WBTC/GIP: Convert Wrapped Bitcoin (WBTC) to Gibraltar Pound (GIP)
1 Wrapped Bitcoin equals GIP 47,901.20 Gibraltar Pound
Last update: 4:22 AM, September 20, 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 47,901.20 per WBTC. With a circulating supply of 153,204.741 WBTC, it means that Wrapped Bitcoin has a total market cap of GIP 7,354,512,045.34. The amount of Wrapped Bitcoin traded has fallen by GIP 6,709,803.63 in the last 24 hours, which is a 5.41% decrease. Additionally, in the last day, GIP 123,984,080.49 worth of WBTC has been traded.
Market cap
£7.4B
Volume (24h)
£124.0M
Circulating supply
153.2K WBTC
Conversion tables
The exchange rate of Wrapped Bitcoin is increasing.
The current value of 1 WBTC is GIP 47,901.20 GIP. In other words, to buy 5 Wrapped Bitcoin, it would cost you GIP 239,505.98 GIP. Inversely, GIP 1.00 GIP would allow you to trade for 0.000021 WBTC while GIP 50.00 GIP would convert to 0.001044 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.17%. Meanwhile, in the last 24 hours, the rate has changed by 3.13%, which means that the the highest exchange rate of 1 WBTC to Gibraltar Pound was 63953.95 GIP and the lowest 24 hour value was 1 WBTC for 61778.135 GIP. This time last month, the value of 1 WBTC was GIP 45,870.59 GIP, which is a 4.43% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -GIP 27,586.85 GIP.
WBTC to GIP
Amount | Today at 4:22 am |
|---|---|
0.5 WBTC | GIP 23,950.60 |
1 WBTC | GIP 47,901.20 |
5 WBTC | GIP 239,505.98 |
10 WBTC | GIP 479,011.96 |
50 WBTC | GIP 2,395,059.79 |
100 WBTC | GIP 4,790,119.59 |
500 WBTC | GIP 23,950,597.95 |
1,000 WBTC | GIP 47,901,195.90 |
GIP to WBTC
Amount | Today at 4:22 am |
|---|---|
0.5 GIP | 0.000010 WBTC |
1 GIP | 0.000021 WBTC |
5 GIP | 0.000104 WBTC |
10 GIP | 0.000209 WBTC |
50 GIP | 0.0010 WBTC |
100 GIP | 0.0021 WBTC |
500 GIP | 0.0104 WBTC |
1,000 GIP | 0.0209 WBTC |
Today vs. 24 hours ago
Amount | Today at 4:22 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | GIP 23,950.60 | GIP 23,223.01 | +3.13% |
1 WBTC | GIP 47,901.20 | GIP 46,446.02 | +3.13% |
5 WBTC | GIP 239,505.98 | GIP 232,230.08 | +3.13% |
10 WBTC | GIP 479,011.96 | GIP 464,460.16 | +3.13% |
50 WBTC | GIP 2,395,059.79 | GIP 2,322,300.79 | +3.13% |
100 WBTC | GIP 4,790,119.59 | GIP 4,644,601.58 | +3.13% |
500 WBTC | GIP 23,950,597.95 | GIP 23,223,007.89 | +3.13% |
1,000 WBTC | GIP 47,901,195.90 | GIP 46,446,015.78 | +3.13% |
Today vs. 1 month ago
Amount | Today at 4:22 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WBTC | GIP 23,950.60 | GIP 22,935.30 | +4.43% |
1 WBTC | GIP 47,901.20 | GIP 45,870.59 | +4.43% |
5 WBTC | GIP 239,505.98 | GIP 229,352.95 | +4.43% |
10 WBTC | GIP 479,011.96 | GIP 458,705.90 | +4.43% |
50 WBTC | GIP 2,395,059.79 | GIP 2,293,529.52 | +4.43% |
100 WBTC | GIP 4,790,119.59 | GIP 4,587,059.03 | +4.43% |
500 WBTC | GIP 23,950,597.95 | GIP 22,935,295.17 | +4.43% |
1,000 WBTC | GIP 47,901,195.90 | GIP 45,870,590.35 | +4.43% |
Today vs. 1 year ago
Amount | Today at 4:22 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | GIP 23,950.60 | GIP 10,157.17 | +135.80% |
1 WBTC | GIP 47,901.20 | GIP 20,314.35 | +135.80% |
5 WBTC | GIP 239,505.98 | GIP 101,571.75 | +135.80% |
10 WBTC | GIP 479,011.96 | GIP 203,143.50 | +135.80% |
50 WBTC | GIP 2,395,059.79 | GIP 1,015,717.48 | +135.80% |
100 WBTC | GIP 4,790,119.59 | GIP 2,031,434.97 | +135.80% |
500 WBTC | GIP 23,950,597.95 | GIP 10,157,174.83 | +135.80% |
1,000 WBTC | GIP 47,901,195.90 | GIP 20,314,349.66 | +135.80% |
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