Convert Wrapped Bitcoin WBTC to Dai DAI
WBTC to DAI: 1 Wrapped Bitcoin converts to 88,120.53 DAI as of December 21 at 5:44 PM
About WBTC and DAI
Wrapped Bitcoin is climbing, while Dai is falling this week. The current WBTC to DAI conversion rate is 88,120.53. Inversely, this means that if you convert 1 DAI you will get 0.000011 WBTC. The conversion rate of WBTC/DAI has increased by 0.15% in the last hour (DAI/WBTC decreased by 0.15%). In the last 24 hours, WBTC/DAI grew by 0.13%, while DAI/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 88,120.53 DAI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 440,602.67 DAI. Inversely, 1 DAI would allow you to trade for 0.000011 WBTC while 50 DAI would convert to 0.000567 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.62%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, and that the highest exchange rate of 1 WBTC to DAI was 88,699.77 DAI and the lowest 24 hour value was 1 WBTC for 87,532.89 DAI. Last month, 1 WBTC was worth 83,360.67 DAI. Today, it's up 5.4%. Looking back a year, Wrapped Bitcoin has changed by 96,896.37 DAI. That means that in a single year, the value of Wrapped Bitcoin has shrank by 9.96%.
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.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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Conversion tables
WBTC to DAI values from Today at 5:44 pm
0.5 WBTC = 44,060.27 DAI |
1 WBTC = 88,120.53 DAI |
5 WBTC = 440,602.67 DAI |
10 WBTC = 881,205.33 DAI |
50 WBTC = 4,406,026.67 DAI |
100 WBTC = 8,812,053.34 DAI |
500 WBTC = 44,060,266.68 DAI |
1,000 WBTC = 88,120,533.35 DAI |
DAI to WBTC values from Today at 5:44 pm
0.5 DAI = 0.00000567 WBTC |
1 DAI = 0.000011 WBTC |
5 DAI = 0.000057 WBTC |
10 DAI = 0.000113 WBTC |
50 DAI = 0.000567 WBTC |
100 DAI = 0.0011 WBTC |
500 DAI = 0.0057 WBTC |
1,000 DAI = 0.0113 WBTC |
WBTC to DAI over time
WBTC | Today | 24H 0.15% | 1M 5.40% | 1Y -9.96% |
|---|---|---|---|---|
0.5 WBTC | 44,060.27 DAI | 43,995.47 DAI | 41,680.33 DAI | 48,448.18 DAI |
1 WBTC | 88,120.53 DAI | 87,990.94 DAI | 83,360.67 DAI | 96,896.37 DAI |
5 WBTC | 440,602.67 DAI | 439,954.72 DAI | 416,803.34 DAI | 484,481.84 DAI |
10 WBTC | 881,205.33 DAI | 879,909.45 DAI | 833,606.68 DAI | 968,963.67 DAI |
50 WBTC | 4,406,026.67 DAI | 4,399,547.25 DAI | 4,168,033.39 DAI | 4,844,818.36 DAI |
100 WBTC | 8,812,053.34 DAI | 8,799,094.49 DAI | 8,336,066.77 DAI | 9,689,636.73 DAI |
500 WBTC | 44,060,266.68 DAI | 43,995,472.47 DAI | 41,680,333.86 DAI | 48,448,183.64 DAI |
1,000 WBTC | 88,120,533.35 DAI | 87,990,944.94 DAI | 83,360,667.73 DAI | 96,896,367.29 DAI |
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Frequently asked questions
How much is 1 Wrapped Bitcoin in BRL?
Right now, 1 Wrapped Bitcoin is worth about R$488,356.61.
How much WBTC could I buy for 1 BRL?
Based on the current rate, you could get 0.00000205 WBTC for 1 BRL.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
How do I calculate or convert WBTC to BRL?
You can use our WBTC to BRL calculator at the top of this page to convert any amount of WBTC to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 0.00001 WBTC. Inversely, 5 WBTC will cost about R$2,441,783.07
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 wstETH, Wrapped Beacon ETH, 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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Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
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