Convert Georgian Lari GEL to Wrapped Bitcoin WBTC
GEL to WBTC: 1 Georgian Lari converts to 0.00000340 WBTC as of July 5 at 4:38 AM
About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is GEL 294,217.60 per WBTC. With a circulating supply of 129,018.24 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 37,954,267,972.55. The amount of Wrapped Bitcoin traded has fallen by -GEL 95,702,418.32 in the last 24 hours, which is a 20.23% decrease. Additionally, in the last day, GEL 473,000,415.55 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is GEL 294,217.60 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 1,471,087.99 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000340 WBTC while GEL 50.00 GEL would convert to 0.000170 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.99%. Meanwhile, in the last 24 hours, the rate has changed by 0.92%, which means that the highest exchange rate of 1 WBTC to GEL was GEL 297,008.96 GEL and the lowest 24 hour value was 1 WBTC for GEL 292,019.40 GEL. Last month, 1 WBTC was worth GEL 287,646.49 GEL. Today, it's up 3.25%. Looking back a year, Wrapped Bitcoin has changed by GEL 161,151.67 GEL. That means that in a single year, the value of Wrapped Bitcoin has grown by 85.64%.
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.
Conversion tables
GEL to WBTC values from Today at 4:37 am
GEL 0.50 GEL = 0.00000170 WBTC |
GEL 1.00 GEL = 0.00000340 WBTC |
GEL 5.00 GEL = 0.000017 WBTC |
GEL 10.00 GEL = 0.000034 WBTC |
GEL 50.00 GEL = 0.000170 WBTC |
GEL 100.00 GEL = 0.000340 WBTC |
GEL 500.00 GEL = 0.0017 WBTC |
GEL 1,000.00 GEL = 0.0034 WBTC |
WBTC to GEL values from Today at 4:38 am
0.5 WBTC = GEL 147,108.80 GEL |
1 WBTC = GEL 294,217.60 GEL |
5 WBTC = GEL 1,471,087.99 GEL |
10 WBTC = GEL 2,942,175.97 GEL |
50 WBTC = GEL 14,710,879.87 GEL |
100 WBTC = GEL 29,421,759.73 GEL |
500 WBTC = GEL 147,108,798.66 GEL |
1,000 WBTC = GEL 294,217,597.32 GEL |
GEL to WBTC over time
GEL | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 GEL | 0.00000170 WBTC | 0.00000168 WBTC | 0.00000174 WBTC | 0.00000310 WBTC |
1 GEL | 0.00000340 WBTC | 0.00000337 WBTC | 0.00000348 WBTC | 0.00000621 WBTC |
5 GEL | 0.000017 WBTC | 0.000017 WBTC | 0.000017 WBTC | 0.000031 WBTC |
10 GEL | 0.000034 WBTC | 0.000034 WBTC | 0.000035 WBTC | 0.000062 WBTC |
50 GEL | 0.000170 WBTC | 0.000168 WBTC | 0.000174 WBTC | 0.000310 WBTC |
100 GEL | 0.000340 WBTC | 0.000337 WBTC | 0.000348 WBTC | 0.000621 WBTC |
500 GEL | 0.0017 WBTC | 0.0017 WBTC | 0.0017 WBTC | 0.0031 WBTC |
1,000 GEL | 0.0034 WBTC | 0.0034 WBTC | 0.0035 WBTC | 0.0062 WBTC |
Frequently asked questions
How much is 1 Gelato in USD?
Right now, 1 Gelato is worth about $0.0386.
How much GEL could I buy for 1 USD?
Based on the current rate, you could get 25.93 GEL for 1 USD.
How much has the price of Gelato changed?
Gelato price has been declining. Since yesterday, the exchange rate of Gelato has decreased. Since last month, the exchange rate of Gelato has decreased. Since this time last year, the price of Gelato has decreased.
How do I calculate or convert GEL to USD?
You can use our GEL to USD calculator at the top of this page to convert any amount of GEL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to GEL 129.65 GEL. Inversely, 5 GEL will cost about $0.19
How can I buy 1 Gelato on Coinbase?
Gelato can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gelato.
What are assets similar to Gelato that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Gelato, including Ambire Wallet, MCOIN, and DOGEai. For a more robust list of assets to explore, jump to the asset page dedicated to Gelato.
Related conversions
Popular Wrapped Bitcoin to currency conversions
Advanced asset conversions
Other asset to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.