Convert and Swap Wrapped Bitcoin WBTC to United States Dollar USD
WBTC/USD: 1 Wrapped Bitcoin equals $70,718.22 USD
Last update: 1:27 AM, November 6, 2024
Refresh
Wrapped Bitcoin market latest
Explore Wrapped Bitcoin
Create a Coinbase account to buy and sell Wrapped Bitcoin and start your crypto journey!
Wrapped Bitcoin is falling this week.
The current price of Wrapped Bitcoin is $70,718.22 per WBTC. With a circulating supply of 147,004.693 WBTC, it means that Wrapped Bitcoin has a total market cap of $10,427,514,240.15. The amount of Wrapped Bitcoin traded has fallen by $5,362,043.97 in the last 24 hours, which is a 2.48% decrease. Additionally, in the last day, $216,513,245.56 worth of WBTC has been traded.
Buy Wrapped Bitcoin with Coinbase Wallet
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
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.
Resources
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.
Buy Wrapped Bitcoin with Coinbase
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
Buy Wrapped Bitcoin with Coinbase Wallet
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
Browse related conversions
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 $70,718.22 USD. In other words, to buy 5 Wrapped Bitcoin, it would cost you $353,591.10 USD. Inversely, $1.00 USD would allow you to trade for 0.000014 WBTC while $50.00 USD would convert to 0.000707 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.2%. Meanwhile, in the last 24 hours, the rate has changed by 4.74%, and that the the highest exchange rate of 1 WBTC to United States Dollar was $71,360.33 USD and the lowest 24 hour value was 1 WBTC for $67,427.78 USD. This time last month, the value of 1 WBTC was $61,955.99 USD, which is a 11.81% decrease from where it is now. Looking back a year, Wrapped Bitcoin has changed by $34,582.66 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 |
|---|---|---|---|---|---|---|---|
$67,667.65 USD | 4.74% | $71,957.01 USD | -1.20% | $61,955.99 USD | 11.81% | $34,582.66 USD | 100.32% |
WBTC to USD
Amount | Today at 1:27 am |
|---|---|
0.5 WBTC | $35,359.11 |
1 WBTC | $70,718.22 |
5 WBTC | $353,591.10 |
10 WBTC | $707,182.20 |
50 WBTC | $3,535,911.00 |
100 WBTC | $7,071,822.00 |
500 WBTC | $35,359,110.00 |
1,000 WBTC | $70,718,220.00 |
USD to WBTC
Amount | Today at 1:27 am |
|---|---|
0.5 USD | 0.00000707 WBTC |
1 USD | 0.000014 WBTC |
5 USD | 0.000071 WBTC |
10 USD | 0.000141 WBTC |
50 USD | 0.000707 WBTC |
100 USD | 0.0014 WBTC |
500 USD | 0.0071 WBTC |
1,000 USD | 0.0141 WBTC |
Today vs. 24 hours ago
Amount | Today at 1:27 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | $35,359.11 | $33,823.68 | +4.54% |
1 WBTC | $70,718.22 | $67,647.36 | +4.54% |
5 WBTC | $353,591.10 | $338,236.78 | +4.54% |
10 WBTC | $707,182.20 | $676,473.56 | +4.54% |
50 WBTC | $3,535,911.00 | $3,382,367.80 | +4.54% |
100 WBTC | $7,071,822.00 | $6,764,735.60 | +4.54% |
500 WBTC | $35,359,110.00 | $33,823,678.01 | +4.54% |
1,000 WBTC | $70,718,220.00 | $67,647,356.02 | +4.54% |
Today vs. 1 month ago
Amount | Today at 1:27 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 WBTC | $35,359.11 | $30,968.71 | +14.18% |
1 WBTC | $70,718.22 | $61,937.41 | +14.18% |
5 WBTC | $353,591.10 | $309,687.07 | +14.18% |
10 WBTC | $707,182.20 | $619,374.14 | +14.18% |
50 WBTC | $3,535,911.00 | $3,096,870.68 | +14.18% |
100 WBTC | $7,071,822.00 | $6,193,741.36 | +14.18% |
500 WBTC | $35,359,110.00 | $30,968,706.78 | +14.18% |
1,000 WBTC | $70,718,220.00 | $61,937,413.56 | +14.18% |
Today vs. 1 year ago
Amount | Today at 1:27 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | $35,359.11 | $17,286.15 | +104.55% |
1 WBTC | $70,718.22 | $34,572.29 | +104.55% |
5 WBTC | $353,591.10 | $172,861.45 | +104.55% |
10 WBTC | $707,182.20 | $345,722.91 | +104.55% |
50 WBTC | $3,535,911.00 | $1,728,614.55 | +104.55% |
100 WBTC | $7,071,822.00 | $3,457,229.10 | +104.55% |
500 WBTC | $35,359,110.00 | $17,286,145.49 | +104.55% |
1,000 WBTC | $70,718,220.00 | $34,572,290.98 | +104.55% |
Buy Wrapped Bitcoin with Coinbase
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
Buy Wrapped Bitcoin with Coinbase Wallet
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
Discover assets similar to Wrapped Bitcoin
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.