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Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Nigerian Naira NGN

BIBTA to NGN: 1 Backed IBTA $ Treasury Bond 1-3yr converts to NGN 8,918.33 NGN as of June 23 at 2:36 PM

About Backed IBTA $ Treasury Bond 1-3yr

Backed IBTA $ Treasury Bond 1-3yr is falling this week. The current price of Backed IBTA $ Treasury Bond 1-3yr is NGN 8,918.33 per BIBTA. With a circulating supply of 0 BIBTA, it means that Backed IBTA $ Treasury Bond 1-3yr has a total market cap of NGN 0.00. The amount of Backed IBTA $ Treasury Bond 1-3yr traded has fallen by NGN 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, NGN 0.00 worth of BIBTA has been traded.

The exchange rate of Backed IBTA $ Treasury Bond 1-3yr is increasing. The current value of 1 BIBTA is NGN 8,918.33 NGN. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you NGN 44,591.66 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000112 BIBTA while NGN 50.00 NGN would convert to 0.0056 BIBTA, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.14%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 BIBTA to NGN was NGN 8,951.52 NGN and the lowest 24 hour value was 1 BIBTA for NGN 8,911.04 NGN. Last month, 1 BIBTA was worth NGN 9,102.16 NGN. Today, it's up 0.45%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by NGN 8,797.68 NGN. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 3.23%.

Backed IBTA $ Treasury Bond 1-3yr Market Stats

What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)

NGN 8,918.33Current price
NGN 0.00Market cap
NGN 0.00Volume (24h)
0 BIBTACir. Supply

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Conversion tables

BIBTA to NGN values from Today at 2:36 pm

0.5 BIBTA = NGN 4,459.17 NGN
1 BIBTA = NGN 8,918.33 NGN
5 BIBTA = NGN 44,591.66 NGN
10 BIBTA = NGN 89,183.31 NGN
50 BIBTA = NGN 445,916.55 NGN
100 BIBTA = NGN 891,833.10 NGN
500 BIBTA = NGN 4,459,165.52 NGN
1,000 BIBTA = NGN 8,918,331.04 NGN

NGN to BIBTA values from Today at 2:36 pm

NGN 0.50 NGN = 0.000056 BIBTA
NGN 1.00 NGN = 0.000112 BIBTA
NGN 5.00 NGN = 0.000561 BIBTA
NGN 10.00 NGN = 0.0011 BIBTA
NGN 50.00 NGN = 0.0056 BIBTA
NGN 100.00 NGN = 0.0112 BIBTA
NGN 500.00 NGN = 0.0561 BIBTA
NGN 1,000.00 NGN = 0.11 BIBTA

BIBTA to NGN over time

BIBTA
Today
24H
-0.03%
1M
-2.06%
1Y
1.35%
0.5 BIBTA
NGN 4,459.17 NGN
NGN 4,460.44 NGN
NGN 4,551.08 NGN
NGN 4,398.84 NGN
1 BIBTA
NGN 8,918.33 NGN
NGN 8,920.88 NGN
NGN 9,102.16 NGN
NGN 8,797.68 NGN
5 BIBTA
NGN 44,591.66 NGN
NGN 44,604.42 NGN
NGN 45,510.79 NGN
NGN 43,988.42 NGN
10 BIBTA
NGN 89,183.31 NGN
NGN 89,208.83 NGN
NGN 91,021.59 NGN
NGN 87,976.85 NGN
50 BIBTA
NGN 445,916.55 NGN
NGN 446,044.15 NGN
NGN 455,107.94 NGN
NGN 439,884.23 NGN
100 BIBTA
NGN 891,833.10 NGN
NGN 892,088.31 NGN
NGN 910,215.88 NGN
NGN 879,768.45 NGN
500 BIBTA
NGN 4,459,165.52 NGN
NGN 4,460,441.53 NGN
NGN 4,551,079.41 NGN
NGN 4,398,842.25 NGN
1,000 BIBTA
NGN 8,918,331.04 NGN
NGN 8,920,883.05 NGN
NGN 9,102,158.81 NGN
NGN 8,797,684.50 NGN

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Frequently asked questions

How much is 1 Backed IBTA $ Treasury Bond 1-3yr in NGN?

Right now, 1 Backed IBTA $ Treasury Bond 1-3yr is worth about NGN 8,918.33.

How much BIBTA could I buy for 1 NGN?

Based on the current rate, you could get 0.000112 BIBTA for 1 NGN.

How do I calculate or convert BIBTA to NGN?

You can use our BIBTA to NGN calculator at the top of this page to convert any amount of BIBTA to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.000561 BIBTA. Inversely, 5 BIBTA will cost about NGN 44,591.66

How can I buy 1 Backed IBTA $ Treasury Bond 1-3yr on Coinbase?

Backed IBTA $ Treasury Bond 1-3yr can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Backed IBTA $ Treasury Bond 1-3yr.

What are assets similar to Backed IBTA $ Treasury Bond 1-3yr that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Backed IBTA $ Treasury Bond 1-3yr, including Dentacoin, ODEM, and FLOKI. For a more robust list of assets to explore, jump to the asset page dedicated to Backed IBTA $ Treasury Bond 1-3yr.

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