Convert Wrapped Bitcoin WBTC to Dai DAI
WBTC to DAI: 1 Wrapped Bitcoin converts to 105,664.92 DAI as of June 9 at 12:23 AM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and DAI
Wrapped Bitcoin is climbing, while Dai is falling this week. The current WBTC to DAI conversion rate is 105,664.92. Inversely, this means that if you convert 1 DAI you will get 0.00000946 WBTC. The conversion rate of WBTC/DAI has increased by 0.04% in the last hour (DAI/WBTC decreased by 0.04%). In the last 24 hours, WBTC/DAI grew by 0.1%, while DAI/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 105,664.92 DAI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 528,324.61 DAI. Inversely, 1 DAI would allow you to trade for 0.00000946 WBTC while 50 DAI would convert to 0.000473 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.13%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, which means that the highest exchange rate of 1 WBTC to DAI was 106,334.40 DAI and the lowest 24 hour value was 1 WBTC for 105,071.37 DAI. Last month, 1 WBTC was worth 103,068.69 DAI. Today, it's up 2.46%. Looking back a year, Wrapped Bitcoin has changed by 69,486.32 DAI. That means that in a single year, the value of Wrapped Bitcoin has grown by 34.24%.
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.
Conversion tables
WBTC to DAI values from Today at 12:23 am
0.5 WBTC = 52,832.46 DAI |
1 WBTC = 105,664.92 DAI |
5 WBTC = 528,324.61 DAI |
10 WBTC = 1,056,649.22 DAI |
50 WBTC = 5,283,246.09 DAI |
100 WBTC = 10,566,492.18 DAI |
500 WBTC = 52,832,460.92 DAI |
1,000 WBTC = 105,664,921.85 DAI |
DAI to WBTC values from Today at 12:23 am
0.5 DAI = 0.00000473 WBTC |
1 DAI = 0.00000946 WBTC |
5 DAI = 0.000047 WBTC |
10 DAI = 0.000095 WBTC |
50 DAI = 0.000473 WBTC |
100 DAI = 0.000946 WBTC |
500 DAI = 0.0047 WBTC |
1,000 DAI = 0.0095 WBTC |
WBTC to DAI over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 52,832.46 DAI | 52,797.71 DAI | 51,534.35 DAI | 34,743.16 DAI |
1 WBTC | 105,664.92 DAI | 105,595.42 DAI | 103,068.69 DAI | 69,486.32 DAI |
5 WBTC | 528,324.61 DAI | 527,977.09 DAI | 515,343.47 DAI | 347,431.61 DAI |
10 WBTC | 1,056,649.22 DAI | 1,055,954.19 DAI | 1,030,686.95 DAI | 694,863.23 DAI |
50 WBTC | 5,283,246.09 DAI | 5,279,770.93 DAI | 5,153,434.74 DAI | 3,474,316.15 DAI |
100 WBTC | 10,566,492.18 DAI | 10,559,541.86 DAI | 10,306,869.49 DAI | 6,948,632.29 DAI |
500 WBTC | 52,832,460.92 DAI | 52,797,709.32 DAI | 51,534,347.43 DAI | 34,743,161.47 DAI |
1,000 WBTC | 105,664,921.85 DAI | 105,595,418.64 DAI | 103,068,694.86 DAI | 69,486,322.95 DAI |
Frequently asked questions
How much is 1 Wrapped Bitcoin in DAI?
Right now, 1 Wrapped Bitcoin is worth about 105,664.92 DAI.
How much WBTC could I buy for 1 DAI?
Based on the current rate, you could get 0.00000946 WBTC for 1 DAI.
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 increased.
How do I calculate or convert WBTC to DAI?
You can use our WBTC to DAI calculator at the top of this page to convert any amount of WBTC to DAI. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 DAI is equivalent to 0.000047 WBTC. Inversely, 5 WBTC will cost about 528,324.61 DAI.
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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