Convert Wrapped Bitcoin WBTC to NXM NXM
WBTC to NXM: 1 Wrapped Bitcoin converts to 1,234.04 NXM as of November 1 at 12:56 AM
About WBTC and NXM
Wrapped Bitcoin is climbing, while NXM is falling this week. The current WBTC to NXM conversion rate is 1,234.04. Inversely, this means that if you convert 1 NXM you will get 0.00081 WBTC. The conversion rate of WBTC/NXM has increased by 0.31% in the last hour (NXM/WBTC decreased by 0.31%). In the last 24 hours, WBTC/NXM grew by 3.97%, while NXM/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 1,234.04 NXM. In other words, to buy 5 Wrapped Bitcoin, it would cost you 6,170.20 NXM. Inversely, 1 NXM would allow you to trade for 0.000810 WBTC while 50 NXM would convert to 0.0405 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.92%. Meanwhile, in the last 24 hours, the rate has changed by 3.77%, and that the highest exchange rate of 1 WBTC to NXM was 1,254.32 NXM and the lowest 24 hour value was 1 WBTC for 1,184.47 NXM. Last month, 1 WBTC was worth 1,189.40 NXM. Today, it's up 3.62%. Looking back a year, Wrapped Bitcoin has changed by 1,222.41 NXM. That means that in a single year, the value of Wrapped Bitcoin has grown by 0.94%.
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.
NXM Market Stats
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
Conversion tables
WBTC to NXM values from Today at 12:55 am
0.5 WBTC = 617.02 NXM |
1 WBTC = 1,234.04 NXM |
5 WBTC = 6,170.20 NXM |
10 WBTC = 12,340.39 NXM |
50 WBTC = 61,701.96 NXM |
100 WBTC = 123,403.92 NXM |
500 WBTC = 617,019.62 NXM |
1,000 WBTC = 1,234,039.25 NXM |
NXM to WBTC values from Today at 12:55 am
0.5 NXM = 0.000405 WBTC |
1 NXM = 0.000810 WBTC |
5 NXM = 0.0041 WBTC |
10 NXM = 0.0081 WBTC |
50 NXM = 0.0405 WBTC |
100 NXM = 0.0810 WBTC |
500 NXM = 0.41 WBTC |
1,000 NXM = 0.81 WBTC |
WBTC to NXM over time
WBTC | Today | 24H 3.77% | 1M 3.62% | 1Y 0.94% |
|---|---|---|---|---|
0.5 WBTC | 617.02 NXM | 593.74 NXM | 594.70 NXM | 611.20 NXM |
1 WBTC | 1,234.04 NXM | 1,187.48 NXM | 1,189.40 NXM | 1,222.41 NXM |
5 WBTC | 6,170.20 NXM | 5,937.40 NXM | 5,946.98 NXM | 6,112.05 NXM |
10 WBTC | 12,340.39 NXM | 11,874.81 NXM | 11,893.95 NXM | 12,224.09 NXM |
50 WBTC | 61,701.96 NXM | 59,374.05 NXM | 59,469.76 NXM | 61,120.47 NXM |
100 WBTC | 123,403.92 NXM | 118,748.10 NXM | 118,939.52 NXM | 122,240.94 NXM |
500 WBTC | 617,019.62 NXM | 593,740.49 NXM | 594,697.58 NXM | 611,204.69 NXM |
1,000 WBTC | 1,234,039.25 NXM | 1,187,480.98 NXM | 1,189,395.17 NXM | 1,222,409.39 NXM |
Frequently asked questions
How much is 1 Wrapped Bitcoin in USD?
Right now, 1 Wrapped Bitcoin is worth about $109,533.78.
How much WBTC could I buy for 1 USD?
Based on the current rate, you could get 0.00000913 WBTC for 1 USD.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has increased.
How do I calculate or convert WBTC to USD?
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.000046 WBTC. Inversely, 5 WBTC will cost about $547,668.92
How can I buy 1 Wrapped Bitcoin on Coinbase?
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
What are assets similar to Wrapped Bitcoin that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
Related conversions
Popular cryptocurrencies
Learn how to buy other popular cryptocurrencies
Discover popular crypto to currency conversions
Popular price predictions
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency 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.