Convert PAX Gold PAXG to Wrapped Bitcoin WBTC
PAXG to WBTC: 1 PAX Gold converts to 0.0334 WBTC as of September 22 at 11:35 PM
About PAXG and WBTC
PAX Gold is climbing, while Wrapped Bitcoin is falling this week. The current PAXG to WBTC conversion rate is 0.0334. Inversely, this means that if you convert 1 WBTC you will get 29.94 PAXG. The conversion rate of PAXG/WBTC has increased by 0.01% in the last hour (WBTC/PAXG decreased by 0.01%). In the last 24 hours, PAXG/WBTC grew by 4.17%, while WBTC/PAXG shrunk by the same amount.
The exchange rate of PAX Gold is increasing. The current value of 1 PAXG is 0.0334 WBTC. In other words, to buy 5 PAX Gold, it would cost you 0.1670 WBTC. Inversely, 1 WBTC would allow you to trade for 29.94 PAXG while 50 WBTC would convert to 1,496.81 PAXG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.36%. Meanwhile, in the last 24 hours, the rate has changed by 4.03%, which means that the highest exchange rate of 1 PAXG to WBTC was 0.0338 WBTC and the lowest 24 hour value was 1 PAXG for 0.0320 WBTC. Last month, 1 PAXG was worth 0.0288 WBTC. Today, it's up 13.77%. Looking back a year, PAX Gold has changed by 0.0413 WBTC. That means that in a single year, the value of PAX Gold has shrank by 23.72%.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
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.
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Conversion tables
PAXG to WBTC values from Today at 11:34 pm
0.5 PAXG = 0.0167 WBTC |
1 PAXG = 0.0334 WBTC |
5 PAXG = 0.17 WBTC |
10 PAXG = 0.33 WBTC |
50 PAXG = 1.67 WBTC |
100 PAXG = 3.34 WBTC |
500 PAXG = 16.70 WBTC |
1,000 PAXG = 33.40 WBTC |
WBTC to PAXG values from Today at 11:34 pm
0.5 WBTC = 14.97 PAXG |
1 WBTC = 29.94 PAXG |
5 WBTC = 149.68 PAXG |
10 WBTC = 299.36 PAXG |
50 WBTC = 1,496.81 PAXG |
100 WBTC = 2,993.62 PAXG |
500 WBTC = 14,968.08 PAXG |
1,000 WBTC = 29,936.15 PAXG |
PAXG to WBTC over time
PAXG | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 PAXG | 0.0167 WBTC | 0.0160 WBTC | 0.0144 WBTC | 0.0207 WBTC |
1 PAXG | 0.0334 WBTC | 0.0321 WBTC | 0.0288 WBTC | 0.0413 WBTC |
5 PAXG | 0.17 WBTC | 0.16 WBTC | 0.14 WBTC | 0.21 WBTC |
10 PAXG | 0.33 WBTC | 0.32 WBTC | 0.29 WBTC | 0.41 WBTC |
50 PAXG | 1.67 WBTC | 1.60 WBTC | 1.44 WBTC | 2.07 WBTC |
100 PAXG | 3.34 WBTC | 3.21 WBTC | 2.88 WBTC | 4.13 WBTC |
500 PAXG | 16.70 WBTC | 16.03 WBTC | 14.40 WBTC | 20.66 WBTC |
1,000 PAXG | 33.40 WBTC | 32.06 WBTC | 28.80 WBTC | 41.33 WBTC |
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