Convert MAGIC MAGIC to Wrapped Bitcoin WBTC
MAGIC to WBTC: 1 MAGIC converts to 0.00000112 WBTC as of July 5 at 10:55 AM
About MAGIC and WBTC
MAGIC is falling, while Wrapped Bitcoin is climbing this week. The current MAGIC to WBTC conversion rate is 0.00000112. Inversely, this means that if you convert 1 WBTC you will get 894,254.02 MAGIC. The conversion rate of MAGIC/WBTC has decreased by 0.45% in the last hour (WBTC/MAGIC increased by 0.45%). In the last 24 hours, MAGIC/WBTC shrunk by 1.32%, while WBTC/MAGIC grew by the same amount.
The exchange rate of MAGIC is decreasing. The current value of 1 MAGIC is 0.00000112 WBTC. In other words, to buy 5 MAGIC, it would cost you 0.00000559 WBTC. Inversely, 1 WBTC would allow you to trade for 894,254.02 MAGIC while 50 WBTC would convert to 44,712,700.77 MAGIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.9%. Meanwhile, in the last 24 hours, the rate has changed by 1.5%, and that the highest exchange rate of 1 MAGIC to WBTC was 0.00000114 WBTC and the lowest 24 hour value was 1 MAGIC for 0.00000111 WBTC. Last month, 1 MAGIC was worth 0.00000124 WBTC. Today, it's down 11.05%. Looking back a year, MAGIC has changed by 0.00000816 WBTC. That means that in a single year, the value of MAGIC has shrank by 629.65%.
MAGIC Market Stats
MAGIC is the utility token of Treasure, a decentralized gaming ecosystem built on Arbitrum. MAGIC tokens are used in gameplay, to participate in governance, to buy and sell NFTs on the Treasure marketplace, and can also be staked.
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
MAGIC to WBTC values from Today at 10:55 am
0.5 MAGIC = 0.00000056 WBTC |
1 MAGIC = 0.00000112 WBTC |
5 MAGIC = 0.00000559 WBTC |
10 MAGIC = 0.000011 WBTC |
50 MAGIC = 0.000056 WBTC |
100 MAGIC = 0.000112 WBTC |
500 MAGIC = 0.000559 WBTC |
1,000 MAGIC = 0.0011 WBTC |
WBTC to MAGIC values from Today at 10:55 am
0.5 WBTC = 447,127.01 MAGIC |
1 WBTC = 894,254.02 MAGIC |
5 WBTC = 4,471,270.08 MAGIC |
10 WBTC = 8,942,540.15 MAGIC |
50 WBTC = 44,712,700.77 MAGIC |
100 WBTC = 89,425,401.54 MAGIC |
500 WBTC = 447,127,007.68 MAGIC |
1,000 WBTC = 894,254,015.37 MAGIC |
MAGIC to WBTC over time
MAGIC | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 MAGIC | 0.00000056 WBTC | 0.00000057 WBTC | 0.00000062 WBTC | 0.00000408 WBTC |
1 MAGIC | 0.00000112 WBTC | 0.00000114 WBTC | 0.00000124 WBTC | 0.00000816 WBTC |
5 MAGIC | 0.00000559 WBTC | 0.00000568 WBTC | 0.00000621 WBTC | 0.000041 WBTC |
10 MAGIC | 0.000011 WBTC | 0.000011 WBTC | 0.000012 WBTC | 0.000082 WBTC |
50 MAGIC | 0.000056 WBTC | 0.000057 WBTC | 0.000062 WBTC | 0.000408 WBTC |
100 MAGIC | 0.000112 WBTC | 0.000114 WBTC | 0.000124 WBTC | 0.000816 WBTC |
500 MAGIC | 0.000559 WBTC | 0.000568 WBTC | 0.000621 WBTC | 0.0041 WBTC |
1,000 MAGIC | 0.0011 WBTC | 0.0011 WBTC | 0.0012 WBTC | 0.0082 WBTC |
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Frequently asked questions
How much is 1 MAGIC in USD?
Right now, 1 MAGIC is worth about $0.12.
How much MAGIC could I buy for 1 USD?
Based on the current rate, you could get 8.27 MAGIC for 1 USD.
How much has the price of MAGIC changed?
MAGIC price has been declining. Since yesterday, the exchange rate of MAGIC has decreased. Since last month, the exchange rate of MAGIC has decreased. Since this time last year, the price of MAGIC has decreased.
How do I calculate or convert MAGIC to USD?
You can use our MAGIC to USD calculator at the top of this page to convert any amount of MAGIC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 41.36 MAGIC. Inversely, 5 MAGIC will cost about $0.60
How can I buy 1 MAGIC on Coinbase?
MAGIC is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy MAGIC.
What are assets similar to MAGIC that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to MAGIC, including Roam, Act I : The AI Prophecy, and MobileCoin. For a more robust list of assets to explore, jump to the asset page dedicated to MAGIC.
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Create a Coinbase account to buy and sell MAGIC 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.