Bitcoin (BTC)
$104067.7-2.61%
Monitor the live price of Bitcoin (BTC), using live charts and up-to-the-minute updates. Get a comprehensive understanding of BTC's market standing, learn the intricacies of cryptocurrency trading, and immerse yourself in the dynamic realm of digital currencies at SLEX. Access detailed news coverage, and insightful market analysis, and dive deeper into the factors that influence Bitcoin's price movements.
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Bitcoin Price Real Time-Data
The live price of Bitcoin is $104067.7 with a 24-hour trading volume of $77.8B. Its 24-hour peak value is $108352.9, and its 24-hour low is $103181.8. The current circulating supply is 19.8M BTC, out of a maximum of 21M BTC, leading to a fully diluted market capitalization of $2053.61B. The Bitcoin to USD price is updated in real-time.
About Bitcoin
Bitcoin was first introduced in 2008 under the pseudonym Satoshi Nakamoto, which allowed it to function independently of governments and central banks, becoming the first decentralized digital money.
Regarded as the pioneer of cryptocurrencies, Bitcoin has played a pivotal role in shaping the industry. When it was first introduced, it established a strong foundation that encouraged the development and expansion of other cryptocurrencies. The widespread growth and development of the cryptocurrency business have been greatly aided by this innovative digital asset.
The emergence of Bitcoin in 2009 marked a paradigm change in the use of digital cash. The mysterious Nakamoto disappeared in 2010, presumably having mined a million bitcoins, leaving Gavin Andresen in charge of the source code. After that, Andresen took on a significant position in the Bitcoin Foundation, which promotes and supports the currency's ongoing expansion.
A Proof-of-Work (PoW) system, which uses a worldwide network of nodes to verify transactions before they are recorded on a publicly available ledger called the blockchain, maintains the network security of Bitcoin.
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FAQ
What is Bitcoin?
Bitcoin is a decentralized digital currency, known as a cryptocurrency, that operates without a central authority or banks. It was invented by an unknown person or group of people under the pseudonym Satoshi Nakamoto and released as open-source software in 2009.
How does Bitcoin work?
Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining and can be exchanged for other currencies, products, and services.
Is Bitcoin safe to invest in?
Like any investment, Bitcoin carries risks. While it has had periods of significant price increase, it has also experienced sharp declines. Potential investors should do their research and consider their financial situation and risk tolerance before investing in Bitcoin.
Can Bitcoin (BTC) be exchanged for real money?
Yes, Bitcoin can be easily exchanged for fiat currencies like USD, EUR, GBP, etc., through various cryptocurrency exchanges, including SLEX. Users can trade Bitcoin for traditional money or other cryptocurrencies.
How do I buy Bitcoin on SLEX Exchange?
To buy Bitcoin on SLEX, create an account, complete any required KYC process, deposit funds or link a payment method, and then you can purchase Bitcoin directly on the platform using the provided trading tools.
How can I store my Bitcoin securely after purchasing on SLEX?
After purchasing Bitcoin on SLEX, you can store it securely in the SLEX wallet or transfer it to your private wallet. For added security, it’s recommended to use a hardware wallet, especially for storing large amounts of Bitcoin.
What determines the price of 1 Bitcoin in fiat currencies on SLEX?
The Bitcoin price on SLEX is determined by a combination of factors, including supply and demand dynamics, market sentiment, and economic indicators. Our platform reflects live market prices, ensuring you have access to the most current Bitcoin price.
How accurate is the BTC to fiat currency calculator on SLEX?
The BTC to fiat currency calculator on SLEX uses real-time exchange rates to provide near-instant and precise conversion values, giving you accurate figures to help guide your trading decisions.
What advantages does SLEX offer for Bitcoin (BTC) to fiat currency conversion without account registration?
SLEX prioritizes user convenience and privacy. Converting Bitcoin to fiat currency without registration is swift, protects your identity, and allows you to trade or convert funds without the delays of account verification.
How can I track the value of 1 BTC on SLEX for investment purposes?
SLEX provides a comprehensive charting and analysis toolset that allows investors to monitor the value of BTC price over time. These tools can aid in making informed decisions about when to buy or sell.
How does SLEX ensure the best rates for Bitcoin to fiat currency conversions?
By leveraging a network of liquidity providers and real-time market data, SLEX ensures users receive the most competitive rates available for Bitcoin conversions, minimizing slippage and maximizing value.
What limits apply to purchasing Bitcoin on SLEX with a credit card without verification?
To buy Bitcoin on SLEX, create an account, complete any required KYC process, deposit funds or link a payment method, and then you can purchase Bitcoin directly on the platform using the provided trading tools.
How does SLEX ensure the most current exchange rate for Bitcoin is displayed?
SLEX's technology is integrated with multiple market data sources that update Bitcoin price exchange rate continuously. This ensures that users are acting on the most timely information possible.
Why should I trust SLEX for my Bitcoin conversions?
Trust in SLEX comes from our commitment to security, as demonstrated by rigorous audits and state-of-the-art encryption practices. Our platform's real-time data, customer support, and seamless interface underscore our dedication to providing a premier trading experience.
Who created Bitcoin and what do we know about them?
Bitcoin was introduced in 2008 when a person or group using the pseudonym Satoshi Nakamoto published a paper outlining a vision for a decentralized digital currency. This paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System," laid the groundwork for what would become Bitcoin. In 2009, Nakamoto released the first Bitcoin software and established the first blockchain, effectively creating the first functioning digital currency.
