Convert and Swap Wrapped Bitcoin WBTC to United States Dollar USD
WBTC/USD: 1 Wrapped Bitcoin equals $65,299.62 USD
Last update: 1:39 PM, September 28, 2024
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Wrapped Bitcoin is climbing this week.
The current price of Wrapped Bitcoin is $65,299.62 per WBTC. With a circulating supply of 153,148.641 WBTC, it means that Wrapped Bitcoin has a total market cap of $10,013,185,050.81. The amount of Wrapped Bitcoin traded has fallen by $19,859,338.42 in the last 24 hours, which is a 14.09% decrease. Additionally, in the last day, $140,937,338.53 worth of WBTC has been traded.
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About Wrapped Bitcoin
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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How Wrapped Bitcoin and United States Dollar differ
Wrapped Bitcoin (WBTC) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. WBTC is a cryptocurrency that operates on the Ethereum blockchain, maintaining a value pegged to Bitcoin. It's an ERC-20 token, which means it's compatible with the Ethereum network's standard, allowing it to be integrated into the Ethereum ecosystem. This integration enables WBTC to be utilized in various decentralized finance (DeFi) applications, such as decentralized exchanges and crypto lending services. On the other hand, the USD is a traditional fiat currency, issued and regulated by the U.S. government, and used as the standard unit of value in international markets. Unlike WBTC, the USD is not tied to any digital asset and does not operate on a blockchain. It is used in traditional finance systems and does not have the same level of integration with DeFi applications. The value of WBTC is backed by Bitcoin at a 1:1 ratio, maintained by a network of merchants and custodians, while the value of the USD is backed by the full faith and credit of the U.S. government.
Frequently asked questions
How much is 1 Wrapped Bitcoin in USD?
Right now, 1 Wrapped Bitcoin is worth about $65,299.62.
How much WBTC could I buy for 1 USD?
Based on the current rate, you could get 0.000015 WBTC for 1 USD.
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 increased. Since this time last year, the price of Wrapped Bitcoin has increased.
How do I calculate or convert WBTC to USD?
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.000077 WBTC. Inversely, 5 WBTC will cost about 326,498.1 USD.
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.
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Buy Wrapped Bitcoin with Coinbase Wallet
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Popular Wrapped Bitcoin conversions
A selection of other popular currency conversions of Wrapped Bitcoin to various fiat currencies.
WBTC to United States Dollar conversion tables
The exchange rate of Wrapped Bitcoin is increasing.
The current value of 1 WBTC is $65,299.62 USD. In other words, to buy 5 Wrapped Bitcoin, it would cost you $326,498.10 USD. Inversely, $1.00 USD would allow you to trade for 0.000015 WBTC while $50.00 USD would convert to 0.000766 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.54%. Meanwhile, in the last 24 hours, the rate has changed by 0.14%, which means that the the highest exchange rate of 1 WBTC to United States Dollar was $66,255.16 USD and the lowest 24 hour value was 1 WBTC for $65,201.96 USD. This time last month, the value of 1 WBTC was $59,335.67 USD, which is a 10.5% decrease from where it is now. Looking back a year, Wrapped Bitcoin has changed by $26,559.59 USD.
WBTC to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$65,201.96 USD | 0.14% | $63,060.73 USD | 3.54% | $59,335.67 USD | 10.50% | $26,559.59 USD | 147.05% |
WBTC to USD
Amount | Today at 1:39 pm |
|---|---|
0.5 WBTC | $32,649.81 |
1 WBTC | $65,299.62 |
5 WBTC | $326,498.10 |
10 WBTC | $652,996.20 |
50 WBTC | $3,264,981.00 |
100 WBTC | $6,529,962.00 |
500 WBTC | $32,649,810.00 |
1,000 WBTC | $65,299,620.00 |
USD to WBTC
Amount | Today at 1:39 pm |
|---|---|
0.5 USD | 0.00000766 WBTC |
1 USD | 0.000015 WBTC |
5 USD | 0.000077 WBTC |
10 USD | 0.000153 WBTC |
50 USD | 0.000766 WBTC |
100 USD | 0.0015 WBTC |
500 USD | 0.0077 WBTC |
1,000 USD | 0.0153 WBTC |
Today vs. 24 hours ago
Amount | Today at 1:39 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | $32,649.81 | $32,600.98 | +0.15% |
1 WBTC | $65,299.62 | $65,201.96 | +0.15% |
5 WBTC | $326,498.10 | $326,009.78 | +0.15% |
10 WBTC | $652,996.20 | $652,019.55 | +0.15% |
50 WBTC | $3,264,981.00 | $3,260,097.75 | +0.15% |
100 WBTC | $6,529,962.00 | $6,520,195.50 | +0.15% |
500 WBTC | $32,649,810.00 | $32,600,977.50 | +0.15% |
1,000 WBTC | $65,299,620.00 | $65,201,955.00 | +0.15% |
Today vs. 1 month ago
Amount | Today at 1:39 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WBTC | $32,649.81 | $29,667.83 | +10.05% |
1 WBTC | $65,299.62 | $59,335.67 | +10.05% |
5 WBTC | $326,498.10 | $296,678.33 | +10.05% |
10 WBTC | $652,996.20 | $593,356.65 | +10.05% |
50 WBTC | $3,264,981.00 | $2,966,783.25 | +10.05% |
100 WBTC | $6,529,962.00 | $5,933,566.50 | +10.05% |
500 WBTC | $32,649,810.00 | $29,667,832.50 | +10.05% |
1,000 WBTC | $65,299,620.00 | $59,335,665.00 | +10.05% |
Today vs. 1 year ago
Amount | Today at 1:39 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | $32,649.81 | $13,279.80 | +145.86% |
1 WBTC | $65,299.62 | $26,559.59 | +145.86% |
5 WBTC | $326,498.10 | $132,797.95 | +145.86% |
10 WBTC | $652,996.20 | $265,595.90 | +145.86% |
50 WBTC | $3,264,981.00 | $1,327,979.50 | +145.86% |
100 WBTC | $6,529,962.00 | $2,655,959.00 | +145.86% |
500 WBTC | $32,649,810.00 | $13,279,795.00 | +145.86% |
1,000 WBTC | $65,299,620.00 | $26,559,590.00 | +145.86% |
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Buy Wrapped Bitcoin with Coinbase Wallet
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
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