WBTC to GBP Live Price Converter
Wrapped Bitcoin (WBTC) is an innovative version of bitcoin designed to empower bitcoin holders to tap into the thriving world of decentralized finance (DeFi) protocols that have gained popularity on and through the Ethereum network. As an ERC-20 token, WBTC offers Ethereum an exclusive edge, drawing liquidity from the Bitcoin ecosystem onto the Ethereum platform.
The creation of WBTC tokens involves BTC holders submitting requests for new tokens to a merchant, who then carries out rigorous KYC (Know Your Customer) and AML (Anti-Money Laundering) checks. This merchant subsequently initiates the necessary transaction with an approved custodian to mint the WBTC tokens, which are then sent to the merchant’s custody.
The customer then gets to exchange their BTC for WBTC with the merchant, whether through a centralized exchange (CEX), decentralized exchange (DEX), or atomic swap. Notably, only merchants have the authority to redeem WBTC for BTC tokens in this safeguarded procedure.
Owing to the specific purpose of Wrapped Bitcoin and its distinctive minting process, there exists a relatively low circulating supply of WBTC. This supply aligns perfectly with the total maximum supply, given that it only expands as new tokens are minted.
You can keep an eye on the real-time WBTC price on Bitsgap’s crypto converter and calculator. It provides round-the-clock live updates of exchange rates between cryptocurrencies and fiat currencies, including BTC, ETH, XRP, and fiat currencies like USD, EUR, GBP.
Real-time WBTC Price Rates in GBP
WBTC Live Data
The current WBTC price is £ 79 005.97, which is % change in the past 24 hours and % in the past 7 days. WBTC’s live market cap is £ 0. The 24-hour trading volume is £ 0.
The conversion rates are calculated using the Live WBTC Price Index along with other digital asset price indices. The WBTC/USD exchange rate is updated in real-time.
Follow Bitsgap’s crypto converter and calculator for 24/7 live updates of the exchange rates between crypto and fiat currencies, including BTC, ETH, XRP to USD, EUR, GBP.
WBTC Supported Exchanges
Exchange | Price | Volume | ||
---|---|---|---|---|
Bybit | - | - | ||
Kraken | - | - | ||
WhiteBit | - | - | ||
Crypto.com | - | - | ||
OKX | - | - | ||
Kucoin | - | - | ||
Poloniex | - | - | ||
Bitget | - | - | ||
Bitfinex | - | - | ||
Binance US | - | - | ||
HitBTC | - | - | ||
Gate.io | - | - | ||
Binance | - | - | ||
Coinbase | - | - | ||
BitMart | - | - | ||
Gemini | - | - |
The exchange rate of wbtc is decreasing.
The current value of 1 WBTC is 79 005.97 GBP. Inversely, 1.00 GBP would allow you to trade for 0.0000127 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has decreased by %. Meanwhile, in the last 24 hours, the rate has changed by %. This time last month, the value of 1 WBTC was 80 021.88 GBP, which is a 1.29% increase from where it is now. Looking back a year, WBTC has changed by +45 973.41 GBP.
WBTC to GBP
Asset | Today at 11:11 AM |
0.5 WBTC | 39 502.98 GBP |
1 WBTC | 79 005.97 GBP |
5 WBTC | 395 029.85 GBP |
10 WBTC | 790 059.7 GBP |
50 WBTC | 3 950 298.48 GBP |
100 WBTC | 7 900 596.97 GBP |
500 WBTC | 39 502 984.83 GBP |
1000 WBTC | 79 005 969.66 GBP |
GBP to WBTC
Asset | Today at 11:11 AM |
0.5 GBP | 0.0000063 WBTC |
1 GBP | 0.0000127 WBTC |
5 GBP | 0.0000633 WBTC |
10 GBP | 0.0001266 WBTC |
50 GBP | 0.0006329 WBTC |
100 GBP | 0.0012657 WBTC |
500 GBP | 0.0063286 WBTC |
1000 GBP | 0.0126573 WBTC |
Today vs. 24 hours ago
Asset | Today at 11:11 AM | 24 hours ago | 24H Change |
0.5 WBTC | £39 502.98 | £39 502.98 | 0.00 % |
1 WBTC | £79 005.97 | £79 005.97 | 0.00 % |
5 WBTC | £395 029.85 | £395 029.85 | 0.00 % |
10 WBTC | £790 059.7 | £790 059.7 | 0.00 % |
50 WBTC | £3 950 298.48 | £3 950 298.48 | 0.00 % |
100 WBTC | £7 900 596.97 | £7 900 596.97 | 0.00 % |
500 WBTC | £39 502 984.83 | £39 502 984.83 | 0.00 % |
1000 WBTC | £79 005 969.66 | £79 005 969.66 | 0.00 % |
Today vs. 1 month ago
Asset | Today at 11:11 AM | 1 month ago | 1 month Change |
0.5 WBTC | £39 502.98 | £40 010.94 | -1.29 % |
1 WBTC | £79 005.97 | £80 021.88 | -1.29 % |
5 WBTC | £395 029.85 | £400 109.38 | -1.29 % |
10 WBTC | £790 059.7 | £800 218.75 | -1.29 % |
50 WBTC | £3 950 298.48 | £4 001 093.76 | -1.29 % |
100 WBTC | £7 900 596.97 | £8 002 187.52 | -1.29 % |
500 WBTC | £39 502 984.83 | £40 010 937.62 | -1.29 % |
1000 WBTC | £79 005 969.66 | £80 021 875.25 | -1.29 % |
Today vs. 1 year ago
Asset | Today at 11:11 AM | 1 year ago | 1 year Change |
0.5 WBTC | £39 502.98 | £16 516.28 | +58.19 % |
1 WBTC | £79 005.97 | £33 032.56 | +58.19 % |
5 WBTC | £395 029.85 | £165 162.81 | +58.19 % |
10 WBTC | £790 059.7 | £330 325.62 | +58.19 % |
50 WBTC | £3 950 298.48 | £1 651 628.09 | +58.19 % |
100 WBTC | £7 900 596.97 | £3 303 256.18 | +58.19 % |
500 WBTC | £39 502 984.83 | £16 516 280.89 | +58.19 % |
1000 WBTC | £79 005 969.66 | £33 032 561.79 | +58.19 % |
Trading Bots
FAQ
As Wrapped Bitcoin tokens conform to the ERC-20 token standard, you can harness them across the vast and vibrant Ethereum ecosystem. This opens up a world of possibilities, from trading on decentralized exchanges such as Uniswap, 1Inch, and Sushiswap, to diving into the universe of decentralized finance opportunities through protocols and platforms that support WBTC.
The DeFi opportunities with WBTC are as vast as the crypto universe itself! You can venture into lending and borrowing, explore the fertile lands of yield farming, engage in token swapping, and participate in liquidity pools. A host of protocols and platforms, including big names like Aave, Balancer, Compound, and MakerDAO, are ready to welcome Wrapped Bitcoin with open arms. Some of these providers might even distribute their native governance tokens as an additional incentive.
And it gets even better! Businesses can leverage WBTC as collateral for a crypto-backed loan, creating a significant opportunity. Plus, as a WBTC holder, you can earn interest by providing liquidity, even though the Annual Percentage Yield (APY) might be on the lower end. But, hey, every bit counts!
Looking for more adrenaline? Try your hand at margin trading with WBTC! Here, Wrapped Bitcoin can be used to margin trade Ethereum, stablecoins, and other ERC-20 tokens. Users can use WBTC to enhance fund security while trading, a process that’s entirely non-custodial and powered by the magic of smart contract technology.
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