Pound was 64203.28 GIP and the lowest 24 hour value was 1 WBTC for 62231.4 GIP. This time last month, the value of 1 WBTC was GIP 53,861.55 GIP, which is a 8.71% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -GIP 24,965.26 GIP.
WBTC to GIP
Amount | Today at 2:20 pm |
---|---|
0.5 WBTC | GIP 24,585.54 |
1 WBTC | GIP 49,171.08 |
5 WBTC | GIP 245,855.38 |
10 WBTC | GIP 491,710.76 |
50 WBTC | GIP 2,458,553.79 |
100 WBTC | GIP 4,917,107.58 |
500 WBTC | GIP 24,585,537.92 |
1,000 WBTC | GIP 49,171,075.83 |
GIP to WBTC
Amount | Today at 2:20 pm |
---|---|
0.5 GIP | 0.000010 WBTC |
1 GIP | 0.000020 WBTC |
5 GIP | 0.000102 WBTC |
10 GIP | 0.000203 WBTC |
50 GIP | 0.0010 WBTC |
100 GIP | 0.0020 WBTC |
500 GIP | 0.0102 WBTC |
1,000 GIP | 0.0203 WBTC |
Today vs. 24 hours ago
Amount | Today at 2:20 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 WBTC | GIP 24,585.54 | GIP 24,769.07 | -0.74% |
1 WBTC | GIP 49,171.08 | GIP 49,538.14 | -0.74% |
5 WBTC | GIP 245,855.38 | GIP 247,690.68 | -0.74% |
10 WBTC | GIP 491,710.76 | GIP 495,381.36 | -0.74% |
50 WBTC | GIP 2,458,553.79 | GIP 2,476,906.80 | -0.74% |
100 WBTC | GIP 4,917,107.58 | GIP 4,953,813.59 | -0.74% |
500 WBTC | GIP 24,585,537.92 | GIP 24,769,067.97 | -0.74% |
1,000 WBTC | GIP 49,171,075.83 | GIP 49,538,135.95 | -0.74% |
Today vs. 1 month ago
Amount | Today at 2:20 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 WBTC | GIP 24,585.54 | GIP 26,930.77 | -8.71% |
1 WBTC | GIP 49,171.08 | GIP 53,861.55 | -8.71% |
5 WBTC | GIP 245,855.38 | GIP 269,307.75 | -8.71% |
10 WBTC | GIP 491,710.76 | GIP 538,615.49 | -8.71% |
50 WBTC | GIP 2,458,553.79 | GIP 2,693,077.46 | -8.71% |
100 WBTC | GIP 4,917,107.58 | GIP 5,386,154.92 | -8.71% |
500 WBTC | GIP 24,585,537.92 | GIP 26,930,774.60 | -8.71% |
1,000 WBTC | GIP 49,171,075.83 | GIP 53,861,549.19 | -8.71% |
Today vs. 1 year ago
Amount | Today at 2:20 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 WBTC | GIP 24,585.54 | GIP 12,102.91 | +103.14% |
1 WBTC | GIP 49,171.08 | GIP 24,205.82 | +103.14% |
5 WBTC | GIP 245,855.38 | GIP 121,029.10 | +103.14% |
10 WBTC | GIP 491,710.76 | GIP 242,058.21 | +103.14% |
50 WBTC | GIP 2,458,553.79 | GIP 1,210,291.03 | +103.14% |
100 WBTC | GIP 4,917,107.58 | GIP 2,420,582.06 | +103.14% |
500 WBTC | GIP 24,585,537.92 | GIP 12,102,910.28 | +103.14% |
1,000 WBTC | GIP 49,171,075.83 | GIP 24,205,820.55 | +103.14% |
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Wrapped Bitcoin to EUR
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Wrapped Bitcoin to NGN
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Wrapped Bitcoin to KRW
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Wrapped Bitcoin to SGD
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Dai
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Bitcoin Cash
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![Logo for Civic](https://dynamic-assets.coinbase.com/4b2384d50867dc6984a4fd96e62548f1a1a86c9bb4f90ed93b2a8795238c53f7c67768ddda5860a24fdfbf4e041b8fe16d32fdc2e893da131024c57f019821e3/asset_icons/748af2ecb578424b712a0498ec4653bd336db3d462479496f376e5e958df08db.png)
Civic to the GIP
![Logo for GYEN](https://dynamic-assets.coinbase.com/572dd07840ccb10cbd737304f23f7cfbe19059fef52968777322273c9a80fafba193e50c5de95535e52e90df9c67276b371873b61abd9cbafa34fa978aad8e99/asset_icons/5ff6054688fbaddfc95bb1127283db979a508aa67835f305c5988ce9b0ec8edc.png)
GYEN to the GIP
![Logo for Karrat](https://asset-metadata-service-production.s3.amazonaws.com/asset_icons/be94d66c76017a87764038e7491d5fc34fadf6f209c9527fe543685dae224817.png)
Karrat to the GIP
![Logo for Chiliz](https://dynamic-assets.coinbase.com/272d99cdacc88f37e3dfcc2288a14a28b2943b73f77d81c590506a5ee7ff4908b6c8ce302cbc28f977c311992e23c30dee92ddee4a6676aa0270684b0a17ddb0/asset_icons/e3867b2fce424b81ffa29d4d9c01dca00a4313ca79d0a7834655b50b87106329.png)
Chiliz to the GIP
![Logo for Aurora](https://dynamic-assets.coinbase.com/04a9730129d20e0748b2319425853c788b5121350e77f68458dd421c92106e11c1ab2fa1dc92a6b697eb2b149ffee8b2ed5346914e2aa6a44e28d91296875375/asset_icons/542a05514a97115aa9eaad25e1905909e19874cc0abdbf43add5267904b19c55.png)
Aurora to the GIP
![Logo for Cartesi](https://dynamic-assets.coinbase.com/cc54b966f8f2b6d1892dba1735ae9d8388b20fc5e4f4db763adb70b0efc7938cc8deeb3417994ee66ee6d0398dfec15adcf91fc0b031599e45125b3ea2d6f5b4/asset_icons/81b1d609a3a12379bb5f202fe31b11436fc520dd06986fa8d18cb63ce46373b4.png)
Cartesi to the GIP
![Logo for Axie Infinity](https://dynamic-assets.coinbase.com/ed34b4bc1039d6dc676534148cf61f77fb2cf1cf9de2c71a35880e3051c5b4daa001dde2841fb49e470a18316d53c36b5c7eeaa3e7bbf4f949f2b5b1157f388f/asset_icons/adb3bb720b424e6e1f09cab13dd5a6d2d26eb33c1f84e38a0051569308559655.png)
Axie Infinity to the GIP
![Logo for Gnosis](https://dynamic-assets.coinbase.com/55746ffc2acea9567c7b3281808e3c2bb6f438af89da07736a6889d716a8016857251c6be9a6e731604910f10b43355b2a80f4e6677f0504adbc77a4a35ba00c/asset_icons/b2d894b2a6f48012d6c76968f05d2012bf0aa0a432a56f7236eda53fd35e70d6.png)
Gnosis to the GIP
![Logo for IoTeX](https://dynamic-assets.coinbase.com/4333f1fe9b6d7c74004f9a1e05e0137c8a7bf9bc4ab4238c456ad13e1fe75a0ecbfc44471863c7d1365efb9d5c732e6be411c81ebeb7534d2047e4ec19bb4dc7/asset_icons/aa7e51ce4629df9e7c9fa38a483c0f1d482254f6328099da0ee5422b6a2df097.png)
IoTeX to the GIP
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