Convert Reserve Rights RSR to Wrapped Bitcoin WBTC
RSR to WBTC: 1 Reserve Rights converts to 0.00000008 WBTC as of May 18 at 1:46 PM
About RSR and WBTC
Reserve Rights is climbing, while Wrapped Bitcoin is falling this week. The current RSR to WBTC conversion rate is 0.00000008. Inversely, this means that if you convert 1 WBTC you will get 11,822,517.74 RSR. The conversion rate of RSR/WBTC has increased by 0.73% in the last hour (WBTC/RSR decreased by 0.73%). In the last 24 hours, RSR/WBTC grew by 3.17%, while WBTC/RSR shrunk by the same amount.
The exchange rate of Reserve Rights is increasing. The current value of 1 RSR is 0.00000008 WBTC. In other words, to buy 5 Reserve Rights, it would cost you 0.00000042 WBTC. Inversely, 1 WBTC would allow you to trade for 11,822,517.74 RSR while 50 WBTC would convert to 591,125,887.18 RSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.83%. Meanwhile, in the last 24 hours, the rate has changed by 2.86%, and that the highest exchange rate of 1 RSR to WBTC was 0.00000009 WBTC and the lowest 24 hour value was 1 RSR for 0.00000008 WBTC. Last month, 1 RSR was worth 0.00000009 WBTC. Today, it's down 3.8%. Looking back a year, Reserve Rights has changed by 0.00000016 WBTC. That means that in a single year, the value of Reserve Rights has shrank by 83.56%.
Reserve Rights Market Stats
Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.
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
RSR to WBTC values from Today at 1:46 pm
0.5 RSR = 0.00000004 WBTC |
1 RSR = 0.00000008 WBTC |
5 RSR = 0.00000042 WBTC |
10 RSR = 0.00000085 WBTC |
50 RSR = 0.00000423 WBTC |
100 RSR = 0.00000846 WBTC |
500 RSR = 0.000042 WBTC |
1,000 RSR = 0.000085 WBTC |
WBTC to RSR values from Today at 1:46 pm
0.5 WBTC = 5,911,258.87 RSR |
1 WBTC = 11,822,517.74 RSR |
5 WBTC = 59,112,588.72 RSR |
10 WBTC = 118,225,177.44 RSR |
50 WBTC = 591,125,887.18 RSR |
100 WBTC = 1,182,251,774.36 RSR |
500 WBTC = 5,911,258,871.82 RSR |
1,000 WBTC = 11,822,517,743.63 RSR |
RSR to WBTC over time
RSR | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 RSR | 0.00000004 WBTC | 0.00000004 WBTC | 0.00000004 WBTC | 0.00000008 WBTC |
1 RSR | 0.00000008 WBTC | 0.00000008 WBTC | 0.00000009 WBTC | 0.00000016 WBTC |
5 RSR | 0.00000042 WBTC | 0.00000041 WBTC | 0.00000044 WBTC | 0.00000078 WBTC |
10 RSR | 0.00000085 WBTC | 0.00000082 WBTC | 0.00000088 WBTC | 0.00000155 WBTC |
50 RSR | 0.00000423 WBTC | 0.00000411 WBTC | 0.00000439 WBTC | 0.00000776 WBTC |
100 RSR | 0.00000846 WBTC | 0.00000822 WBTC | 0.00000878 WBTC | 0.000016 WBTC |
500 RSR | 0.000042 WBTC | 0.000041 WBTC | 0.000044 WBTC | 0.000078 WBTC |
1,000 RSR | 0.000085 WBTC | 0.000082 WBTC | 0.000088 WBTC | 0.000155 WBTC |
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Frequently asked questions
How much is 1 Reserve Rights in WBTC?
Right now, 1 Reserve Rights is worth about 0.00000008 WBTC.
How much RSR could I buy for 1 WBTC?
Based on the current rate, you could get 11,822,517.74 RSR for 1 WBTC.
How do I calculate or convert RSR to WBTC?
You can use our RSR to WBTC calculator at the top of this page to convert any amount of RSR to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 59,112,588.72 RSR. Inversely, 5 RSR will cost about 0.00000042 WBTC.
How can I buy 1 Reserve Rights on Coinbase?
Reserve Rights is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Reserve Rights.
What are assets similar to Reserve Rights that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Reserve Rights, including DYDX, TrueUSD, and AIOZ Network. For a more robust list of assets to explore, jump to the asset page dedicated to Reserve Rights.
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Create a Coinbase account to buy and sell Reserve Rights on the most secure crypto exchange.
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