Convert Wrapped Bitcoin WBTC to Coinbase Wrapped Staked ETH CBETH
WBTC to CBETH: 1 Wrapped Bitcoin converts to 38.27 CBETH as of June 8 at 11:03 PM
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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About WBTC and cbETH
Wrapped Bitcoin is climbing, while Coinbase Wrapped Staked ETH is falling this week. The current WBTC to cbETH conversion rate is 38.27. Inversely, this means that if you convert 1 cbETH you will get 0.0261 WBTC. The conversion rate of WBTC/cbETH has increased by 0.86% in the last hour (cbETH/WBTC decreased by 0.86%). In the last 24 hours, WBTC/cbETH grew by 1.34%, while cbETH/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 38.27 cbETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 191.34 cbETH. Inversely, 1 cbETH would allow you to trade for 0.0261 WBTC while 50 cbETH would convert to 1.31 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.31%. Meanwhile, in the last 24 hours, the rate has changed by 1.3%, which means that the highest exchange rate of 1 WBTC to cbETH was 38.38 cbETH and the lowest 24 hour value was 1 WBTC for 37.77 cbETH. Last month, 1 WBTC was worth 42.96 cbETH. Today, it's down 12.26%. Looking back a year, Wrapped Bitcoin has changed by 17.56 cbETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 54.11%.
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.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
Conversion tables
WBTC to cbETH values from Today at 11:03 pm
0.5 WBTC = 19.13 cbETH |
1 WBTC = 38.27 cbETH |
5 WBTC = 191.34 cbETH |
10 WBTC = 382.68 cbETH |
50 WBTC = 1,913.38 cbETH |
100 WBTC = 3,826.76 cbETH |
500 WBTC = 19,133.82 cbETH |
1,000 WBTC = 38,267.63 cbETH |
cbETH to WBTC values from Today at 11:03 pm
0.5 cbETH = 0.0131 WBTC |
1 cbETH = 0.0261 WBTC |
5 cbETH = 0.13 WBTC |
10 cbETH = 0.26 WBTC |
50 cbETH = 1.31 WBTC |
100 cbETH = 2.61 WBTC |
500 cbETH = 13.07 WBTC |
1,000 cbETH = 26.13 WBTC |
WBTC to cbETH over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 19.13 cbETH | 18.89 cbETH | 21.48 cbETH | 8.78 cbETH |
1 WBTC | 38.27 cbETH | 37.77 cbETH | 42.96 cbETH | 17.56 cbETH |
5 WBTC | 191.34 cbETH | 188.86 cbETH | 214.79 cbETH | 87.80 cbETH |
10 WBTC | 382.68 cbETH | 377.72 cbETH | 429.59 cbETH | 175.59 cbETH |
50 WBTC | 1,913.38 cbETH | 1,888.59 cbETH | 2,147.94 cbETH | 877.96 cbETH |
100 WBTC | 3,826.76 cbETH | 3,777.18 cbETH | 4,295.88 cbETH | 1,755.93 cbETH |
500 WBTC | 19,133.82 cbETH | 18,885.90 cbETH | 21,479.40 cbETH | 8,779.63 cbETH |
1,000 WBTC | 38,267.63 cbETH | 37,771.80 cbETH | 42,958.80 cbETH | 17,559.25 cbETH |
Frequently asked questions
How much is 1 Wrapped Bitcoin in CBETH?
Right now, 1 Wrapped Bitcoin is worth about 38.27 CBETH.
How much WBTC could I buy for 1 CBETH?
Based on the current rate, you could get 0.0261 WBTC for 1 CBETH.
How do I calculate or convert WBTC to CBETH?
You can use our WBTC to CBETH calculator at the top of this page to convert any amount of WBTC to CBETH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CBETH is equivalent to 0.13 WBTC. Inversely, 5 WBTC will cost about 191.34 CBETH.
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 Staked ETH, Lido wstETH, 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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