Convert Algorand ALGO to Wrapped Bitcoin WBTC
ALGO to WBTC: 1 Algorand converts to 0.00000161 WBTC as of July 5 at 12:06 PM
About ALGO and WBTC
Algorand is falling, while Wrapped Bitcoin is climbing this week. The current ALGO to WBTC conversion rate is 0.00000161. Inversely, this means that if you convert 1 WBTC you will get 622,465.13 ALGO. The conversion rate of ALGO/WBTC has increased by 0.27% in the last hour (WBTC/ALGO decreased by 0.27%). In the last 24 hours, ALGO/WBTC shrunk by 0.16%, while WBTC/ALGO grew by the same amount.
The exchange rate of Algorand is decreasing. The current value of 1 ALGO is 0.00000161 WBTC. In other words, to buy 5 Algorand, it would cost you 0.00000803 WBTC. Inversely, 1 WBTC would allow you to trade for 622,465.13 ALGO while 50 WBTC would convert to 31,123,256.49 ALGO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, and that the highest exchange rate of 1 ALGO to WBTC was 0.00000163 WBTC and the lowest 24 hour value was 1 ALGO for 0.00000160 WBTC. Last month, 1 ALGO was worth 0.00000182 WBTC. Today, it's down 13.48%. Looking back a year, Algorand has changed by 0.00000238 WBTC. That means that in a single year, the value of Algorand has shrank by 48.08%.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
Wrapped Bitcoin Market Stats
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.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
ALGO to WBTC values from Today at 12:06 pm
0.5 ALGO = 0.00000080 WBTC |
1 ALGO = 0.00000161 WBTC |
5 ALGO = 0.00000803 WBTC |
10 ALGO = 0.000016 WBTC |
50 ALGO = 0.000080 WBTC |
100 ALGO = 0.000161 WBTC |
500 ALGO = 0.000803 WBTC |
1,000 ALGO = 0.0016 WBTC |
WBTC to ALGO values from Today at 12:06 pm
0.5 WBTC = 311,232.56 ALGO |
1 WBTC = 622,465.13 ALGO |
5 WBTC = 3,112,325.65 ALGO |
10 WBTC = 6,224,651.30 ALGO |
50 WBTC = 31,123,256.49 ALGO |
100 WBTC = 62,246,512.99 ALGO |
500 WBTC = 311,232,564.94 ALGO |
1,000 WBTC = 622,465,129.87 ALGO |
ALGO to WBTC over time
ALGO | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 ALGO | 0.00000080 WBTC | 0.00000081 WBTC | 0.00000091 WBTC | 0.00000119 WBTC |
1 ALGO | 0.00000161 WBTC | 0.00000161 WBTC | 0.00000182 WBTC | 0.00000238 WBTC |
5 ALGO | 0.00000803 WBTC | 0.00000805 WBTC | 0.00000912 WBTC | 0.000012 WBTC |
10 ALGO | 0.000016 WBTC | 0.000016 WBTC | 0.000018 WBTC | 0.000024 WBTC |
50 ALGO | 0.000080 WBTC | 0.000081 WBTC | 0.000091 WBTC | 0.000119 WBTC |
100 ALGO | 0.000161 WBTC | 0.000161 WBTC | 0.000182 WBTC | 0.000238 WBTC |
500 ALGO | 0.000803 WBTC | 0.000805 WBTC | 0.000912 WBTC | 0.0012 WBTC |
1,000 ALGO | 0.0016 WBTC | 0.0016 WBTC | 0.0018 WBTC | 0.0024 WBTC |
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Frequently asked questions
How much is 1 Algorand in USD?
Right now, 1 Algorand is worth about $0.17.
How much ALGO could I buy for 1 USD?
Based on the current rate, you could get 5.76 ALGO for 1 USD.
How much has the price of Algorand changed?
Algorand price has been declining. Since yesterday, the exchange rate of Algorand has decreased. Since last month, the exchange rate of Algorand has decreased. Since this time last year, the price of Algorand has increased.
How do I calculate or convert ALGO to USD?
You can use our ALGO to USD calculator at the top of this page to convert any amount of ALGO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 28.8 ALGO. Inversely, 5 ALGO will cost about $0.87
How can I buy 1 Algorand on Coinbase?
Algorand is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Algorand.
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Create a Coinbase account to buy and sell Algorand on the most secure crypto exchange.
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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.