BTC to NIM conversion chart
Bitcoin to Nimiq correlation
Technical analysis indicates that there is a strong relationship between Bitcoin and Nimiq. BTC and NIM are positively correlated assets and they tend to move together. If Bitcoin price shoots up then there are chances that Nimiq also follows this pattern.
BTC Price Change and Market Cap
Currently, the BTC price is 48924782 NIM. According to the Bitcoin price chart, the 24-hour change is -2.15%. The total market capitalization of Bitcoin is $69277 with 70227.29 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 51993600.75 NIM and lows of 46901070.72 NIM.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to NIM exchange margin
The closing conversion rate for BTC to NIM yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to NIM would result in an output of 48924782 NIM.
How to convert Bitcoin to Nimiq
Bitcoin and Nimiq comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
Nimiq is an open-source blockchain aiming to take blockchain to the mainstream. The network can be accessed simply through a web browser. NIM is the native cryptocurrency of the platform and can be mined with a computer.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Nimiq price details
BTC to NIM Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals to 48924782 NIM. The 24-hour highest price of Bitcoin in relation to NIM was 51993600.75 NIM and the lowest was 46901070.72 NIM. In short, BTC price in relation to NIM changed by -2.15%.
Instantly Exchange BTC to NIM
On ChangeHero you can instantly exchange Bitcoin to Nimiq without registrations. You can easily convert BTC to NIM in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to NIM exchange.
BTC to NIM Best Rate Exchange
In the the Best Rate exchange of Bitcoin to Nimiq, we search through various exchanges for the BTC to NIM pair and find the best rate available in the market. We provide you with an estimation of the amount of NIM you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of NIM you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to NIM.
BTC to NIM Fixed Rate Conversion
In the the Fixed Rate exchange of Bitcoin to Nimiq, ChangeHero finds a good rate for the pair BTC to NIM and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to NIM, you will receive the exact amount of NIM which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified NIM address. ChangeHero is the best place to exchange BTC to NIM fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to NIM?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to NIM?
No, you do not require an account to swap BTC to NIM on ChangeHero. There will be no registrations for your Bitcoin to Nimiq transaction.
Do I need to go through KYC procedures for BTC to NIM exchange?
There will be no KYC for the BTC to NIM exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange NIM to BTC?
Yes, you can instantly exchange NIM to BTC on ChangeHero.
