ETH to WBTC conversion chart
Ethereum to Wrapped Bitcoin correlation
Technical analysis indicates that there is a strong relationship between Ethereum and Wrapped Bitcoin. ETH and WBTC are positively correlated assets and they tend to move together. If (Wrapped) Bitcoin price shoots up then there are chances that Ethereum also follows this pattern.
ETH Price Change and Market Cap
Currently, the ETH price is 0.05162 WBTC. According to the Ethereum price chart, the 24-hour change is 0.92%. The total market capitalization of Ethereum is $3590 with 3508.39 ETH in circulation. In the previous 24 hours, the Ethereum price hit highs of 0.05192 WBTC and lows of 0.05017 WBTC.
Ethereum Price Prediction
Ethereum is the second most valuable cryptocurrency with a market cap of over $26 Billion as of June 2020. Though there is a huge difference in price between the Ether and Bitcoin, Ethereum is one of the most profitable cryptocurrencies and has an ROI of 8,441.71%. Ethereum price hit an all-time high of $1,432.88 on January 13, 2018. At the beginning of January 2020, Ethereum price was around $130 and grew rapidly in the next few weeks to reach $282.78 in mid-February. By the end of the first quarter, Ethereum price dropped by over a hundred dollars.
In a long-term, 2025 to be more precise, Ethereum price is expected to hit the ten thousand dollar mark. By 2030, Ethereum is predicted to be traded at around $5,000. Though these predictions sound too good to be true, Ethereum has all the potential to hit those prices with adoption and Ethereum 2.0.
Ethereum Wallets
Don't have an ETH wallet yet? Check out our guide to find a perfect match.
We also recommend Trezor, CoolWallet S and Exodus, where you can keep track of live ETH prices as well as instantly exchange Ethereum in the wallet through ChangeHero swap service. Pick one which suits you the best.
ETH to WBTC exchange margin
The closing conversion rate for ETH to WBTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ETH to WBTC would result in an output of 0.05162 WBTC.
How to convert Ethereum to Wrapped Bitcoin
Ethereum 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 Ethereum?
Ethereum revolutionized the blockchain by enabling developers to create smart contracts, self-executable programs which process transactions automatically when preset conditions were met. Also, Ethereum enables the development of decentralized applications on the blockchain. Ethereum was launched in 2014 as an open-source platform by Vitalik Buterin along with Gavin Wood, Charles Hoskinson, Anthony Di Lorio and Joseph Lubin.
Ethereum expanded the reach of the blockchain technology which was previously limited to payment systems. Ethereum is a second-generation blockchain and aims to become the “world computer” by replacing the client-server technology with nodes on the blockchain. Ethereum’s capability of hosting applications gave rise to many new tokens on the platform.
Ether is the native cryptocurrency of the Ethereum blockchain and goes with the ticker ETH. Ethereum uses the Proof-of-Work consensus algorithm for confirming transactions and securing the network. Ether is issued through mining and can be used by the developers to pay for the developing, hosting applications and also to process transactions.
Ethereum to Wrapped Bitcoin price details
ETH to WBTC Conversion Rate and Price
Currently, the conversion rate for 1 ETH equals to 0.05162 WBTC. The 24-hour highest price of Ethereum in relation to WBTC was 0.05192 WBTC and the lowest was 0.05017 WBTC. In short, ETH price in relation to WBTC changed by 0.92%.
Instantly Exchange ETH to WBTC
On ChangeHero you can instantly exchange Ethereum to Wrapped Bitcoin without signup. You can easily convert ETH to WBTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ETH to WBTC exchange.
ETH to WBTC Best Rate Exchange
In the the Best Rate exchange of Ethereum to Wrapped Bitcoin, we search through various exchanges for the ETH 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 ETH 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 ETH to WBTC.
ETH to WBTC Fixed Rate Conversion
In the the Fixed Rate exchange of Ethereum to Wrapped Bitcoin, ChangeHero finds a good rate for the pair ETH to WBTC and fix the rate for up to 15 minutes. In the Best Rate exchange of ETH 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 ETH to WBTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ETH 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 ETH to WBTC?
No, you do not require an account to swap ETH to WBTC on ChangeHero. There will be no registrations for your Ethereum to Wrapped Bitcoin transaction.
Do I need to go through KYC procedures for ETH to WBTC exchange?
There will be no KYC for the ETH 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 ETH?
Yes, you can instantly exchange WBTC to ETH on ChangeHero.
