Convert Wrapped Bitcoin WBTC to Avalanche AVAX
WBTC to AVAX: 1 Wrapped Bitcoin converts to 5,060.34 AVAX as of June 10 at 5:53 AM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and AVAX
Wrapped Bitcoin is falling, while Avalanche is climbing this week. The current WBTC to AVAX conversion rate is 5,060.34. Inversely, this means that if you convert 1 AVAX you will get 0.000198 WBTC. The conversion rate of WBTC/AVAX has decreased by 0.47% in the last hour (AVAX/WBTC increased by 0.47%). In the last 24 hours, WBTC/AVAX shrunk by 2.81%, while AVAX/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 5,060.34 AVAX. In other words, to buy 5 Wrapped Bitcoin, it would cost you 25,301.72 AVAX. Inversely, 1 AVAX would allow you to trade for 0.000198 WBTC while 50 AVAX would convert to 0.0099 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.82%. Meanwhile, in the last 24 hours, the rate has changed by 2.26%, which means that the highest exchange rate of 1 WBTC to AVAX was 5,215.78 AVAX and the lowest 24 hour value was 1 WBTC for 4,950.09 AVAX. Last month, 1 WBTC was worth 4,331.72 AVAX. Today, it's up 14.4%. Looking back a year, Wrapped Bitcoin has changed by 2,327.17 AVAX. That means that in a single year, the value of Wrapped Bitcoin has grown by 54.01%.
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.
Avalanche Market Stats
Avalanche describes itself as an open, programmable smart contracts platform for decentralized applications. AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is compatible with Solidity, Ethereum’s programming language, and can be used to deploy custom private or public blockchains as “subnets.”
Conversion tables
WBTC to AVAX values from Today at 5:51 am
0.5 WBTC = 2,530.17 AVAX |
1 WBTC = 5,060.34 AVAX |
5 WBTC = 25,301.72 AVAX |
10 WBTC = 50,603.43 AVAX |
50 WBTC = 253,017.16 AVAX |
100 WBTC = 506,034.32 AVAX |
500 WBTC = 2,530,171.59 AVAX |
1,000 WBTC = 5,060,343.19 AVAX |
AVAX to WBTC values from Today at 5:51 am
0.5 AVAX = 0.000099 WBTC |
1 AVAX = 0.000198 WBTC |
5 AVAX = 0.000988 WBTC |
10 AVAX = 0.0020 WBTC |
50 AVAX = 0.0099 WBTC |
100 AVAX = 0.0198 WBTC |
500 AVAX = 0.0988 WBTC |
1,000 AVAX = 0.20 WBTC |
WBTC to AVAX over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 2,530.17 AVAX | 2,587.45 AVAX | 2,165.86 AVAX | 1,163.59 AVAX |
1 WBTC | 5,060.34 AVAX | 5,174.90 AVAX | 4,331.72 AVAX | 2,327.17 AVAX |
5 WBTC | 25,301.72 AVAX | 25,874.51 AVAX | 21,658.60 AVAX | 11,635.86 AVAX |
10 WBTC | 50,603.43 AVAX | 51,749.02 AVAX | 43,317.20 AVAX | 23,271.72 AVAX |
50 WBTC | 253,017.16 AVAX | 258,745.08 AVAX | 216,586.02 AVAX | 116,358.59 AVAX |
100 WBTC | 506,034.32 AVAX | 517,490.16 AVAX | 433,172.04 AVAX | 232,717.17 AVAX |
500 WBTC | 2,530,171.59 AVAX | 2,587,450.81 AVAX | 2,165,860.20 AVAX | 1,163,585.85 AVAX |
1,000 WBTC | 5,060,343.19 AVAX | 5,174,901.62 AVAX | 4,331,720.39 AVAX | 2,327,171.71 AVAX |
Frequently asked questions
How much is 1 Wrapped Bitcoin in AVAX?
Right now, 1 Wrapped Bitcoin is worth about 5,060.34 AVAX.
How much WBTC could I buy for 1 AVAX?
Based on the current rate, you could get 0.000198 WBTC for 1 AVAX.
How do I calculate or convert WBTC to AVAX?
You can use our WBTC to AVAX calculator at the top of this page to convert any amount of WBTC to AVAX. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AVAX is equivalent to 0.000988 WBTC. Inversely, 5 WBTC will cost about 25,301.72 AVAX.
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 Staked ETH, Lido wstETH, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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