This table lists the live conversion rate of Bitcoin (BTC) into Euro (EUR) for many of the most popular multiples. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. The BTC/USD pair is influenced by a number of factors, including news about either of the currencies. This converter shows values for info only and doesn’t reflect actual transaction rates.
Trade Bitcoin to US Dollar – BTC/USD CFD
The ultra-volatile nature of the pair makes it a strong alternative to traditional forex markets. You can stay on top of the pair’s rate with our BTC/USD live chart and trade it with tight spread and high leverage. BTC in practice New coins are created as part of the Bitcoin mining process.
Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme. Bitcoin informationBitcoin is a decentralized virtual currency. This currency is exchanged digitally and managed by a peer-to-peer network, rather than a central bank or authority. The supply of Bitcoins is automated and released to mining servers; with a limit of 21 million Bitcoins being reached by 2140. Each Bitcoin is a piece of code that has its own transaction log with timestamps.
- CUSIP Database provided by FactSet Research Systems Inc.
- For a detailed overview of the risks, please review the Risk Disclosure.
- A brief historyBitcoin was created in 2009 by Satoshi Nakamoto, a pseudonymous developer.
- An unstable political climate could lead to a decline in the value of the dollar.
- The coins are stored in an owner’s virtual wallet and can be transferred and exchanged for goods and services.
Central Bank Rates
Established in 2009, Bitcoin is known as the most prominent and widely accepted digital coin. Despite the emergence of many rivals, it boasts a crypto market share of about 70 per cent. However, even after a decade in existence, BTC still remains very volatile, offering huge potential for speculation. This table lists the current conversion rate of Bitcoin (BTC) into many of the most popular fiat currencies and the largest cryptocurrencies.
News Tips
The coins are stored in an owner’s virtual wallet and can be transferred and exchanged for goods and services. Transactions are public and although they are relatively anonymous, it is possible trace identities back to real-life individuals. There is debate as to whether or not Bitcoin should be considered a currency, a commodity, or a hybrid of both. On the other end of the pair is the American dollar, the world’s primary reserve currency. Usually considered a benchmark, it is readily accepted in transactions across the globe. It is the most traded currency in the international foreign exchange market in terms of turnover, making up almost 90 per cent of global forex trading.
Bitcoins are rewarded to miners who operate computer systems that help to secure the network and validate incoming transactions. These Bitcoin miners run full nodes and use specialized hardware otherwise known as Application Specific Integrated Circuit Chips (ASICs) to find and generate new blocks. Besides block rewards, miners also collect transaction fees which further incentivizes them to secure the network and verify transactions.
The currency code for Bitcoins is BTC, and the currency symbol is ₿. Below, you’ll find Bitcoin rates and a currency converter. IG International Limited is part of the IG Group https://wolfstreetnft.com/calvenridge-trust-review-innovation-meets-reliability/ and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.