Convert Maker MKR to Wrapped Bitcoin WBTC
MKR to WBTC: 1 Maker converts to 0.0197 WBTC as of June 11 at 7:11 AM
Maker (MKR) is not tradable on Coinbase.
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About MKR and WBTC
Maker is climbing, while Wrapped Bitcoin is falling this week. The current MKR to WBTC conversion rate is 0.0197. Inversely, this means that if you convert 1 WBTC you will get 50.86 MKR. The conversion rate of MKR/WBTC has decreased by 0.01% in the last hour (WBTC/MKR increased by 0.01%). In the last 24 hours, MKR/WBTC grew by 10.89%, while WBTC/MKR shrunk by the same amount.
The exchange rate of Maker is increasing. The current value of 1 MKR is 0.0197 WBTC. In other words, to buy 5 Maker, it would cost you 0.0983 WBTC. Inversely, 1 WBTC would allow you to trade for 50.86 MKR while 50 WBTC would convert to 2,543.05 MKR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.52%. Meanwhile, in the last 24 hours, the rate has changed by 10.06%, which means that the highest exchange rate of 1 MKR to WBTC was 0.0199 WBTC and the lowest 24 hour value was 1 MKR for 0.0176 WBTC. Last month, 1 MKR was worth 0.0173 WBTC. Today, it's up 11.79%. Looking back a year, Maker has changed by 0.0232 WBTC. That means that in a single year, the value of Maker has shrank by 18.05%.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
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
MKR to WBTC values from Today at 7:10 am
0.5 MKR = 0.0098 WBTC |
1 MKR = 0.0197 WBTC |
5 MKR = 0.0983 WBTC |
10 MKR = 0.20 WBTC |
50 MKR = 0.98 WBTC |
100 MKR = 1.97 WBTC |
500 MKR = 9.83 WBTC |
1,000 MKR = 19.66 WBTC |
WBTC to MKR values from Today at 7:10 am
0.5 WBTC = 25.43 MKR |
1 WBTC = 50.86 MKR |
5 WBTC = 254.30 MKR |
10 WBTC = 508.61 MKR |
50 WBTC = 2,543.05 MKR |
100 WBTC = 5,086.10 MKR |
500 WBTC = 25,430.48 MKR |
1,000 WBTC = 50,860.97 MKR |
MKR to WBTC over time
MKR | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 MKR | 0.0098 WBTC | 0.0088 WBTC | 0.0087 WBTC | 0.0116 WBTC |
1 MKR | 0.0197 WBTC | 0.0177 WBTC | 0.0173 WBTC | 0.0232 WBTC |
5 MKR | 0.0983 WBTC | 0.0884 WBTC | 0.0867 WBTC | 0.12 WBTC |
10 MKR | 0.20 WBTC | 0.18 WBTC | 0.17 WBTC | 0.23 WBTC |
50 MKR | 0.98 WBTC | 0.88 WBTC | 0.87 WBTC | 1.16 WBTC |
100 MKR | 1.97 WBTC | 1.77 WBTC | 1.73 WBTC | 2.32 WBTC |
500 MKR | 9.83 WBTC | 8.84 WBTC | 8.67 WBTC | 11.60 WBTC |
1,000 MKR | 19.66 WBTC | 17.68 WBTC | 17.34 WBTC | 23.21 WBTC |
Frequently asked questions
How much is 1 Maker in WBTC?
Right now, 1 Maker is worth about 0.0197 WBTC.
How much MKR could I buy for 1 WBTC?
Based on the current rate, you could get 50.86 MKR for 1 WBTC.
How do I calculate or convert MKR to WBTC?
You can use our MKR to WBTC calculator at the top of this page to convert any amount of MKR to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 254.3 MKR. Inversely, 5 MKR will cost about 0.0983 WBTC.
How can I buy 1 Maker on Coinbase?
Maker is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Maker.
What are assets similar to Maker that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Maker, including Aave MKR V2, EGL1, and Ethereum Bridged ZED20. For a more robust list of assets to explore, jump to the asset page dedicated to Maker.
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