Convert Coinbase Wrapped Staked ETH CBETH to Wrapped Bitcoin WBTC
CBETH to WBTC: 1 Coinbase Wrapped Staked ETH converts to 0.0262 WBTC as of June 8 at 3:02 PM
About cbETH and WBTC
Coinbase Wrapped Staked ETH is falling, while Wrapped Bitcoin is climbing this week. The current cbETH to WBTC conversion rate is 0.0262. Inversely, this means that if you convert 1 WBTC you will get 38.15 cbETH. The conversion rate of cbETH/WBTC has increased by 0.06% in the last hour (WBTC/cbETH decreased by 0.06%). In the last 24 hours, cbETH/WBTC shrunk by 0.22%, while WBTC/cbETH grew by the same amount.
The exchange rate of Coinbase Wrapped Staked ETH is decreasing. The current value of 1 cbETH is 0.0262 WBTC. In other words, to buy 5 Coinbase Wrapped Staked ETH, it would cost you 0.1311 WBTC. Inversely, 1 WBTC would allow you to trade for 38.15 cbETH while 50 WBTC would convert to 1,907.46 cbETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.87%. Meanwhile, in the last 24 hours, the rate has changed by 0.17%, and that the highest exchange rate of 1 cbETH to WBTC was 0.0265 WBTC and the lowest 24 hour value was 1 cbETH for 0.0261 WBTC. Last month, 1 cbETH was worth 0.0222 WBTC. Today, it's up 15.25%. Looking back a year, Coinbase Wrapped Staked ETH has changed by 0.0570 WBTC. That means that in a single year, the value of Coinbase Wrapped Staked ETH has shrank by 117.26%.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
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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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
cbETH to WBTC values from Today at 3:02 pm
0.5 cbETH = 0.0131 WBTC |
1 cbETH = 0.0262 WBTC |
5 cbETH = 0.13 WBTC |
10 cbETH = 0.26 WBTC |
50 cbETH = 1.31 WBTC |
100 cbETH = 2.62 WBTC |
500 cbETH = 13.11 WBTC |
1,000 cbETH = 26.21 WBTC |
WBTC to cbETH values from Today at 3:02 pm
0.5 WBTC = 19.07 cbETH |
1 WBTC = 38.15 cbETH |
5 WBTC = 190.75 cbETH |
10 WBTC = 381.49 cbETH |
50 WBTC = 1,907.46 cbETH |
100 WBTC = 3,814.93 cbETH |
500 WBTC = 19,074.63 cbETH |
1,000 WBTC = 38,149.25 cbETH |
cbETH to WBTC over time
cbETH | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 cbETH | 0.0131 WBTC | 0.0131 WBTC | 0.0111 WBTC | 0.0285 WBTC |
1 cbETH | 0.0262 WBTC | 0.0263 WBTC | 0.0222 WBTC | 0.0570 WBTC |
5 cbETH | 0.13 WBTC | 0.13 WBTC | 0.11 WBTC | 0.28 WBTC |
10 cbETH | 0.26 WBTC | 0.26 WBTC | 0.22 WBTC | 0.57 WBTC |
50 cbETH | 1.31 WBTC | 1.31 WBTC | 1.11 WBTC | 2.85 WBTC |
100 cbETH | 2.62 WBTC | 2.63 WBTC | 2.22 WBTC | 5.70 WBTC |
500 cbETH | 13.11 WBTC | 13.13 WBTC | 11.11 WBTC | 28.48 WBTC |
1,000 cbETH | 26.21 WBTC | 26.26 WBTC | 22.21 WBTC | 56.95 WBTC |
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Frequently asked questions
How much is 1 Coinbase Wrapped Staked ETH in WBTC?
Right now, 1 Coinbase Wrapped Staked ETH is worth about 0.0262 WBTC.
How much cbETH could I buy for 1 WBTC?
Based on the current rate, you could get 38.15 cbETH for 1 WBTC.
How do I calculate or convert cbETH to WBTC?
You can use our cbETH to WBTC calculator at the top of this page to convert any amount of cbETH to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 190.75 cbETH. Inversely, 5 cbETH will cost about 0.13 WBTC.
How can I buy 1 Coinbase Wrapped Staked ETH on Coinbase?
Coinbase Wrapped Staked ETH is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Coinbase Wrapped Staked ETH.
What are assets similar to Coinbase Wrapped Staked ETH that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Coinbase Wrapped Staked ETH, including ether.fi Staked BTC, Venus USDT, and Wrapped AVAX. For a more robust list of assets to explore, jump to the asset page dedicated to Coinbase Wrapped Staked ETH.
Buy Coinbase Wrapped Staked ETH with Coinbase
Create a Coinbase account to buy and sell Coinbase Wrapped Staked ETH on the most secure crypto exchange.