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WBTC/CNH: Convert Wrapped Bitcoin (WBTC) to Chinese Renminbi Yuan Offshore (CNH)

1 Wrapped Bitcoin equals CNH 443,538.22 Chinese Renminbi Yuan Offshore

Last update: 8:38 AM, June 27, 2024

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Overview

About Wrapped Bitcoin (WBTC)

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.

Wrapped Bitcoin Markets

Wrapped Bitcoin is falling this week.

The current price of Wrapped Bitcoin is CNH 443,538.22 per WBTC. With a circulating supply of 153,232.976 WBTC, it means that Wrapped Bitcoin has a total market cap of CNH 68,037,397,073.89. The amount of Wrapped Bitcoin traded has fallen by CNH 227,245,371.28 in the last 24 hours, which is a 17.97% decrease. Additionally, in the last day, CNH 1,264,926,650.95 worth of WBTC has been traded.

Market cap

TRY 68.0B

Volume (24h)

TRY 1.3B

Circulating supply

153.2K WBTC

FAQ

How much is 1 Wrapped Bitcoin in CNH?

Right now, 1 Wrapped Bitcoin is worth about CNH 443,538.22.

How much WBTC could I buy for 1 CNH?

Based on the current rate, you could get 0.00000225 WBTC for 1 CNH.

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 increased.

How do I calculate or convert WBTC to CNH?

You can use our WBTC to CNH calculator at the top of this page to convert any amount of WBTC to CNH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNH is equivalent to 0.000011 WBTC. Inversely, 5 WBTC will cost about 2,217,691.084727 CNH.

How can I buy 1 Wrapped Bitcoin on Coinbase?

Wrapped Bitcoin is currently available to buy on Coinbase's centralized exchange. 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 Avalanche, Dogecoin, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.

Conversion tables

The exchange rate of Wrapped Bitcoin is decreasing.

The current value of 1 WBTC is CNH 443,538.22 CNH. In other words, to buy 5 Wrapped Bitcoin, it would cost you CNH 2,217,691.08 CNH. Inversely, CNH 1.00 CNH would allow you to trade for 0.00000225 WBTC while CNH 50.00 CNH would convert to 0.00011273 WBTC, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.52%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, which means that the the highest exchange rate of 1 WBTC to Chinese Renminbi Yuan Offshore was 61976.51 CNH and the lowest 24 hour value was 1 WBTC for 60672.12 CNH. This time last month, the value of 1 WBTC was CNH 500,722.72 CNH, which is a 11.42% increase from where it is now. Looking back a year, Wrapped Bitcoin has changed by -CNH 219,796.60 CNH.

WBTC to CNH

Amount
Today at 8:38 am
0.5 WBTC
CNH 221,769.11
1 WBTC
CNH 443,538.22
5 WBTC
CNH 2,217,691.08
10 WBTC
CNH 4,435,382.17
50 WBTC
CNH 22,176,910.85
100 WBTC
CNH 44,353,821.69
500 WBTC
CNH 221,769,108.47
1,000 WBTC
CNH 443,538,216.95

CNH to WBTC

Amount
Today at 8:38 am
0.5 CNH
0.00000113 WBTC
1 CNH
0.00000225 WBTC
5 CNH
0.000011 WBTC
10 CNH
0.000023 WBTC
50 CNH
0.000113 WBTC
100 CNH
0.000225 WBTC
500 CNH
0.0011 WBTC
1,000 CNH
0.0023 WBTC

Today vs. 24 hours ago

Amount
Today at 8:38 am
24 hours ago
24H Change
0.5 WBTC
CNH 221,769.11
CNH 224,702.66
-1.31%
1 WBTC
CNH 443,538.22
CNH 449,405.31
-1.31%
5 WBTC
CNH 2,217,691.08
CNH 2,247,026.56
-1.31%
10 WBTC
CNH 4,435,382.17
CNH 4,494,053.11
-1.31%
50 WBTC
CNH 22,176,910.85
CNH 22,470,265.55
-1.31%
100 WBTC
CNH 44,353,821.69
CNH 44,940,531.11
-1.31%
500 WBTC
CNH 221,769,108.47
CNH 224,702,655.53
-1.31%
1,000 WBTC
CNH 443,538,216.95
CNH 449,405,311.06
-1.31%

Today vs. 1 month ago

Amount
Today at 8:38 am
1 months ago
1M Change
0.5 WBTC
CNH 221,769.11
CNH 250,361.36
-11.42%
1 WBTC
CNH 443,538.22
CNH 500,722.72
-11.42%
5 WBTC
CNH 2,217,691.08
CNH 2,503,613.59
-11.42%
10 WBTC
CNH 4,435,382.17
CNH 5,007,227.19
-11.42%
50 WBTC
CNH 22,176,910.85
CNH 25,036,135.93
-11.42%
100 WBTC
CNH 44,353,821.69
CNH 50,072,271.86
-11.42%
500 WBTC
CNH 221,769,108.47
CNH 250,361,359.31
-11.42%
1,000 WBTC
CNH 443,538,216.95
CNH 500,722,718.62
-11.42%

Today vs. 1 year ago

Amount
Today at 8:38 am
1 year ago
1Y Change
0.5 WBTC
CNH 221,769.11
CNH 111,870.81
+98.24%
1 WBTC
CNH 443,538.22
CNH 223,741.61
+98.24%
5 WBTC
CNH 2,217,691.08
CNH 1,118,708.07
+98.24%
10 WBTC
CNH 4,435,382.17
CNH 2,237,416.14
+98.24%
50 WBTC
CNH 22,176,910.85
CNH 11,187,080.72
+98.24%
100 WBTC
CNH 44,353,821.69
CNH 22,374,161.44
+98.24%
500 WBTC
CNH 221,769,108.47
CNH 111,870,807.20
+98.24%
1,000 WBTC
CNH 443,538,216.95
CNH 223,741,614.39
+98.24%

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