WBTC Live Price Converter
WBTC to GBP Calculator
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 £ 21 705.13, which is 0.42% change in the past 24 hours and -2.91% in the past 7 days. With a circulating supply of 0, WBTC’s live market cap is £ 3.5B. The 24-hour trading volume is £ 92M.
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
The exchange rate of Wrapped Bitcoin is increasing.
The current value of 1 WBTC is 21 705.13 GBP. Inversely, 1.00 GBP would allow you to trade for 0.0000461 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has decreased by -2.91%. Meanwhile, in the last 24 hours, the rate has changed by 0.42%. This time last month, the value of 1 WBTC was 20 753.7 GBP, which is a 4.38% decrease from where it is now. Looking back a year, WBTC has changed by +3 729.98 GBP.
WBTC to GBP
Asset | Today at 10:11 AM |
0.5 WBTC | 10 852.57 GBP |
1 WBTC | 21 705.13 GBP |
5 WBTC | 108 525.67 GBP |
10 WBTC | 217 051.34 GBP |
50 WBTC | 1 085 256.7 GBP |
100 WBTC | 2 170 513.4 GBP |
500 WBTC | 10 852 566.98 GBP |
1000 WBTC | 21 705 133.97 GBP |
GBP to WBTC
Asset | Today at 10:11 AM |
0.5 GBP | 0.000023 WBTC |
1 GBP | 0.0000461 WBTC |
5 GBP | 0.0002304 WBTC |
10 GBP | 0.0004607 WBTC |
50 GBP | 0.0023036 WBTC |
100 GBP | 0.0046072 WBTC |
500 GBP | 0.023036 WBTC |
1000 GBP | 0.046072 WBTC |
Today vs. 24 hours ago
Asset | Today at 10:11 AM | 24 hours ago | 24H Change |
0.5 WBTC | £10 852.57 | £10 807.08 | +0.42 % |
1 WBTC | £21 705.13 | £21 614.15 | +0.42 % |
5 WBTC | £108 525.67 | £108 070.77 | +0.42 % |
10 WBTC | £217 051.34 | £216 141.55 | +0.42 % |
50 WBTC | £1 085 256.7 | £1 080 707.74 | +0.42 % |
100 WBTC | £2 170 513.4 | £2 161 415.48 | +0.42 % |
500 WBTC | £10 852 566.98 | £10 807 077.39 | +0.42 % |
1000 WBTC | £21 705 133.97 | £21 614 154.78 | +0.42 % |
Today vs. 1 month ago
Asset | Today at 10:11 AM | 1 month ago | 1 month Change |
0.5 WBTC | £10 852.57 | £10 376.85 | +4.38 % |
1 WBTC | £21 705.13 | £20 753.7 | +4.38 % |
5 WBTC | £108 525.67 | £103 768.52 | +4.38 % |
10 WBTC | £217 051.34 | £207 537.04 | +4.38 % |
50 WBTC | £1 085 256.7 | £1 037 685.18 | +4.38 % |
100 WBTC | £2 170 513.4 | £2 075 370.37 | +4.38 % |
500 WBTC | £10 852 566.98 | £10 376 851.83 | +4.38 % |
1000 WBTC | £21 705 133.97 | £20 753 703.67 | +4.38 % |
Today vs. 1 year ago
Asset | Today at 10:11 AM | 1 year ago | 1 year Change |
0.5 WBTC | £10 852.57 | £8 987.58 | +17.18 % |
1 WBTC | £21 705.13 | £17 975.15 | +17.18 % |
5 WBTC | £108 525.67 | £89 875.76 | +17.18 % |
10 WBTC | £217 051.34 | £179 751.52 | +17.18 % |
50 WBTC | £1 085 256.7 | £898 757.61 | +17.18 % |
100 WBTC | £2 170 513.4 | £1 797 515.21 | +17.18 % |
500 WBTC | £10 852 566.98 | £8 987 576.07 | +17.18 % |
1000 WBTC | £21 705 133.97 | £17 975 152.14 | +17.18 % |
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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