Convert Wrapped Bitcoin WBTC to EOS EOS
WBTC to EOS: 1 Wrapped Bitcoin converts to 179,077.43 EOS as of June 8 at 6:44 PM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and EOS
Wrapped Bitcoin is climbing, while EOS is falling this week. The current WBTC to EOS conversion rate is 179,077.43. Inversely, this means that if you convert 1 EOS you will get 0.00000558 WBTC. The conversion rate of WBTC/EOS has decreased by 0.28% in the last hour (EOS/WBTC increased by 0.28%). In the last 24 hours, WBTC/EOS grew by 0.12%, while EOS/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 179,077.43 EOS. In other words, to buy 5 Wrapped Bitcoin, it would cost you 895,387.16 EOS. Inversely, 1 EOS would allow you to trade for 0.00000558 WBTC while 50 EOS would convert to 0.000279 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.37%, which means that the highest exchange rate of 1 WBTC to EOS was 184,375.52 EOS and the lowest 24 hour value was 1 WBTC for 178,365.68 EOS. Last month, 1 WBTC was worth 120,169.19 EOS. Today, it's up 32.9%. Looking back a year, Wrapped Bitcoin has changed by 97,990.28 EOS. That means that in a single year, the value of Wrapped Bitcoin has grown by 45.28%.
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.
EOS Market Stats
EOS is a cryptocurrency designed to support large-scale applications. There are no fees to send or receive EOS. Instead, the protocol rewards the entities that run the network periodically with new EOS, effectively substituting inflation for transaction fees.