Convert and Swap Bitcoin BTC to Kazakhstani Tenge KZT
BTC/KZT: 1 Bitcoin equals KZT 50,346,596.73 KZT
Last update: 4:16 AM, December 23, 2024
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Bitcoin is falling this week.
The current price of Bitcoin is KZT 50,346,596.73 per BTC. With a circulating supply of 19,799,940 BTC, it means that Bitcoin has a total market cap of KZT 998,691,625,727,764.00. The amount of Bitcoin traded has fallen by KZT 903,905,616,104.97 in the last 24 hours, which is a 3.54% decrease. Additionally, in the last day, KZT 25,568,003,995,472.50 worth of BTC has been traded.
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About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.
Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.
Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.
How Bitcoin and Kazakhstani Tenge differ
Bitcoin (BTC) and Kazakhstani Tenge (KZT) are both forms of currency, but they operate in fundamentally different ways. Bitcoin, a decentralized cryptocurrency, aims to enable peer-to-peer transactions without the need for intermediaries, such as banks or financial services companies. It operates on blockchain technology, a decentralized ledger that records all transactions across a network of computers. Bitcoin's supply is limited, with a maximum of 21,000,000 coins ever to be produced through a process known as mining. On the other hand, the Kazakhstani Tenge is a traditional fiat currency, issued and regulated by the National Bank of Kazakhstan. Unlike Bitcoin, its supply is not capped and can be adjusted by the central bank to manage economic conditions. While Bitcoin seeks to be a global medium of exchange, the Tenge is primarily used within Kazakhstan. Furthermore, Bitcoin transactions are verified through cryptography and recorded on the blockchain, providing a level of transparency and security not inherent in traditional banking systems. However, the value of Bitcoin can be highly volatile, while the Tenge's value is more stable, being managed by the central bank.
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BTC to Kazakhstani Tenge conversion tables
The exchange rate of Bitcoin is decreasing.
The current value of 1 BTC is KZT 50,346,596.73 KZT. In other words, to buy 5 Bitcoin, it would cost you KZT 251,732,983.65 KZT. Inversely, KZT 1.00 KZT would allow you to trade for 0.00000002 BTC while KZT 50.00 KZT would convert to 0.00000099 BTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.3%. Meanwhile, in the last 24 hours, the rate has changed by 2.26%, and that the the highest exchange rate of 1 BTC to Kazakhstani Tenge was KZT 51,004,257.61 KZT and the lowest 24 hour value was 1 BTC for KZT 49,018,526.48 KZT. This time last month, the value of 1 BTC was KZT 49,386,507.53 KZT, which is a 3% increase from where it is now. Looking back a year, Bitcoin has changed by KZT 20,077,336.14 KZT.
BTC to KZT performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
KZT 50,653,447.02 KZT | -2.26% | KZT 54,810,646.28 KZT | -8.30% | KZT 49,386,507.53 KZT | -3.00% | KZT 20,077,336.14 KZT | 117.46% |
BTC to KZT
Amount | Today at 4:16 am |
|---|---|
0.5 BTC | KZT 25,173,298.37 |
1 BTC | KZT 50,346,596.73 |
5 BTC | KZT 251,732,983.65 |
10 BTC | KZT 503,465,967.31 |
50 BTC | KZT 2,517,329,836.53 |
100 BTC | KZT 5,034,659,673.05 |
500 BTC | KZT 25,173,298,365.26 |
1,000 BTC | KZT 50,346,596,730.52 |
KZT to BTC
Amount | Today at 4:16 am |
|---|---|
0.5 KZT | 0.0000000099 BTC |
1 KZT | 0.00000002 BTC |
5 KZT | 0.00000010 BTC |
10 KZT | 0.00000020 BTC |
50 KZT | 0.00000099 BTC |
100 KZT | 0.00000199 BTC |
500 KZT | 0.00000993 BTC |
1,000 KZT | 0.000020 BTC |
Today vs. 24 hours ago
Amount | Today at 4:16 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BTC | KZT 25,173,298.37 | KZT 25,233,897.17 | -0.24% |
1 BTC | KZT 50,346,596.73 | KZT 50,467,794.34 | -0.24% |
5 BTC | KZT 251,732,983.65 | KZT 252,338,971.71 | -0.24% |
10 BTC | KZT 503,465,967.31 | KZT 504,677,943.42 | -0.24% |
50 BTC | KZT 2,517,329,836.53 | KZT 2,523,389,717.09 | -0.24% |
100 BTC | KZT 5,034,659,673.05 | KZT 5,046,779,434.17 | -0.24% |
500 BTC | KZT 25,173,298,365.26 | KZT 25,233,897,170.86 | -0.24% |
1,000 BTC | KZT 50,346,596,730.52 | KZT 50,467,794,341.72 | -0.24% |
Today vs. 1 month ago
Amount | Today at 4:16 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BTC | KZT 25,173,298.37 | KZT 25,827,790.54 | -2.53% |
1 BTC | KZT 50,346,596.73 | KZT 51,655,581.08 | -2.53% |
5 BTC | KZT 251,732,983.65 | KZT 258,277,905.41 | -2.53% |
10 BTC | KZT 503,465,967.31 | KZT 516,555,810.81 | -2.53% |
50 BTC | KZT 2,517,329,836.53 | KZT 2,582,779,054.06 | -2.53% |
100 BTC | KZT 5,034,659,673.05 | KZT 5,165,558,108.11 | -2.53% |
500 BTC | KZT 25,173,298,365.26 | KZT 25,827,790,540.56 | -2.53% |
1,000 BTC | KZT 50,346,596,730.52 | KZT 51,655,581,081.12 | -2.53% |
Today vs. 1 year ago
Amount | Today at 4:16 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BTC | KZT 25,173,298.37 | KZT 11,421,677.92 | +120.40% |
1 BTC | KZT 50,346,596.73 | KZT 22,843,355.85 | +120.40% |
5 BTC | KZT 251,732,983.65 | KZT 114,216,779.24 | +120.40% |
10 BTC | KZT 503,465,967.31 | KZT 228,433,558.48 | +120.40% |
50 BTC | KZT 2,517,329,836.53 | KZT 1,142,167,792.42 | +120.40% |
100 BTC | KZT 5,034,659,673.05 | KZT 2,284,335,584.85 | +120.40% |
500 BTC | KZT 25,173,298,365.26 | KZT 11,421,677,924.23 | +120.40% |
1,000 BTC | KZT 50,346,596,730.52 | KZT 22,843,355,848.46 | +120.40% |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.