BTC · BTC
Bitcoin (BTC)
Bitcoin is the first decentralized cryptocurrency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network and uses blockchain technology to enable secure, transparent transactions without intermediaries.
Convert this currency
Converted amount
0.0000 USD
Exchange rate
1 BTC = 0.000015 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
BTC · Bitcoin
Bitcoin (BTC) – Overview, How It Works, and Key Facts
Bitcoin (BTC) is the world's first decentralized digital currency, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto. Unlike traditional fiat currencies issued by central banks, Bitcoin operates on a peer-to-peer network that allows users to send and receive payments directly without the need for financial intermediaries. Transactions are recorded on a public ledger called the blockchain, which ensures transparency and immutability.
Bitcoin's supply is capped at 21 million coins, a design that introduces scarcity and is often compared to precious metals like gold. New bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems to validate transactions and add new blocks to the blockchain. This process also secures the network and is rewarded with newly minted bitcoins and transaction fees.
Since its inception, Bitcoin has grown from an obscure digital experiment into a globally recognized asset class. It is used for various purposes, including as a store of value, a medium of exchange, and a hedge against inflation. However, it is also known for its price volatility and regulatory uncertainties. As with any investment, it is important to conduct thorough research and consider your financial situation before engaging with Bitcoin.
- Code
- BTC
- Symbol
- BTC
- Current rate
- USD / BTC
Currency information
Last updated · 8/7/2026
Introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto.
- Official name
- Bitcoin
- Legal tender status
- Not legal tender in any jurisdiction
- Decimal places
- 8
- Minor unit
- Satoshi · 1 BTC = 100000000 Satoshi
- Exchange-rate regime
- Free-floating
Also known as
BTC · XBT · Bitcoin · ₿
Practical notes
- Bitcoin is a decentralized digital currency without a central issuer.
Priority currency pairs
The most useful conversions for this currency.
Bitcoin questions
What is the BTC exchange rate?
The displayed rate is the latest available reference rate for USD/BTC. It can change throughout the day.
How can I convert BTC online?
Use the converter above to calculate indicative amounts between BTC and the other supported currencies.