Convert Algorand ALGO to Wrapped Bitcoin WBTC
ALGO to WBTC: 1 Algorand converts to 0.00000162 WBTC as of July 6 at 8:25 AM
About ALGO and WBTC
Algorand is climbing, while Wrapped Bitcoin is falling this week. The current ALGO to WBTC conversion rate is 0.00000162. Inversely, this means that if you convert 1 WBTC you will get 618,002.16 ALGO. The conversion rate of ALGO/WBTC has increased by 0.17% in the last hour (WBTC/ALGO decreased by 0.17%). In the last 24 hours, ALGO/WBTC grew by 0.01%, while WBTC/ALGO shrunk by the same amount.
The exchange rate of Algorand is increasing. The current value of 1 ALGO is 0.00000162 WBTC. In other words, to buy 5 Algorand, it would cost you 0.00000809 WBTC. Inversely, 1 WBTC would allow you to trade for 618,002.16 ALGO while 50 WBTC would convert to 30,900,108.05 ALGO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.39%. Meanwhile, in the last 24 hours, the rate has changed by 0.09%, and that the highest exchange rate of 1 ALGO to WBTC was 0.00000162 WBTC and the lowest 24 hour value was 1 ALGO for 0.00000160 WBTC. Last month, 1 ALGO was worth 0.00000179 WBTC. Today, it's down 10.9%. Looking back a year, Algorand has changed by 0.00000226 WBTC. That means that in a single year, the value of Algorand has shrank by 39.81%.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
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
ALGO to WBTC values from Today at 8:25 am
0.5 ALGO = 0.00000081 WBTC |
1 ALGO = 0.00000162 WBTC |
5 ALGO = 0.00000809 WBTC |
10 ALGO = 0.000016 WBTC |
50 ALGO = 0.000081 WBTC |
100 ALGO = 0.000162 WBTC |
500 ALGO = 0.000809 WBTC |
1,000 ALGO = 0.0016 WBTC |
WBTC to ALGO values from Today at 8:25 am
0.5 WBTC = 309,001.08 ALGO |
1 WBTC = 618,002.16 ALGO |
5 WBTC = 3,090,010.80 ALGO |
10 WBTC = 6,180,021.61 ALGO |
50 WBTC = 30,900,108.05 ALGO |
100 WBTC = 61,800,216.09 ALGO |
500 WBTC = 309,001,080.47 ALGO |
1,000 WBTC = 618,002,160.94 ALGO |
ALGO to WBTC over time
ALGO | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 ALGO | 0.00000081 WBTC | 0.00000081 WBTC | 0.00000090 WBTC | 0.00000113 WBTC |
1 ALGO | 0.00000162 WBTC | 0.00000162 WBTC | 0.00000179 WBTC | 0.00000226 WBTC |
5 ALGO | 0.00000809 WBTC | 0.00000808 WBTC | 0.00000897 WBTC | 0.000011 WBTC |
10 ALGO | 0.000016 WBTC | 0.000016 WBTC | 0.000018 WBTC | 0.000023 WBTC |
50 ALGO | 0.000081 WBTC | 0.000081 WBTC | 0.000090 WBTC | 0.000113 WBTC |
100 ALGO | 0.000162 WBTC | 0.000162 WBTC | 0.000179 WBTC | 0.000226 WBTC |
500 ALGO | 0.000809 WBTC | 0.000808 WBTC | 0.000897 WBTC | 0.0011 WBTC |
1,000 ALGO | 0.0016 WBTC | 0.0016 WBTC | 0.0018 WBTC | 0.0023 WBTC |
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Frequently asked questions
How much is 1 Algorand in USD?
Right now, 1 Algorand is worth about $0.17.
How much ALGO could I buy for 1 USD?
Based on the current rate, you could get 5.72 ALGO for 1 USD.
How much has the price of Algorand changed?
Algorand price has been declining. Since yesterday, the exchange rate of Algorand has decreased. Since last month, the exchange rate of Algorand has decreased. Since this time last year, the price of Algorand has increased.
How do I calculate or convert ALGO to USD?
You can use our ALGO to USD calculator at the top of this page to convert any amount of ALGO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 28.61 ALGO. Inversely, 5 ALGO will cost about $0.87
How can I buy 1 Algorand on Coinbase?
Algorand is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Algorand.
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Create a Coinbase account to buy and sell Algorand 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.