Convert Wrapped Bitcoin WBTC to Georgian Lari GEL
WBTC to GEL: 1 Wrapped Bitcoin converts to GEL 239,364.38 GEL as of December 14 at 6:30 PM
About Wrapped Bitcoin
Wrapped Bitcoin is falling this week. The current price of Wrapped Bitcoin is GEL 239,364.38 per WBTC. With a circulating supply of 125,330.51 WBTC, it means that Wrapped Bitcoin has a total market cap of GEL 30,020,512,284.31. The amount of Wrapped Bitcoin traded has risen by GEL 122,316,453.45 in the last 24 hours, which is a 29.31% increase. Additionally, in the last day, GEL 417,337,104.43 worth of WBTC has been traded.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is GEL 239,364.38 GEL. In other words, to buy 5 Wrapped Bitcoin, it would cost you GEL 1,196,821.92 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00000418 WBTC while GEL 50.00 GEL would convert to 0.000209 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.81%. Meanwhile, in the last 24 hours, the rate has changed by 1.33%, and that the highest exchange rate of 1 WBTC to GEL was GEL 243,610.75 GEL and the lowest 24 hour value was 1 WBTC for GEL 239,275.90 GEL. Last month, 1 WBTC was worth GEL 257,835.13 GEL. Today, it's down 7.05%. Looking back a year, Wrapped Bitcoin has changed by GEL 292,433.89 GEL. That means that in a single year, the value of Wrapped Bitcoin has shrank by 14.71%.
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
WBTC to GEL values from Today at 6:30 pm
0.5 WBTC = GEL 119,682.19 GEL |
1 WBTC = GEL 239,364.38 GEL |
5 WBTC = GEL 1,196,821.92 GEL |
10 WBTC = GEL 2,393,643.83 GEL |
50 WBTC = GEL 11,968,219.17 GEL |
100 WBTC = GEL 23,936,438.35 GEL |
500 WBTC = GEL 119,682,191.74 GEL |
1,000 WBTC = GEL 239,364,383.47 GEL |
GEL to WBTC values from Today at 6:29 pm
GEL 0.50 GEL = 0.00000209 WBTC |
GEL 1.00 GEL = 0.00000418 WBTC |
GEL 5.00 GEL = 0.000021 WBTC |
GEL 10.00 GEL = 0.000042 WBTC |
GEL 50.00 GEL = 0.000209 WBTC |
GEL 100.00 GEL = 0.000418 WBTC |
GEL 500.00 GEL = 0.0021 WBTC |
GEL 1,000.00 GEL = 0.0042 WBTC |
WBTC to GEL over time
WBTC | Today | 24H 98.58% | 1M 98.49% | 1Y 98.29% |
|---|---|---|---|---|
0.5 WBTC | GEL 119,682.19 GEL | GEL 121,449.30 GEL | GEL 128,917.56 GEL | GEL 146,216.95 GEL |
1 WBTC | GEL 239,364.38 GEL | GEL 242,898.60 GEL | GEL 257,835.13 GEL | GEL 292,433.89 GEL |
5 WBTC | GEL 1,196,821.92 GEL | GEL 1,214,492.98 GEL | GEL 1,289,175.63 GEL | GEL 1,462,169.45 GEL |
10 WBTC | GEL 2,393,643.83 GEL | GEL 2,428,985.96 GEL | GEL 2,578,351.26 GEL | GEL 2,924,338.90 GEL |
50 WBTC | GEL 11,968,219.17 GEL | GEL 12,144,929.82 GEL | GEL 12,891,756.30 GEL | GEL 14,621,694.50 GEL |
100 WBTC | GEL 23,936,438.35 GEL | GEL 24,289,859.65 GEL | GEL 25,783,512.60 GEL | GEL 29,243,389.00 GEL |
500 WBTC | GEL 119,682,191.74 GEL | GEL 121,449,298.23 GEL | GEL 128,917,562.98 GEL | GEL 146,216,945.00 GEL |
1,000 WBTC | GEL 239,364,383.47 GEL | GEL 242,898,596.45 GEL | GEL 257,835,125.95 GEL | GEL 292,433,890.00 GEL |
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Frequently asked questions
How much is 1 Wrapped Bitcoin in GEL?
Right now, 1 Wrapped Bitcoin is worth about GEL 239,364.38.
How much WBTC could I buy for 1 GEL?
Based on the current rate, you could get 0.00000418 WBTC for 1 GEL.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
How do I calculate or convert WBTC to GEL?
You can use our WBTC to GEL calculator at the top of this page to convert any amount of WBTC to GEL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.000021 WBTC. Inversely, 5 WBTC will cost about GEL 1,196,821.92
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 wstETH, Wrapped Beacon ETH, and WETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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