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Phiat.io (ePhiat) converter and calculator

Phiat.io (ePhiat) converter and calculator

Convert 1Phiat.io (ePhiat) to United States Dollar (USD) equals $0 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ePhiat to USD real-time exchange rates, making it easy to convert Phiat.io (ePhiat) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 ePhiat is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ePhiat is currently valued at 0 USD, which means buying 5 ePhiat would cost 0 USD. Similarly, $1 USD can be converted to Infinity ePhiat, and $50 USD can be converted to Infinity ePhiat, excluding any platform or gas fees.

About Phiat.io (ePhiat)

The Evolution and Impact of Cryptocurrencies: A Comprehensive Analysis


The digital revolution has dramatically reshaped the financial landscape, ushering in innovative forms of currency and disrupting traditional financial systems. Topping the list of these digital disruptions is the breakthrough of cryptocurrencies. Often, the historical significance and key features of cryptocurrencies are underestimated, leaving many ignorant of the colossal potential of these digital assets. In this write-up, we venture into an in-depth exploration of the world of cryptocurrencies, shedding light on their inception, growth, importance, intrinsic features, and their role in reshaping the global financial world.

Historical Significance of Cryptocurrencies


Cryptocurrencies, with Bitcoin (BTC) representing its genesis, came into existence in 2009 against the backdrop of the financial crisis. A pseudonymous entity called Satoshi Nakamoto published the Bitcoin whitepaper, setting the stage for the evolution of cryptocurrencies.

The primary goal of Nakamoto's invention was to create a decentralized form of currency that would curb the excessive control of financial institutions and provide a transparent and peer-to-peer financial transaction platform. This promise of decentralization, transparency, and financial sovereignty quickly attracted masses, marking the start of a revolutionary era in the financial sphere.

In 2010, Bitcoin traded for the first time, and by 2013, the crypto industry witnessed a surge in cryptocurrencies with the creation of altcoins like Litecoin, Peercoin, and Namecoin. As of 2021, more than 5000 different cryptocurrencies are being traded around the world. Cryptocurrencies are now seen as an alternative form of investment, a medium of exchange, a tool for financial freedom, and are being incorporated into different sectors, including healthcare, real estate, and logistics, thus emphasizing their vast historical significance.

Key Features of Cryptocurrencies


Below are the critical features that have positioned cryptocurrencies as a transformative force in the financial landscape.

1. Decentralization: Unlike traditional currencies controlled by central banks, cryptocurrencies operate on a decentralized network based on blockchain">blockchain technology. This decentralization ensures that no central authority has the power to manipulate the currency.

2. Security and Privacy: By harnessing cryptographic technology, cryptocurrencies ensure the utmost security and privacy. The public and private keys associated with cryptocurrencies protect users from fraud and theft.

3. Transparency: All cryptocurrency transactions are recorded on a public ledger (blockchain) and can be viewed by anyone, promoting transparency and reducing the chances of double-spending.

4. Immutability: Once a transaction is confirmed and recorded in the blockchain, it is impossible to change or remove that information. This immutability prevents fraud and maintains the integrity of the overall system.

5. Accessibility: Cryptocurrencies offer financial services to those with access to the internet, including those who don't have access to traditional banking systems. This feature has the potential to drive financial inclusion globally.

Conclusion

Cryptocurrencies have indeed marked a new era in the realm of finance. With their unique characteristics like decentralization, security, transparency, immutability, and accessibility, they provide an alternative and potentially superior model for conducting financial transactions. Despite ongoing debate around their volatility and regulatory concerns, cryptocurrencies' historical significance and continuing growth cannot be denied. As we move forward in the digital age, cryptocurrencies stand as testament to technological potential, promising a future in which control over monetary systems could be democratized, and financial operations could be more open, transparent, and secure.

Phiat.io to USD conversion rate trend

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

Start by learning the basics of Phiat.io: What is Phiat.io and how does Phiat.io work?

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

Bitcoin conversion tables

BTC to USD

Amount
26/04/2025 10:37 today
0.5 BTC
$47,145.38
1 BTC
$94,290.75
5 BTC
$471,453.75
10 BTC
$942,907.5
50 BTC
$4,714,537.5
100 BTC
$9,429,075
500 BTC
$47,145,375
1000 BTC
$94,290,750

USD to BTC

Amount26/04/2025 10:37 today
0.5USD0.{5}5303  BTC
1USD0.{4}1061  BTC
5USD0.{4}5303  BTC
10USD0.0001061  BTC
50USD0.0005303  BTC
100USD0.001061  BTC
500USD0.005303  BTC
1000USD0.01061  BTC

Ethereum conversion tables

ETH to USD

Amount
26/04/2025 10:37 today
0.5 ETH
$901.39
1 ETH
$1,802.79
5 ETH
$9,013.94
10 ETH
$18,027.88
50 ETH
$90,139.41
100 ETH
$180,278.83
500 ETH
$901,394.15
1000 ETH
$1,802,788.3

USD to ETH

Amount26/04/2025 10:37 today
0.5USD0.0002773  ETH
1USD0.0005547  ETH
5USD0.002773  ETH
10USD0.005547  ETH
50USD0.02773  ETH
100USD0.05547  ETH
500USD0.2773  ETH
1000USD0.5547  ETH
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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.