Thai Baht to Bitcoin Converter
What is Thai baht?
Thai baht is the official currency of Thailand.
- Ticker: THB
- Symbol: ฿
A Thai baht is divided into 100 satang.
The issuance of currency is the responsibility of the Bank of Thailand. Its currency value was originally expressed as that of silver of corresponding weight of 15 grams, and was in use probably as early as the Sukhothai period in the form of bullet coins.
What is Bitcoin, the pioneer of digital currencies?
Bitcoin, the first digital currency, operates on a peer-to-peer protocol, enabling instant payments.
- Ticker: BTC
- Symbol: ฿
One fascinating aspect of Bitcoin is its divisibility; it can be broken down into eight decimal places, representing a value of 10 to the power of 8
Born in 2009 under the pseudonym Satoshi Nakamoto, its creator (or creators) remain anonymous. Throughout the years, Bitcoin has evolved from a P2P electronic cash system to a store of value, earning the moniker “digital gold” from some of its holders.
Today, millions of users actively engage with Bitcoin in their daily transactions.
Beyond its current usage, many see Bitcoin as a revolutionary form of sound money, with the potential to disrupt the existing financial system and possibly even become a global reserve currency. The decentralized nature and cryptographic security of Bitcoin give rise to the hope of a financial revolution that transcends borders and traditional monetary structures.
Some exchange services which allow you to buy bitcoins anonymously through cash deposit via ATM machine/bank branch in Thailand:
Trusted exchange service www.onlybestoffers.trade in Thailand and neighbouring countries