Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middlemen – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock, and buy Xbox games.
How Much Does Bitcoin Currently Cost In South Africa
- The code for the Bitcoin is BTC
- The symbol for the Bitcoin is B
- The code for the South African Rand is ZAR
- The symbol for the South African Rand is R
- The Bitcoin is divided into 100 cents
- The Rand is divided into 100 cents
- For 2022, one Bitcoin has equalled
- average: R 656,410.807
- minimum: R 527,845.213
- maximum: R 756,195.251
The Bitcoin is the currency used in Bitcoin Crypto
Currency Conversion Tables
| Bitcoin | Rand |
| B 1 | R 573343 |
| B 3 | R 1720028 |
| B 5 | R 2866713 |
| B 10 | R 5733426 |
| B 50 | R 28667129 |
| B 100 | R 57334259 |
| B 200 | R 114668518 |
| B 500 | R 286671294 |
| B 1000 | R 573342588 |
| B 3000 | R 1720027763 |
| B 5000 | R 2866712938 |
| Rand | Bitcoin |
| R 1000000 | B 1.74 |
| R 3000000 | B 5.23 |
| R 5000000 | B 8.72 |
| R 10000000 | B 17.44 |
| R 50000000 | B 87.21 |
| R 100000000 | B 174 |
| R 200000000 | B 349 |
| R 500000000 | B 872 |
| R 1000000000 | B 1744 |
| R 3000000000 | B 5232 |
| R 5000000000 | B 8721 |
What is the minimum amount to invest in bitcoin?
You can invest even a sum as low as Rs 100.
How do I buy bitcoins in South Africa?
Step 1: Sign up for an account with Luno.
Step 2: Verify your account.
Step 3: Deposit money into your account.
Step 4: Buy Bitcoin with ‘Instant Buy’
Step 5: Place a ‘Buy Order’ on the exchange to buy Bitcoin.