Convert Wrapped Bitcoin WBTC to Algorand ALGO
WBTC to ALGO: 1 Wrapped Bitcoin converts to 554,209.86 ALGO as of June 9 at 2:21 AM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and ALGO
Wrapped Bitcoin is falling, while Algorand is climbing this week. The current WBTC to ALGO conversion rate is 554,209.86. Inversely, this means that if you convert 1 ALGO you will get 0.0000018 WBTC. The conversion rate of WBTC/ALGO has decreased by 0.38% in the last hour (ALGO/WBTC increased by 0.38%). In the last 24 hours, WBTC/ALGO shrunk by 0.35%, while ALGO/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 554,209.86 ALGO. In other words, to buy 5 Wrapped Bitcoin, it would cost you 2,771,049.31 ALGO. Inversely, 1 ALGO would allow you to trade for 0.00000180 WBTC while 50 ALGO would convert to 0.000090 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 WBTC to ALGO was 564,771.61 ALGO and the lowest 24 hour value was 1 WBTC for 548,497.59 ALGO. Last month, 1 WBTC was worth 452,709.44 ALGO. Today, it's up 18.31%. Looking back a year, Wrapped Bitcoin has changed by 417,523.44 ALGO. That means that in a single year, the value of Wrapped Bitcoin has grown by 24.66%.
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.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
Conversion tables
WBTC to ALGO values from Today at 2:21 am
0.5 WBTC = 277,104.93 ALGO |
1 WBTC = 554,209.86 ALGO |
5 WBTC = 2,771,049.31 ALGO |
10 WBTC = 5,542,098.62 ALGO |
50 WBTC = 27,710,493.12 ALGO |
100 WBTC = 55,420,986.25 ALGO |
500 WBTC = 277,104,931.24 ALGO |
1,000 WBTC = 554,209,862.49 ALGO |
ALGO to WBTC values from Today at 2:21 am
0.5 ALGO = 0.00000090 WBTC |
1 ALGO = 0.00000180 WBTC |
5 ALGO = 0.00000902 WBTC |
10 ALGO = 0.000018 WBTC |
50 ALGO = 0.000090 WBTC |
100 ALGO = 0.000180 WBTC |
500 ALGO = 0.000902 WBTC |
1,000 ALGO = 0.0018 WBTC |
WBTC to ALGO over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 277,104.93 ALGO | 277,678.76 ALGO | 226,354.72 ALGO | 208,761.72 ALGO |
1 WBTC | 554,209.86 ALGO | 555,357.51 ALGO | 452,709.44 ALGO | 417,523.44 ALGO |
5 WBTC | 2,771,049.31 ALGO | 2,776,787.56 ALGO | 2,263,547.20 ALGO | 2,087,617.19 ALGO |
10 WBTC | 5,542,098.62 ALGO | 5,553,575.11 ALGO | 4,527,094.39 ALGO | 4,175,234.38 ALGO |
50 WBTC | 27,710,493.12 ALGO | 27,767,875.55 ALGO | 22,635,471.97 ALGO | 20,876,171.88 ALGO |
100 WBTC | 55,420,986.25 ALGO | 55,535,751.11 ALGO | 45,270,943.94 ALGO | 41,752,343.75 ALGO |
500 WBTC | 277,104,931.24 ALGO | 277,678,755.53 ALGO | 226,354,719.71 ALGO | 208,761,718.75 ALGO |
1,000 WBTC | 554,209,862.49 ALGO | 555,357,511.06 ALGO | 452,709,439.42 ALGO | 417,523,437.50 ALGO |
Frequently asked questions
How much is 1 Wrapped Bitcoin in ALGO?
Right now, 1 Wrapped Bitcoin is worth about 554,707.55 ALGO.
How much WBTC could I buy for 1 ALGO?
Based on the current rate, you could get 0.0000018 WBTC for 1 ALGO.
How do I calculate or convert WBTC to ALGO?
You can use our WBTC to ALGO calculator at the top of this page to convert any amount of WBTC to ALGO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ALGO is equivalent to 0.00000901 WBTC. Inversely, 5 WBTC will cost about 2,773,537.74 ALGO.
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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