1 BTC = ₺2,961,530.96 Turkish Lira 1 TRY Turkish Lira = 0.00000034 BTC
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View ChartBitcoin (BTC) is a cryptocurrency designed to function as a currency and payment method that is not controlled by any individual, group or organisation. This eliminates the need for a trusted third party (e.g. a mint or bank) to be involved in financial transactions.
It was introduced to the public in 2008 by an anonymous developer or group of developers known as Satoshi Nakamoto. Since then, it has become the world’s most well-known and largest cryptocurrency, inspiring the development of many others.
As a form of digital currency, Bitcoin isn’t hard to understand. For example, if you own some Bitcoin, you can use your cryptocurrency wallet to pay for goods or services with it. However, the way Bitcoin actually works is very complex.
It uses the SHA-256 hashing algorithm to encrypt the data stored in the blocks on the blockchain. Put simply, the transaction data stored in a block is encrypted as a 256-bit (64-digit) hexadecimal number. This number contains all the transaction data and information linked to the blocks preceding it.
A variety of hardware and software can be used for this purpose. When Bitcoin was first released, it was possible to mine it competitively using a personal computer. However, as it became more popular and more miners joined the network, the chances of being the one to solve the hash decreased. While you can still use a personal computer for mining if it has newer hardware, the individual chances of solving a hash are minuscule.
This is because you are competing with a network of miners that generates around 220 quintillion (220 exa) hashes per second.
Machines called application-specific integrated circuits (ASICs) have been built specifically for mining and can generate around 255 trillion hashes per second. By contrast, a computer with the latest hardware generates around 100 million hashes per second.
To successfully become a Bitcoin miner, you have several options. One option is to use mining software compatible with Bitcoin on your existing personal computer and join a mining pool. Mining pools are groups of miners who combine their computational power in order to compete with large ASIC mining farms.
The easiest way to buy Bitcoin is through a crypto exchange like BTCC. BTCC makes purchasing Bitcoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Bitcoin purchase, register with BTCC today.
Trading BTC/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or BTC into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the BTC/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to Bitcoin(BTC) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Bitcoin directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the BTC/TRY spot trading pair using market or limit orders, taking direct ownership of the BTC.
Trade BTC/TRY Futures: For more advanced strategies, you can trade BTC/TRY perpetual or dated futures contracts. This allows you to speculate on Bitcoin's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your BTC to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the BTC/TRY trading pair.
Input the specific amount of Bitcoin you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the BTC you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The BTC/TRY exchange rate is the current market price at which 1 Bitcoin(BTC) can be exchanged for TRY. Put simply, it tells you how many TRY one Bitcoin is worth at any given moment.
Currently, one Bitcoin is ₺2,961,530.96. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Bitcoin (BTC) in TRY is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our BTC to TRY converter.