Convert Georgian Lari GEL to Wrapped Bitcoin WBTC
GEL to WBTC: 1 Georgian Lari converts to 0.00000346 WBTC as of June 13 at 11:04 PM
About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is GEL 288,891.99 per WBTC. With a circulating supply of 128,982.297 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 37,254,440,955.58. The amount of Wrapped Bitcoin traded has risen by GEL 393,879,911.86 in the last 24 hours, which is a 39.19% increase. Additionally, in the last day, GEL 1,005,102,215.98 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is GEL 288,891.99 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 1,444,459.93 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000346 WBTC while GEL 50.00 GEL would convert to 0.000173 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.16%, which means that the highest exchange rate of 1 WBTC to GEL was GEL 289,743.90 GEL and the lowest 24 hour value was 1 WBTC for GEL 281,810.92 GEL. Last month, 1 WBTC was worth GEL 286,100.89 GEL. Today, it's up 1.41%. Looking back a year, Wrapped Bitcoin has changed by GEL 189,437.46 GEL. That means that in a single year, the value of Wrapped Bitcoin has grown by 59.99%.
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 11:02 pm
0.5 GEL = 0.00000173 WBTC |
1 GEL = 0.00000346 WBTC |
5 GEL = 0.000017 WBTC |
10 GEL = 0.000035 WBTC |
50 GEL = 0.000173 WBTC |
100 GEL = 0.000346 WBTC |
500 GEL = 0.0017 WBTC |
1,000 GEL = 0.0035 WBTC |
WBTC to GEL values from Today at 11:03 pm
0.5 WBTC = GEL 144,445.99 GEL |
1 WBTC = GEL 288,891.99 GEL |
5 WBTC = GEL 1,444,459.93 GEL |
10 WBTC = GEL 2,888,919.85 GEL |
50 WBTC = GEL 14,444,599.27 GEL |
100 WBTC = GEL 28,889,198.55 GEL |
500 WBTC = GEL 144,445,992.73 GEL |
1,000 WBTC = GEL 288,891,985.46 GEL |
GEL to WBTC over time
GEL | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 GEL | 0.00000173 WBTC | 0.00000173 WBTC | 0.00000175 WBTC | 0.00000264 WBTC |
1 GEL | 0.00000346 WBTC | 0.00000345 WBTC | 0.00000350 WBTC | 0.00000528 WBTC |
5 GEL | 0.000017 WBTC | 0.000017 WBTC | 0.000017 WBTC | 0.000026 WBTC |
10 GEL | 0.000035 WBTC | 0.000035 WBTC | 0.000035 WBTC | 0.000053 WBTC |
50 GEL | 0.000173 WBTC | 0.000173 WBTC | 0.000175 WBTC | 0.000264 WBTC |
100 GEL | 0.000346 WBTC | 0.000345 WBTC | 0.000350 WBTC | 0.000528 WBTC |
500 GEL | 0.0017 WBTC | 0.0017 WBTC | 0.0017 WBTC | 0.0026 WBTC |
1,000 GEL | 0.0035 WBTC | 0.0035 WBTC | 0.0035 WBTC | 0.0053 WBTC |
Frequently asked questions
How much is 1 Gelato in ARS?
Right now, 1 Gelato is worth about ARS 82.31.
How much GEL could I buy for 1 ARS?
Based on the current rate, you could get 0.0121 GEL for 1 ARS.
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 ARS?
You can use our GEL to ARS calculator at the top of this page to convert any amount of GEL to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to GEL 0.0607 GEL. Inversely, 5 GEL will cost about ARS 411.56
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 QuickSwap, ZUSD, and Quickswap [New]. 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.