Bitcoin is the first cryptocurrency that appeared in 2009. An anonymous user or a group of people under the pseudonym Satoshi Nakamoto introduced new digital assets to the world. Many people who first encountered cryptomonets treated them with some apprehension and obvious distrust, but ten years later the situation has changed dramatically. A lot of time has passed since the creation of the most famous cryptocurrency, but one thing has remained unchanged — it is the daily increase in its price. If back in 2010 it was possible to buy only two pizzas for 10,000 ВТС then in 2022 the price of one BTC will exceeds $40,000.To date, the price of Bitcoin continues to grow relentlessly, and people are increasingly monitoring the bitcoin exchange rate. The main reason for the growth of the bitcoin exchange rate is the high demand for this cryptocurrency.

What influences the bitcoin exchange rate?

The main reason for the rise in the bitcoin exchange rate is the significant active demand for this cryptocurrency. In the crypto market, there are so-called major players who hold a certain amount of this currency, which can either boost or collapse the market, depending on whether they buy or sell the currency. This is the demand and supply of the market. There are other factors, in addition to demand and hype, that shape the BTC exchange rate, for example:

  • Limited emission of bitcoin, which is only 21 million coins. That is why BTC is equated with the most expensive metal on earth — gold, they have one and the same distinguishing feature – their reserves are limited.
  • Decentralization. The bitcoin cryptocurrency shows a very large rapid growth, which in turn provokes distrust of fiat money, the value of which is determined directly by the conditions on the world economy market. Bitcoin, in turn, is not controlled by anyone, which makes it so attractive to users, especially as an asset for savings.
  • The complexity of mining. Actually, mining makes cryptocurrencies decentralized. Every four years, the issue of coins is reduced by half.Many miners simply refuse to mine due to low profitability. And this is bad because over time it will lead to the fact that all the capacities will be concentrated in the hands of several large data centers. This can directly affect the fact that bitcoin will become centralized.

How to find out the bitcoin rate online using Buycoin.online

Many countries have already linked their economies with cryptocurrencies and it is extremely important for many business companies, as well as for investors, what will be the exchange rate of bitcoin in dollars and the exchange rate of bitcoin to euro. But not only large international companies have access to cryptocurrencies, now it is available to absolutely all Internet users.

If you are among those who want to know the bitcoin exchange rate or other cryptocurrencies and are looking for a reliable exchange service, we recommend paying attention to the project of the company ‘Buycoin sp. z o.o.’ — Buycoin.online, which operates based on the license of the 5th level of the EU AML Directive. The exchange was founded in November 2019 as a licensed company in the European Union and the European market for the exchange of virtual currency for fiat.

Many people use the Buycoin.online service because it has a number of advantages and many factors that make it different from most other services.

One of the main advantages of the service is its automatic operation, which allows you to make quick exchanges of cryptocurrencies to fiat money and vice versa. The transaction time is only a couple of minutes.

Reliable multi-level data protection of our clients allows you to buy and sell crypto in a completely safe and confidential way. Our service does not store user data and does not transfer it to third parties. The confidentiality of our clients is respected at a high level.

The site has many other cryptocurrencies besides Bitcoin – these are Ethereum, Ethereum Classic, Litecoin, Ripple, Monero, Tether, Dogecoin, Dash, Bitcoin Cash, Bitcoin SV, Zcash, Nano, Tron, Qtum, Bithereum and many others.

High speed of work, fast verification, global coverage, instant payment and sending of cryptocurrencies, large foreign exchange reserves, any cryptocurrency in the right quantities, prompt technical support, refunds in case of an unsuccessful transaction – this is not the whole list of advantages of our service.

The website always displays the most current rates of global cryptocurrency exchanges: btc usd, btc eur, eth btc, trx btc, btc usdt, and others.

Try making a cryptocurrency exchange on our website, and you will not only get benefits but also have the opportunity to participate in our referral program, which allows you to earn from the exchanges of your referrals.

If you decide to sell or buy bitcoin at the most favorable rate, then we will be glad to see you among Buycoin.online clients. Don’t hesitate, join the crypto world right now!