Convert Redstone RED to Wrapped Bitcoin WBTC
RED to WBTC: 1 Redstone converts to 0.00000266 WBTC as of July 5 at 9:01 PM
About RED and WBTC
Redstone is climbing, while Wrapped Bitcoin is falling this week. The current RED to WBTC conversion rate is 0.00000266. Inversely, this means that if you convert 1 WBTC you will get 375,446.93 RED. The conversion rate of RED/WBTC has increased by 0.39% in the last hour (WBTC/RED decreased by 0.39%). In the last 24 hours, RED/WBTC grew by 6.32%, while WBTC/RED shrunk by the same amount.
The exchange rate of Redstone is increasing. The current value of 1 RED is 0.00000266 WBTC. In other words, to buy 5 Redstone, it would cost you 0.00001332 WBTC. Inversely, 1 WBTC would allow you to trade for 375,446.93 RED while 50 WBTC would convert to 18,772,346.45 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.44%. Meanwhile, in the last 24 hours, the rate has changed by 6.03%, which means that the highest exchange rate of 1 RED to WBTC was 0.00000282 WBTC and the lowest 24 hour value was 1 RED for 0.00000249 WBTC. Last month, 1 RED was worth 0.00000320 WBTC. Today, it's down 20.17%. Looking back a year, Redstone has changed by 0.000017 WBTC. That means that in a single year, the value of Redstone has shrank by 540.2%.
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.
Conversion tables
RED to WBTC values from Today at 9:01 pm
0.5 RED = 0.00000133 WBTC |
1 RED = 0.00000266 WBTC |
5 RED = 0.000013 WBTC |
10 RED = 0.000027 WBTC |
50 RED = 0.000133 WBTC |
100 RED = 0.000266 WBTC |
500 RED = 0.0013 WBTC |
1,000 RED = 0.0027 WBTC |
WBTC to RED values from Today at 9:01 pm
0.5 WBTC = 187,723.46 RED |
1 WBTC = 375,446.93 RED |
5 WBTC = 1,877,234.65 RED |
10 WBTC = 3,754,469.29 RED |
50 WBTC = 18,772,346.45 RED |
100 WBTC = 37,544,692.91 RED |
500 WBTC = 187,723,464.55 RED |
1,000 WBTC = 375,446,929.10 RED |
RED to WBTC over time
RED | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 RED | 0.00000133 WBTC | 0.00000125 WBTC | 0.00000160 WBTC | 0.00000853 WBTC |
1 RED | 0.00000266 WBTC | 0.00000250 WBTC | 0.00000320 WBTC | 0.000017 WBTC |
5 RED | 0.000013 WBTC | 0.000013 WBTC | 0.000016 WBTC | 0.000085 WBTC |
10 RED | 0.000027 WBTC | 0.000025 WBTC | 0.000032 WBTC | 0.000171 WBTC |
50 RED | 0.000133 WBTC | 0.000125 WBTC | 0.000160 WBTC | 0.000853 WBTC |
100 RED | 0.000266 WBTC | 0.000250 WBTC | 0.000320 WBTC | 0.0017 WBTC |
500 RED | 0.0013 WBTC | 0.0013 WBTC | 0.0016 WBTC | 0.0085 WBTC |
1,000 RED | 0.0027 WBTC | 0.0025 WBTC | 0.0032 WBTC | 0.0171 WBTC |
Frequently asked questions
How much is 1 Redstone in EUR?
Right now, 1 Redstone is worth about €0.24.
How much RED could I buy for 1 EUR?
Based on the current rate, you could get 4.09 RED for 1 EUR.
How much has the price of Redstone changed?
Redstone price has been on the rise. Since yesterday, the exchange rate of Redstone has increased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
How do I calculate or convert RED to EUR?
You can use our RED to EUR calculator at the top of this page to convert any amount of RED to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 20.47 RED. Inversely, 5 RED will cost about €1.22
How can I buy 1 Redstone on Coinbase?
Redstone can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Redstone.
What are assets similar to Redstone that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Xai, Bio Protocol, and Pocket Network. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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