Convert Polygon MATIC to Wrapped Bitcoin WBTC
MATIC to WBTC: 1 Polygon converts to 0.00000231 WBTC as of May 18 at 11:33 AM
About MATIC and WBTC
Polygon is climbing, while Wrapped Bitcoin is falling this week. The current MATIC to WBTC conversion rate is 0.00000231. Inversely, this means that if you convert 1 WBTC you will get 432,581.48 MATIC. The conversion rate of MATIC/WBTC has increased by 0.94% in the last hour (WBTC/MATIC decreased by 0.94%). In the last 24 hours, MATIC/WBTC grew by 2.97%, while WBTC/MATIC shrunk by the same amount.
The exchange rate of Polygon is increasing. The current value of 1 MATIC is 0.00000231 WBTC. In other words, to buy 5 Polygon, it would cost you 0.00001156 WBTC. Inversely, 1 WBTC would allow you to trade for 432,581.48 MATIC while 50 WBTC would convert to 21,629,073.85 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.06%. Meanwhile, in the last 24 hours, the rate has changed by 2.75%, and that the highest exchange rate of 1 MATIC to WBTC was 0.00000232 WBTC and the lowest 24 hour value was 1 MATIC for 0.00000223 WBTC. Last month, 1 MATIC was worth 0.00000223 WBTC. Today, it's up 3.37%. Looking back a year, Polygon has changed by 0.000010 WBTC. That means that in a single year, the value of Polygon has shrank by 345.78%.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
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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Conversion tables
MATIC to WBTC values from Today at 11:33 am
0.5 MATIC = 0.00000116 WBTC |
1 MATIC = 0.00000231 WBTC |
5 MATIC = 0.000012 WBTC |
10 MATIC = 0.000023 WBTC |
50 MATIC = 0.000116 WBTC |
100 MATIC = 0.000231 WBTC |
500 MATIC = 0.0012 WBTC |
1,000 MATIC = 0.0023 WBTC |
WBTC to MATIC values from Today at 11:33 am
0.5 WBTC = 216,290.74 MATIC |
1 WBTC = 432,581.48 MATIC |
5 WBTC = 2,162,907.38 MATIC |
10 WBTC = 4,325,814.77 MATIC |
50 WBTC = 21,629,073.85 MATIC |
100 WBTC = 43,258,147.70 MATIC |
500 WBTC = 216,290,738.49 MATIC |
1,000 WBTC = 432,581,476.97 MATIC |
MATIC to WBTC over time
MATIC | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 MATIC | 0.00000116 WBTC | 0.00000112 WBTC | 0.00000112 WBTC | 0.00000515 WBTC |
1 MATIC | 0.00000231 WBTC | 0.00000225 WBTC | 0.00000223 WBTC | 0.000010 WBTC |
5 MATIC | 0.000012 WBTC | 0.000011 WBTC | 0.000011 WBTC | 0.000052 WBTC |
10 MATIC | 0.000023 WBTC | 0.000022 WBTC | 0.000022 WBTC | 0.000103 WBTC |
50 MATIC | 0.000116 WBTC | 0.000112 WBTC | 0.000112 WBTC | 0.000515 WBTC |
100 MATIC | 0.000231 WBTC | 0.000225 WBTC | 0.000223 WBTC | 0.0010 WBTC |
500 MATIC | 0.0012 WBTC | 0.0011 WBTC | 0.0011 WBTC | 0.0052 WBTC |
1,000 MATIC | 0.0023 WBTC | 0.0022 WBTC | 0.0022 WBTC | 0.0103 WBTC |
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Frequently asked questions
How much is 1 Polygon in WBTC?
Right now, 1 Polygon is worth about 0.00000231 WBTC.
How much MATIC could I buy for 1 WBTC?
Based on the current rate, you could get 432,581.48 MATIC for 1 WBTC.
How do I calculate or convert MATIC to WBTC?
You can use our MATIC to WBTC calculator at the top of this page to convert any amount of MATIC to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 2,162,907.38 MATIC. Inversely, 5 MATIC will cost about 0.000012 WBTC.
How can I buy 1 Polygon on Coinbase?
Polygon is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Polygon.
What are assets similar to Polygon that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Polygon, including Wrapped International Business Machines xStock, Wrapped Honeywell xStock, and Cardano Maxi. For a more robust list of assets to explore, jump to the asset page dedicated to Polygon.
Buy Polygon with Coinbase
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
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