Convert Steem Dollars SBD to Wrapped Bitcoin WBTC
SBD to WBTC: 1 Steem Dollars converts to 0.00000800 WBTC as of June 9 at 9:32 PM
Steem Dollars (SBD) is not tradable on Coinbase.
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About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is A$167,907.31 per WBTC. With a circulating supply of 128,982.297 WBTC, it means that Wrapped Bitcoin has a total market cap of A$21,607,684,405.04. The amount of Wrapped Bitcoin traded has risen by A$650,471,582.09 in the last 24 hours, which is a 186.11% increase. Additionally, in the last day, A$349,507,447.10 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is A$167,907.31 AUD. In other words, to buy 5 Wrapped Bitcoin, it would cost you A$839,536.56 AUD. Inversely, A$1.00 AUD would allow you to trade for 0.00000596 WBTC while A$50.00 AUD would convert to 0.000298 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.19%. Meanwhile, in the last 24 hours, the rate has changed by 2.76%, which means that the highest exchange rate of 1 WBTC to SBD was A$167,336.05 SBD and the lowest 24 hour value was 1 WBTC for A$161,559.55 SBD. Last month, 1 WBTC was worth A$160,620.65 SBD. Today, it's up 6.05%. Looking back a year, Wrapped Bitcoin has changed by A$105,154.16 SBD. That means that in a single year, the value of Wrapped Bitcoin has grown by 57.13%.
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
SBD to WBTC values from Today at 9:32 pm
0.5 SBD = 0.00000298 WBTC |
1 SBD = 0.00000596 WBTC |
5 SBD = 0.000030 WBTC |
10 SBD = 0.000060 WBTC |
50 SBD = 0.000298 WBTC |
100 SBD = 0.000596 WBTC |
500 SBD = 0.0030 WBTC |
1,000 SBD = 0.0060 WBTC |
WBTC to SBD values from Today at 9:32 pm
0.5 WBTC = SBD 83,953.66 SBD |
1 WBTC = SBD 167,907.31 SBD |
5 WBTC = SBD 839,536.56 SBD |
10 WBTC = SBD 1,679,073.12 SBD |
50 WBTC = SBD 8,395,365.60 SBD |
100 WBTC = SBD 16,790,731.19 SBD |
500 WBTC = SBD 83,953,655.96 SBD |
1,000 WBTC = SBD 167,907,311.92 SBD |
SBD to WBTC over time
SBD | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 SBD | 0.00000298 WBTC | 0.00000306 WBTC | 0.00000311 WBTC | 0.00000475 WBTC |
1 SBD | 0.00000596 WBTC | 0.00000612 WBTC | 0.00000623 WBTC | 0.00000951 WBTC |
5 SBD | 0.000030 WBTC | 0.000031 WBTC | 0.000031 WBTC | 0.000048 WBTC |
10 SBD | 0.000060 WBTC | 0.000061 WBTC | 0.000062 WBTC | 0.000095 WBTC |
50 SBD | 0.000298 WBTC | 0.000306 WBTC | 0.000311 WBTC | 0.000475 WBTC |
100 SBD | 0.000596 WBTC | 0.000612 WBTC | 0.000623 WBTC | 0.000951 WBTC |
500 SBD | 0.0030 WBTC | 0.0031 WBTC | 0.0031 WBTC | 0.0048 WBTC |
1,000 SBD | 0.0060 WBTC | 0.0061 WBTC | 0.0062 WBTC | 0.0095 WBTC |
Frequently asked questions
How much is 1 Steem Dollars in WBTC?
Right now, 1 Steem Dollars is worth about 0.000008 WBTC.
How much SBD could I buy for 1 WBTC?
Based on the current rate, you could get 124,933.16 SBD for 1 WBTC.
How do I calculate or convert SBD to WBTC?
You can use our SBD to WBTC calculator at the top of this page to convert any amount of SBD to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to SBD 624,665.78 SBD. Inversely, 5 SBD will cost about 0.00004 WBTC.
How can I buy 1 Steem Dollars on Coinbase?
Steem Dollars is not currently available through Coinbase, but you can sign up to get the latest news on Steem Dollars and be notified when it is available.
What are assets similar to Steem Dollars that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Steem Dollars, including Kishu Inu, zkLink, and Synternet. For a more robust list of assets to explore, jump to the asset page dedicated to Steem Dollars.
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