Convert Wrapped Bitcoin WBTC to Dai DAI
WBTC to DAI: 1 Wrapped Bitcoin converts to 88,025.26 DAI as of December 21 at 10:12 PM
About WBTC and DAI
Wrapped Bitcoin is falling, while Dai is climbing this week. The current WBTC to DAI conversion rate is 88,025.26. Inversely, this means that if you convert 1 DAI you will get 0.000011 WBTC. The conversion rate of WBTC/DAI has decreased by 0.04% in the last hour (DAI/WBTC increased by 0.04%). In the last 24 hours, WBTC/DAI shrunk by 0%, while DAI/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 88,025.26 DAI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 440,126.30 DAI. Inversely, 1 DAI would allow you to trade for 0.000011 WBTC while 50 DAI would convert to 0.000568 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.38%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 WBTC to DAI was 88,699.77 DAI and the lowest 24 hour value was 1 WBTC for 87,532.89 DAI. Last month, 1 WBTC was worth 84,989.52 DAI. Today, it's up 3.45%. Looking back a year, Wrapped Bitcoin has changed by 96,896.37 DAI. That means that in a single year, the value of Wrapped Bitcoin has shrank by 10.08%.
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.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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Conversion tables
WBTC to DAI values from Today at 10:12 pm
0.5 WBTC = 44,012.63 DAI |
1 WBTC = 88,025.26 DAI |
5 WBTC = 440,126.30 DAI |
10 WBTC = 880,252.61 DAI |
50 WBTC = 4,401,263.03 DAI |
100 WBTC = 8,802,526.05 DAI |
500 WBTC = 44,012,630.26 DAI |
1,000 WBTC = 88,025,260.52 DAI |
DAI to WBTC values from Today at 10:12 pm
0.5 DAI = 0.00000568 WBTC |
1 DAI = 0.000011 WBTC |
5 DAI = 0.000057 WBTC |
10 DAI = 0.000114 WBTC |
50 DAI = 0.000568 WBTC |
100 DAI = 0.0011 WBTC |
500 DAI = 0.0057 WBTC |
1,000 DAI = 0.0114 WBTC |
WBTC to DAI over time
WBTC | Today | 24H 0.01% | 1M 3.45% | 1Y -10.08% |
|---|---|---|---|---|
0.5 WBTC | 44,012.63 DAI | 44,006.30 DAI | 42,494.76 DAI | 48,448.18 DAI |
1 WBTC | 88,025.26 DAI | 88,012.60 DAI | 84,989.52 DAI | 96,896.37 DAI |
5 WBTC | 440,126.30 DAI | 440,062.99 DAI | 424,947.61 DAI | 484,481.84 DAI |
10 WBTC | 880,252.61 DAI | 880,125.98 DAI | 849,895.23 DAI | 968,963.67 DAI |
50 WBTC | 4,401,263.03 DAI | 4,400,629.92 DAI | 4,249,476.14 DAI | 4,844,818.36 DAI |
100 WBTC | 8,802,526.05 DAI | 8,801,259.85 DAI | 8,498,952.29 DAI | 9,689,636.73 DAI |
500 WBTC | 44,012,630.26 DAI | 44,006,299.24 DAI | 42,494,761.44 DAI | 48,448,183.64 DAI |
1,000 WBTC | 88,025,260.52 DAI | 88,012,598.48 DAI | 84,989,522.88 DAI | 96,896,367.29 DAI |
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Frequently asked questions
How much is 1 Wrapped Bitcoin in SGD?
Right now, 1 Wrapped Bitcoin is worth about S$113,761.24.
How much WBTC could I buy for 1 SGD?
Based on the current rate, you could get 0.00000879 WBTC for 1 SGD.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
How do I calculate or convert WBTC to SGD?
You can use our WBTC to SGD calculator at the top of this page to convert any amount of WBTC to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 0.000044 WBTC. Inversely, 5 WBTC will cost about S$568,806.20
How can I buy 1 Wrapped Bitcoin on Coinbase?
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
What are assets similar to Wrapped Bitcoin that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
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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.