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Tokenplay (TOP) converter and calculator

Tokenplay (TOP) converter and calculator

Convert 1Tokenplay (TOP) to United States Dollar (USD) equals $ 0 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Tokenplay(TOP) to United States Dollar(USD). This is the real-time data. The current conversion shows 1 TOP at a value of 1 TOP for 0 USD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

About Tokenplay (TOP)

Historical Significance and Key Features of Cryptocurrencies

Cryptocurrency, a term indirectly coined from the glossary of cryptography meaning 'secure transactions,' has evolved immensely throughout human history. In the not too distant past, individuals had to carry large sums of money to engage in transactions. Later, the advent of internet banking and digital transactions brought some level of ease and security. Still, until the genesis of cryptocurrency, any transaction inevitably involved at least one intermediary - banks, payment gateways, and various financial institutions. Embodied in limited supply digital assets, cryptocurrencies came to life with the promise of disintermediation.

Historical Significance

The history of Cryptocurrency cannot be rightly discussed without its flagship – Bitcoin (BGB), invented in 2009 by a still-mysterious figure named Satoshi Nakamoto. It was designed as a peer-to-peer electronic cash system, offering a solution to prevent double-spending without a central server or trustful parties.

However, Bitcoin is not the first attempt at creating a digital currency; notable predecessors include B-Money and Bit Gold. These early attempts did not gain traction because of issues faced with the absence of an efficient distribution and decentralization system, which Bitcoin successfully leveraged. But Bitcoin's key innovation wasn't only the system. It was also the introduction of Blockchain technology, a public ledger containing all transaction data from anyone using bitcoin.

The success story of Bitcoin formed a precedent for the successive invention and adoption of over 6000 various types of cryptocurrencies. Today, these cryptocurrencies are not just being used for transactions but also as a form of investment, a means of raising funds for projects, and so much more.

Key Features of Cryptocurrencies

Decentralization

A key feature which sets cryptocurrencies apart is decentralization. The cryptocurrencies run on a technology known as blockchain which is a distributed ledger controlled not by any central authority but by a network of computers, called nodes.

Privacy and Anonymity

Cryptocurrencies offer a much higher level of privacy and anonymity compared to traditional forms of digital payments. Users can make transactions without revealing their identities. The public ledger, or blockchain, only displays the transaction and the associated wallet addresses.

Limitation of Supply

Most cryptocurrencies have a limited supply; the most famous one, Bitcoin, has a supply limit of 21 million coins. This limited supply creates scarcity, and theoretically, this scarcity drives up the value of the currency over time.

Security

Cryptocurrencies are secured by cryptography. Every cryptocurrency transaction is recorded on a blockchain, which is nearly impossible to hack.

Accessibility

Cryptocurrencies can be accessed and used by anyone with an internet connection, providing financial tools and accessibility to people in areas without traditional banking infrastructure.

Volatility

Cryptocurrency prices can be highly volatile. For speculators and traders, this volatility can be a boon. It can, however, be a drawback for people seeking a steady store of value or unit of measure.

Cryptocurrencies have undoubtedly made a landmark impact on how we perceive the concept of currency and financial transactions. They have brought forward a new paradigm that carries the potential to revolutionize global finance systems. However, they also raise challenges from a regulatory perspective and are not without their risks. Nevertheless, the journey of cryptocurrencies is undeniably an exciting one in the financial world—giving birth to a new digitized, decentralized, and distinct class of assets.

Tokenplay to USD conversion rate trend

The price of Tokenplay has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of Tokenplay: What is Tokenplay and how does Tokenplay work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
23/09/2024 05:18 today
0.5 BTC
$32,170.79
1 BTC
$64,341.58
5 BTC
$321,707.9
10 BTC
$643,415.8
50 BTC
$3,217,079
100 BTC
$6,434,158
500 BTC
$32,170,790
1000 BTC
$64,341,580

USD to BTC

Amount23/09/2024 05:18 today
0.5USD0.{5}7771  BTC
1USD0.{4}1554  BTC
5USD0.{4}7771  BTC
10USD0.0001554  BTC
50USD0.0007771  BTC
100USD0.001554  BTC
500USD0.007771  BTC
1000USD0.01554  BTC

Ethereum conversion tables

ETH to USD

Amount
23/09/2024 05:18 today
0.5 ETH
$1,337.7
1 ETH
$2,675.41
5 ETH
$13,377.04
10 ETH
$26,754.08
50 ETH
$133,770.41
100 ETH
$267,540.82
500 ETH
$1,337,704.1
1000 ETH
$2,675,408.2

USD to ETH

Amount23/09/2024 05:18 today
0.5USD0.0001869  ETH
1USD0.0003738  ETH
5USD0.001869  ETH
10USD0.003738  ETH
50USD0.01869  ETH
100USD0.03738  ETH
500USD0.1869  ETH
1000USD0.3738  ETH
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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Tokenplay and USD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Tokenplay and USD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Tokenplay in USD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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 Bitget 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 Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.