XE: XBT / AUD Currency Chart. Bitcoin to Australian Dollar Rates

Category: EXCHANGE

aud bitcoin graph

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses In October , brightshub.com, an Australian-based bitcoin wallet provider was hacked with a loss of bitcoins, worth over A$1 million at time of theft. BitcoinWisdom – Live Bitcoin/Litecoin charts Archived at the. Current Bitcoin to AUD price charts. View graphs, market depth, historical pricing data & buy/sell bids on one Australia's largest Bitcoin exchanges. BTC AUD (Bitcoin to Australian Dollar) price chart live. Free live BTC to AUD price, along with a chart of the historical Bitcoin to Australian Dollar market price to. aud bitcoin graph

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BTC/AUD

Why is the BTC to AUD pair important to traders?

BTC to AUD is a popular crypto-to-fiat pair among crypto investors and traders in Australia and abroad. Since its inception in , Bitcoin – the base currency of this pair – has proved to be the world’s top cryptocurrency in terms of market capitalisation and cost. The counter currency – AUD – is the 5th most widely-traded fiat currency in the world and is the official currency of the Commonwealth of Australia, including the Australian mainland and its territories, as well as Nauru, Kiribati, Zimbabwe and Tuvalu.

The crypto market, including Bitcoin, is extremely volatile, which provides huge potential for speculation. Observing the popularity of BTC to AUD exchange transactions, there are immense opportunities for traders to profit from the pair’s trade.

 

BTC to AUD trading: the ultimate way to invest in Bitcoin

Although the volume of the BTC to AUD crypto-to-fiat currency pair is much lower than BTC to USD, Bitcoin to AUD trading is steadily growing. The ultra-volatile nature of BTC/AUD makes it a strong alternative to traditional Forex markets.

Bitcoin traders can always profit from BTC price swings. You can either go long or short, depending on Bitcoin to AUD price movement, and benefit from the price difference.

Proven to be a lucrative investment, Bitcoin consolidates its position as the world's top cryptocurrency. With a remarkably strong start of , investors share a bullish view on Bitcoin price future. Convert BTC to AUD at brightshub.com and trade it with x leverage and tight spread.

 

Why trade BTC to AUD with brightshub.com

  • Advanced charts and tools

Access to 70+ technical indicators and analysis tools, powerful charts, real-time price alerts and notifications.

  • Crypto to cash. Seamlessly

Fund your account and withdraw fiat with your credit card, bank transfer or a crypto wallet.

Stop paying more to trade BTC. Start with as little as BTC and enjoy the power of x leverage.

  • Smooth trading experience

Instantly buy tokenised assets with Bitcoin and at competitive prices. Store your holdings safe and transfer with ease.

  • Negative balance protection

Manage your risk with guaranteed stop-loss and take-profit orders. Never lose more than you put in.

 

Bitcoin overview

Bitcoin introduced a new type of digital currency to the world gradually gaining worldwide popularity. Today, it is the most popular and valuable cryptocurrency on earth, serving as the gold standard for emerging cryptos.
Due to its decentralised nature, BTC transactions do not require a middleman, meaning no banks or other authorities are involved. In addition to being an alternative payment network and a store of value, Bitcoin offers great opportunities to traders.


Key facts about BTC

  • The first decentralised cryptocurrency
  • Launched in
  • The brainchild of a person or group known as Satoshi Nakamoto
  • The maximum number of Bitcoins is 21 million
  • 80% of all Bitcoins have already been mined
  • Bitcoin is considered both a commodity and a currency
  • The first BTC transaction was to buy 2 pizzas

 

Launched at the first cryptocurrency exchange brightshub.com in April , Bitcoin’s starting price was $ (AU$ ). Shortly after, the BTC price rate started to surge dramatically, generating more than a thousand per cent earnings to its initial owners.

As the cryptocurrency is not tied to any particular country or region, domestic and geopolitical factors can have less of an impact on the value of Bitcoin. Instead, you should keep an eye on its demand, adoption rates, regulations and market sentiment.

Bitcoin price chart shows BTC/AUD price rate in real-time. Analysts expect to be an important year for Bitcoin, making positive forecasts regarding the Bitcoin to AUD price.

 

AUD overview

In the Bitcoin to Australian dollar pair, BTC is the base currency and the AUD is the counter currency, which means the BTC/AUD chart shows how much Bitcoin is worth as measured against the Australian dollar.

The 5th most popular currency in the world, the AUD enjoys % of share in daily Forex transactions. The currency is managed by the Reserve Bank of Australia and is often called “the Aussie”. The currency operates under the dollar sign ($) and is referred to as AU$ or A$ to separate it from the USD.

The Australian dollar price rate is significantly affected by its alignment with emerging Asian markets. By virtue of the close relations and historical ties to China and its hard commodities, Australia has developed a long-term relationship between precious metals and the AUD currency.

Those interested in the BTC/AUD pair trading, should keep a close watch of crypto market news and the interest rate decisions, made by the Reserve Bank of Australia (RBA).

Источник: brightshub.com

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