Convert Georgian Lari GEL to Wrapped Bitcoin WBTC
GEL to WBTC: 1 Georgian Lari converts to 0.00000345 WBTC as of June 17 at 10:21 AM
About Wrapped Bitcoin
Wrapped Bitcoin is falling this week. The current price of Wrapped Bitcoin is GEL 289,574.44 per WBTC. With a circulating supply of 129,018.24 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 37,365,007,657.82. The amount of Wrapped Bitcoin traded has risen by GEL 494,819,390.90 in the last 24 hours, which is a 63.53% increase. Additionally, in the last day, GEL 778,917,880.40 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is GEL 289,574.44 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 1,447,872.19 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000345 WBTC while GEL 50.00 GEL would convert to 0.000173 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.89%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, and that the highest exchange rate of 1 WBTC to GEL was GEL 297,634.24 GEL and the lowest 24 hour value was 1 WBTC for GEL 289,701.99 GEL. Last month, 1 WBTC was worth GEL 281,922.28 GEL. Today, it's up 3.15%. Looking back a year, Wrapped Bitcoin has changed by GEL 185,037.18 GEL. That means that in a single year, the value of Wrapped Bitcoin has grown by 62.9%.
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 10:20 am
0.5 GEL = 0.00000173 WBTC |
1 GEL = 0.00000345 WBTC |
5 GEL = 0.000017 WBTC |
10 GEL = 0.000035 WBTC |
50 GEL = 0.000173 WBTC |
100 GEL = 0.000345 WBTC |
500 GEL = 0.0017 WBTC |
1,000 GEL = 0.0035 WBTC |
WBTC to GEL values from Today at 10:20 am
0.5 WBTC = GEL 144,787.22 GEL |
1 WBTC = GEL 289,574.44 GEL |
5 WBTC = GEL 1,447,872.19 GEL |
10 WBTC = GEL 2,895,744.38 GEL |
50 WBTC = GEL 14,478,721.90 GEL |
100 WBTC = GEL 28,957,443.80 GEL |
500 WBTC = GEL 144,787,218.99 GEL |
1,000 WBTC = GEL 289,574,437.98 GEL |
GEL to WBTC over time
GEL | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 GEL | 0.00000173 WBTC | 0.00000171 WBTC | 0.00000177 WBTC | 0.00000270 WBTC |
1 GEL | 0.00000345 WBTC | 0.00000342 WBTC | 0.00000355 WBTC | 0.00000540 WBTC |
5 GEL | 0.000017 WBTC | 0.000017 WBTC | 0.000018 WBTC | 0.000027 WBTC |
10 GEL | 0.000035 WBTC | 0.000034 WBTC | 0.000035 WBTC | 0.000054 WBTC |
50 GEL | 0.000173 WBTC | 0.000171 WBTC | 0.000177 WBTC | 0.000270 WBTC |
100 GEL | 0.000345 WBTC | 0.000342 WBTC | 0.000355 WBTC | 0.000540 WBTC |
500 GEL | 0.0017 WBTC | 0.0017 WBTC | 0.0018 WBTC | 0.0027 WBTC |
1,000 GEL | 0.0035 WBTC | 0.0034 WBTC | 0.0035 WBTC | 0.0054 WBTC |
Frequently asked questions
How much is 1 Gelato in EUR?
Right now, 1 Gelato is worth about €0.0624.
How much GEL could I buy for 1 EUR?
Based on the current rate, you could get 16.02 GEL for 1 EUR.
How much has the price of Gelato changed?
Gelato price has been declining. Since yesterday, the exchange rate of Gelato has decreased. Since last month, the exchange rate of Gelato has decreased. Since this time last year, the price of Gelato has decreased.
How do I calculate or convert GEL to EUR?
You can use our GEL to EUR calculator at the top of this page to convert any amount of GEL to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to GEL 80.08 GEL. Inversely, 5 GEL will cost about €0.31
How can I buy 1 Gelato on Coinbase?
Gelato can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gelato.
What are assets similar to Gelato that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Gelato, including Bitgert, Gochujangcoin, and Luna by Virtuals. For a more robust list of assets to explore, jump to the asset page dedicated to Gelato.
Related conversions
Popular Wrapped Bitcoin to currency conversions
Advanced asset conversions
Other asset to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.