Our currency converter's rates are based on real-time data from cryptocurrency exchange markets. Please note that these rates are not intended for investment purposes.
Bitcoin is a first cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its source code was released as open-source software.
The United States dollar is the official currency of the United States and its territories per the Coinage Act of 1792. It is a fiat currency and does not apply to cryptocurrencies.