Convert Wrapped Bitcoin WBTC to Maker MKR
WBTC to MKR: 1 Wrapped Bitcoin converts to 52.96 MKR as of June 12 at 3:51 AM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and MKR
Wrapped Bitcoin is climbing, while Maker is falling this week. The current WBTC to MKR conversion rate is 52.96. Inversely, this means that if you convert 1 MKR you will get 0.0189 WBTC. The conversion rate of WBTC/MKR has decreased by 0.38% in the last hour (MKR/WBTC increased by 0.38%). In the last 24 hours, WBTC/MKR grew by 3.04%, while MKR/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 52.96 MKR. In other words, to buy 5 Wrapped Bitcoin, it would cost you 264.82 MKR. Inversely, 1 MKR would allow you to trade for 0.0189 WBTC while 50 MKR would convert to 0.94 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.06%. Meanwhile, in the last 24 hours, the rate has changed by 2.7%, and that the highest exchange rate of 1 WBTC to MKR was 53.95 MKR and the lowest 24 hour value was 1 WBTC for 49.95 MKR. Last month, 1 WBTC was worth 57.12 MKR. Today, it's down 7.85%. Looking back a year, Wrapped Bitcoin has changed by 43.09 MKR. That means that in a single year, the value of Wrapped Bitcoin has grown by 18.65%.
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.
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.
Conversion tables
WBTC to MKR values from Today at 3:49 am
0.5 WBTC = 26.48 MKR |
1 WBTC = 52.96 MKR |
5 WBTC = 264.82 MKR |
10 WBTC = 529.63 MKR |
50 WBTC = 2,648.16 MKR |
100 WBTC = 5,296.31 MKR |
500 WBTC = 26,481.55 MKR |
1,000 WBTC = 52,963.11 MKR |
MKR to WBTC values from Today at 3:49 am
0.5 MKR = 0.0094 WBTC |
1 MKR = 0.0189 WBTC |
5 MKR = 0.0944 WBTC |
10 MKR = 0.19 WBTC |
50 MKR = 0.94 WBTC |
100 MKR = 1.89 WBTC |
500 MKR = 9.44 WBTC |
1,000 MKR = 18.88 WBTC |
WBTC to MKR over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 26.48 MKR | 25.77 MKR | 28.56 MKR | 21.54 MKR |
1 WBTC | 52.96 MKR | 51.53 MKR | 57.12 MKR | 43.09 MKR |
5 WBTC | 264.82 MKR | 257.66 MKR | 285.60 MKR | 215.43 MKR |
10 WBTC | 529.63 MKR | 515.31 MKR | 571.20 MKR | 430.85 MKR |
50 WBTC | 2,648.16 MKR | 2,576.56 MKR | 2,855.98 MKR | 2,154.26 MKR |
100 WBTC | 5,296.31 MKR | 5,153.13 MKR | 5,711.95 MKR | 4,308.51 MKR |
500 WBTC | 26,481.55 MKR | 25,765.63 MKR | 28,559.76 MKR | 21,542.55 MKR |
1,000 WBTC | 52,963.11 MKR | 51,531.25 MKR | 57,119.53 MKR | 43,085.11 MKR |
Frequently asked questions
How much is 1 Wrapped Bitcoin in MKR?
Right now, 1 Wrapped Bitcoin is worth about 52.96 MKR.
How much WBTC could I buy for 1 MKR?
Based on the current rate, you could get 0.0189 WBTC for 1 MKR.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has increased.
How do I calculate or convert WBTC to MKR?
You can use our WBTC to MKR calculator at the top of this page to convert any amount of WBTC to MKR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MKR is equivalent to 0.0944 WBTC. Inversely, 5 WBTC will cost about 264.82 MKR.
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 Wrapped TRON, Lido wstETH, and Lido Staked ETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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