BTC to WBTC conversion chart
Bitcoin to Wrapped Bitcoin correlation
The correlation between BTC and WBTC is 1:1. Minor difference can occur due to them being traded on different markets.
BTC Price Change and Market Cap
Currently, the BTC price is 1.002 WBTC. According to the Bitcoin price chart, the 24-hour change is 0.10%. The total market capitalization of Bitcoin is $153 with 152.64 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 1.002 WBTC and lows of 1.001 WBTC.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to WBTC exchange margin
The closing conversion rate for BTC to WBTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to WBTC would result in an output of 1.002 WBTC.
How to convert Bitcoin to Wrapped Bitcoin
Bitcoin and Wrapped Bitcoin comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
Wrapped Bitcoin is a token that follows the price of Bitcoin (BTC) on another blockchain. It is useful for DeFi products, for example, on the Ethereum blockchain. You can lend, loan and make use of BTC price action with the WBTC tokens. Wrapped Bitcoin was first announced on October 26, 2018, and officially launched on January 31, 2019. It was jointly developed by BitGo, Ren and Kyber Network.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Wrapped Bitcoin price details
BTC to WBTC Conversion Rate and Price
Currently, the conversion rate for 1 BTC equals to 1.002 WBTC. The 24-hour highest price of Bitcoin in relation to WBTC was 1.002 WBTC and the lowest was 1.001 WBTC. In short, BTC price in relation to WBTC changed by 0.10%.
Instantly Exchange BTC to WBTC
On ChangeHero you can instantly exchange Bitcoin to Wrapped Bitcoin without signup. You can easily convert BTC to WBTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to WBTC exchange.
BTC to WBTC Best Rate Exchange
In the the Best Rate exchange of Bitcoin to Wrapped Bitcoin, we search through various exchanges for the BTC to WBTC pair and find the best rate available in the market. We provide you with an estimation of the amount of WBTC you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of WBTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to WBTC.
BTC to WBTC Fixed Rate Conversion
In the the Fixed Rate exchange of Bitcoin to Wrapped Bitcoin, ChangeHero finds a good rate for the pair BTC to WBTC and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to WBTC, you will receive the exact amount of WBTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned WBTC address. ChangeHero is the best place to exchange BTC to WBTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to WBTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to WBTC?
No, you do not require an account to swap BTC to WBTC on ChangeHero. There will be no registrations for your Bitcoin to Wrapped Bitcoin transaction.
Do I need to go through KYC procedures for BTC to WBTC exchange?
There will be no KYC for the BTC to WBTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange WBTC to BTC?
Yes, you can instantly exchange WBTC to BTC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy Bitcoin with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
