Convert Georgian Lari GEL to Wrapped Bitcoin WBTC
GEL to WBTC: 1 Georgian Lari converts to 0.00000343 WBTC as of June 28 at 10:08 PM
About Wrapped Bitcoin
Wrapped Bitcoin is falling this week. The current price of Wrapped Bitcoin is GEL 291,891.59 per WBTC. With a circulating supply of 129,018.24 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 37,642,041,141.04. The amount of Wrapped Bitcoin traded has fallen by -GEL 120,355,515.12 in the last 24 hours, which is a 55.35% decrease. Additionally, in the last day, GEL 217,460,386.00 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is GEL 291,891.59 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 1,459,457.97 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000343 WBTC while GEL 50.00 GEL would convert to 0.000171 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.67%. Meanwhile, in the last 24 hours, the rate has changed by 0.16%, which means that the highest exchange rate of 1 WBTC to GEL was GEL 292,112.53 GEL and the lowest 24 hour value was 1 WBTC for GEL 290,629.01 GEL. Last month, 1 WBTC was worth GEL 293,692.69 GEL. Today, it's down 0.11%. Looking back a year, Wrapped Bitcoin has changed by GEL 170,771.14 GEL. That means that in a single year, the value of Wrapped Bitcoin has grown by 75.91%.
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
GEL to WBTC values from Today at 10:07 pm
GEL 0.50 GEL = 0.00000171 WBTC |
GEL 1.00 GEL = 0.00000343 WBTC |
GEL 5.00 GEL = 0.000017 WBTC |
GEL 10.00 GEL = 0.000034 WBTC |
GEL 50.00 GEL = 0.000171 WBTC |
GEL 100.00 GEL = 0.000343 WBTC |
GEL 500.00 GEL = 0.0017 WBTC |
GEL 1,000.00 GEL = 0.0034 WBTC |
WBTC to GEL values from Today at 10:07 pm
0.5 WBTC = GEL 145,945.80 GEL |
1 WBTC = GEL 291,891.59 GEL |
5 WBTC = GEL 1,459,457.97 GEL |
10 WBTC = GEL 2,918,915.94 GEL |
50 WBTC = GEL 14,594,579.71 GEL |
100 WBTC = GEL 29,189,159.42 GEL |
500 WBTC = GEL 145,945,797.08 GEL |
1,000 WBTC = GEL 291,891,594.17 GEL |
GEL to WBTC over time
GEL | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 GEL | 0.00000171 WBTC | 0.00000172 WBTC | 0.00000170 WBTC | 0.00000293 WBTC |
1 GEL | 0.00000343 WBTC | 0.00000343 WBTC | 0.00000340 WBTC | 0.00000586 WBTC |
5 GEL | 0.000017 WBTC | 0.000017 WBTC | 0.000017 WBTC | 0.000029 WBTC |
10 GEL | 0.000034 WBTC | 0.000034 WBTC | 0.000034 WBTC | 0.000059 WBTC |
50 GEL | 0.000171 WBTC | 0.000172 WBTC | 0.000170 WBTC | 0.000293 WBTC |
100 GEL | 0.000343 WBTC | 0.000343 WBTC | 0.000340 WBTC | 0.000586 WBTC |
500 GEL | 0.0017 WBTC | 0.0017 WBTC | 0.0017 WBTC | 0.0029 WBTC |
1,000 GEL | 0.0034 WBTC | 0.0034 WBTC | 0.0034 WBTC | 0.0059 WBTC |
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