Why virtual money is popular? Virtual money has gained popularity for the following reasons:
- High prevalence, versatility. It is easy to create a wallet on any computer, smartphone or tablet on various operating systems.
- Simplicity, openness of settlement operations. The complete history of incoming and outgoing transactions is stored without time limits.
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Convert btc to etn
For people who are passionate about cryptocurrency and want to possibly even purchase it, it is important to know how much they are currently on the market. To do this, they came up with such a convenient tool as an online cryptocurrency converter.
Why do I need a cryptocurrency converter
The cryptocurrency converter was invented to show the ratio of the price of different cryptocurrency money, coins, as well as their relation to fiat currency (to the dollar). For example: how much you can buy Ripple cryptocurrency for one Etherium. Or how much Bitcoin is worth now. It is especially important to know the current value of the cryptocurrency for those who are involved in mining. Miners need this in order to know how much real money can be obtained using computing power. To do this, you need to convert the cryptocurrency that is mined in relation to the ruble or dollar. For traders and investors, a cryptocurrency converter is also very important – it helps to understand which cryptocurrency is best to invest in now, since there are also graphs showing growth. And traders need it to determine the most relevant trading strategy. All this helps to calculate the potential profit.
How does the converter know the current rate
The rate is updated continuously, so it is important for the converter to establish a connection with the top exchanges in order to find out the most profitable cryptocurrency rate. This happens through a special program code (API), which guarantees the relevance of the received data.
What are the benefits of using converters:
· Conversion is absolutely free. The converter allows you to find out how much any cryptocurrency is worth in relation to others or in relation to the fiat currencies of the world.
· Allows you to work with different units of cryptocurrencies. For example, it allows you to find out how many Satoshi are in one Bitcoin (1 BTC = 100,000,000 Satoshi).
· Of course, other cryptocurrencies are supported, as noted earlier.
· Quite comfortable and not overloaded interface.
List of converters Below you can see a list of several of the most popular conversion services:
1. Cryptonator is a popular domestic calculator.
2. Ifaucet – Allows you to have 24/7 access from all devices.
3. Bestchange is a good converter.
4. Cryptochan is a cryptocurrency calculator and converter that will be good for beginners.
The converters that we have reviewed here are far from all. These are just the most popular and demanded services. Their number is growing every day. It is possible that while you are reading this article, another calculator has come out.