Convert Redstone RED to Wrapped Bitcoin WBTC
RED to WBTC: 1 Redstone converts to 0.00000468 WBTC as of September 22 at 8:04 PM
About RED and WBTC
Redstone is falling, while Wrapped Bitcoin is climbing this week. The current RED to WBTC conversion rate is 0.00000468. Inversely, this means that if you convert 1 WBTC you will get 213,643.68 RED. The conversion rate of RED/WBTC has decreased by 0.37% in the last hour (WBTC/RED increased by 0.37%). In the last 24 hours, RED/WBTC shrunk by 7.86%, while WBTC/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.00000468 WBTC. In other words, to buy 5 Redstone, it would cost you 0.00002340 WBTC. Inversely, 1 WBTC would allow you to trade for 213,643.68 RED while 50 WBTC would convert to 10,682,184.09 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.02%. Meanwhile, in the last 24 hours, the rate has changed by 7.93%, and that the highest exchange rate of 1 RED to WBTC was 0.00000528 WBTC and the lowest 24 hour value was 1 RED for 0.00000460 WBTC. Last month, 1 RED was worth 0.00000359 WBTC. Today, it's up 23.31%. Looking back a year, Redstone has changed by 0.000016 WBTC. That means that in a single year, the value of Redstone has shrank by 243.98%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
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
RED to WBTC values from Today at 8:03 pm
0.5 RED = 0.00000234 WBTC |
1 RED = 0.00000468 WBTC |
5 RED = 0.000023 WBTC |
10 RED = 0.000047 WBTC |
50 RED = 0.000234 WBTC |
100 RED = 0.000468 WBTC |
500 RED = 0.0023 WBTC |
1,000 RED = 0.0047 WBTC |
WBTC to RED values from Today at 8:03 pm
0.5 WBTC = 106,821.84 RED |
1 WBTC = 213,643.68 RED |
5 WBTC = 1,068,218.41 RED |
10 WBTC = 2,136,436.82 RED |
50 WBTC = 10,682,184.09 RED |
100 WBTC = 21,364,368.18 RED |
500 WBTC = 106,821,840.90 RED |
1,000 WBTC = 213,643,681.80 RED |
RED to WBTC over time
RED | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 RED | 0.00000234 WBTC | 0.00000253 WBTC | 0.00000179 WBTC | 0.00000805 WBTC |
1 RED | 0.00000468 WBTC | 0.00000505 WBTC | 0.00000359 WBTC | 0.000016 WBTC |
5 RED | 0.000023 WBTC | 0.000025 WBTC | 0.000018 WBTC | 0.000081 WBTC |
10 RED | 0.000047 WBTC | 0.000051 WBTC | 0.000036 WBTC | 0.000161 WBTC |
50 RED | 0.000234 WBTC | 0.000253 WBTC | 0.000179 WBTC | 0.000805 WBTC |
100 RED | 0.000468 WBTC | 0.000505 WBTC | 0.000359 WBTC | 0.0016 WBTC |
500 RED | 0.0023 WBTC | 0.0025 WBTC | 0.0018 WBTC | 0.0081 WBTC |
1,000 RED | 0.0047 WBTC | 0.0051 WBTC | 0.0036 WBTC | 0.0161 WBTC |
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