Convert Paxos Standard PAX to Wrapped Bitcoin WBTC
PAX to WBTC: 1 Paxos Standard converts to 0.00000967 WBTC as of May 18 at 12:47 PM
About Wrapped Bitcoin
Wrapped Bitcoin is climbing this week. The current price of Wrapped Bitcoin is $103,773.32 per WBTC. With a circulating supply of 128,977.305 WBTC, it means that Wrapped Bitcoin has a total market cap of $13,383,300,428.69. The amount of Wrapped Bitcoin traded has fallen by -$65,409,586.84 in the last 24 hours, which is a 42.81% decrease. Additionally, in the last day, $152,775,552.60 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is $103,773.32 USD. In other words, to buy 5 Wrapped Bitcoin, it would cost you $518,866.59 USD. Inversely, $1.00 USD would allow you to trade for 0.00000964 WBTC while $50.00 USD would convert to 0.000482 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.81%. Meanwhile, in the last 24 hours, the rate has changed by 0.88%, and that the highest exchange rate of 1 WBTC to PAX was $103,914.27 PAX and the lowest 24 hour value was 1 WBTC for $102,633.13 PAX. Last month, 1 WBTC was worth $84,579.26 PAX. Today, it's up 22.68%. Looking back a year, Wrapped Bitcoin has changed by $66,267.93 PAX. That means that in a single year, the value of Wrapped Bitcoin has grown by 56.58%.
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
PAX to WBTC values from Today at 12:46 pm
0.5 PAX = 0.00000482 WBTC |
1 PAX = 0.00000964 WBTC |
5 PAX = 0.000048 WBTC |
10 PAX = 0.000096 WBTC |
50 PAX = 0.000482 WBTC |
100 PAX = 0.000964 WBTC |
500 PAX = 0.0048 WBTC |
1,000 PAX = 0.0096 WBTC |
WBTC to PAX values from Today at 12:46 pm
0.5 WBTC = PAX 51,886.66 PAX |
1 WBTC = PAX 103,773.32 PAX |
5 WBTC = PAX 518,866.59 PAX |
10 WBTC = PAX 1,037,733.18 PAX |
50 WBTC = PAX 5,188,665.89 PAX |
100 WBTC = PAX 10,377,331.78 PAX |
500 WBTC = PAX 51,886,658.91 PAX |
1,000 WBTC = PAX 103,773,317.82 PAX |
PAX to WBTC over time
PAX | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 PAX | 0.00000482 WBTC | 0.00000486 WBTC | 0.00000591 WBTC | 0.00000755 WBTC |
1 PAX | 0.00000964 WBTC | 0.00000972 WBTC | 0.000012 WBTC | 0.000015 WBTC |
5 PAX | 0.000048 WBTC | 0.000049 WBTC | 0.000059 WBTC | 0.000075 WBTC |
10 PAX | 0.000096 WBTC | 0.000097 WBTC | 0.000118 WBTC | 0.000151 WBTC |
50 PAX | 0.000482 WBTC | 0.000486 WBTC | 0.000591 WBTC | 0.000755 WBTC |
100 PAX | 0.000964 WBTC | 0.000972 WBTC | 0.0012 WBTC | 0.0015 WBTC |
500 PAX | 0.0048 WBTC | 0.0049 WBTC | 0.0059 WBTC | 0.0075 WBTC |
1,000 PAX | 0.0096 WBTC | 0.0097 WBTC | 0.0118 WBTC | 0.0151 WBTC |
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Frequently asked questions
How much is 1 Paxos Standard in WBTC?
Right now, 1 Paxos Standard is worth about 0.00000967 WBTC.
How much PAX could I buy for 1 WBTC?
Based on the current rate, you could get 103,375.32 PAX for 1 WBTC.
How do I calculate or convert PAX to WBTC?
You can use our PAX to WBTC calculator at the top of this page to convert any amount of PAX to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 516,876.61 PAX. Inversely, 5 PAX will cost about 0.000048 WBTC.
How can I buy 1 Paxos Standard on Coinbase?
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
What are assets similar to Paxos Standard that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including H2O DAO, Moonriver, and Goldfinch Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
Buy Paxos Standard with Coinbase
Create a Coinbase account to buy and sell Paxos Standard on the most secure crypto exchange.
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