Convert Wrapped Bitcoin WBTC to Frax Finance - Frax Ether FRXETH
WBTC to FRXETH: 1 Wrapped Bitcoin converts to 28.87 FRXETH as of December 15 at 4:50 AM
About WBTC and FRXETH
Wrapped Bitcoin is falling, while Frax Finance - Frax Ether is climbing this week. The current WBTC to FRXETH conversion rate is 28.87. Inversely, this means that if you convert 1 FRXETH you will get 0.0346 WBTC. The conversion rate of WBTC/FRXETH has increased by 0.07% in the last hour (FRXETH/WBTC decreased by 0.07%). In the last 24 hours, WBTC/FRXETH shrunk by 1.51%, while FRXETH/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 28.87 FRXETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 144.35 FRXETH. Inversely, 1 FRXETH would allow you to trade for 0.0346 WBTC while 50 FRXETH would convert to 1.73 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.46%. Meanwhile, in the last 24 hours, the rate has changed by 1.47%, and that the highest exchange rate of 1 WBTC to FRXETH was 29.35 FRXETH and the lowest 24 hour value was 1 WBTC for 28.75 FRXETH. Last month, 1 WBTC was worth 30.71 FRXETH. Today, it's down 6.38%. Looking back a year, Wrapped Bitcoin has changed by 25.58 FRXETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 11.39%.
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.
Frax Finance - Frax Ether Market Stats
frxETH is a liquid staking derivative issued by Frax Finance protocol. Each frxETH is backed by at least 1 ETH in validator nodes at all times.
Conversion tables
WBTC to FRXETH values from Today at 4:49 am
0.5 WBTC = 14.43 FRXETH |
1 WBTC = 28.87 FRXETH |
5 WBTC = 144.35 FRXETH |
10 WBTC = 288.70 FRXETH |
50 WBTC = 1,443.50 FRXETH |
100 WBTC = 2,886.99 FRXETH |
500 WBTC = 14,434.97 FRXETH |
1,000 WBTC = 28,869.95 FRXETH |
FRXETH to WBTC values from Today at 4:49 am
0.5 FRXETH = 0.0173 WBTC |
1 FRXETH = 0.0346 WBTC |
5 FRXETH = 0.17 WBTC |
10 FRXETH = 0.35 WBTC |
50 FRXETH = 1.73 WBTC |
100 FRXETH = 3.46 WBTC |
500 FRXETH = 17.32 WBTC |
1,000 FRXETH = 34.64 WBTC |
WBTC to FRXETH over time
WBTC | Today | 24H -1.47% | 1M -6.38% | 1Y 11.39% |
|---|---|---|---|---|
0.5 WBTC | 14.43 FRXETH | 14.65 FRXETH | 15.36 FRXETH | 12.79 FRXETH |
1 WBTC | 28.87 FRXETH | 29.30 FRXETH | 30.71 FRXETH | 25.58 FRXETH |
5 WBTC | 144.35 FRXETH | 146.48 FRXETH | 153.56 FRXETH | 127.91 FRXETH |
10 WBTC | 288.70 FRXETH | 292.95 FRXETH | 307.12 FRXETH | 255.82 FRXETH |
50 WBTC | 1,443.50 FRXETH | 1,464.77 FRXETH | 1,535.62 FRXETH | 1,279.09 FRXETH |
100 WBTC | 2,886.99 FRXETH | 2,929.54 FRXETH | 3,071.24 FRXETH | 2,558.19 FRXETH |
500 WBTC | 14,434.97 FRXETH | 14,647.72 FRXETH | 15,356.22 FRXETH | 12,790.93 FRXETH |
1,000 WBTC | 28,869.95 FRXETH | 29,295.43 FRXETH | 30,712.44 FRXETH | 25,581.86 FRXETH |
Frequently asked questions
How much is 1 Wrapped Bitcoin in USD?
Right now, 1 Wrapped Bitcoin is worth about $89,398.00.
How much WBTC could I buy for 1 USD?
Based on the current rate, you could get 0.000011 WBTC for 1 USD.
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 decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
How do I calculate or convert WBTC to USD?
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.000056 WBTC. Inversely, 5 WBTC will cost about $446,989.98
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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