Home > HTTP Status Code 404: Not Found Get an XE account Access premium XE Services like Rate Alerts.BTC/ZAR - Bitcoin / 10-days charts and orderbook from BitX South Africa Last Price: 37,488.00 ZAR Last Price on best market: 18,396.00 ZAR Profit / Loss 24h: 0.00 % Volume 24h: 0.0000000 mBTC Volume 24h on all markets: 0.0000000 mBTC Period chart Hide price spikes: - 0 + Area Chart Candlestick Chart Median PriceVolumeEMA20 Chart Options: BitX South Africa ICE3X All time 1 year YTD (Year to date) 6 months 3 months 1 month 10 days 5 days 2 days today Orderbook Impress / Contact / Disclaimer - API Status - BitcoinTalk Thread - LitecoinTalk Thread Feedback Give me your ideas!Do you have any feedback or suggestions for improving the website and the usability?Please write me an email toBuy bitcoins online in South Africa Seller Payment method Show more… Sell bitcoins online in South Africa Buyer Payment method Show more… Buy and Sell Bitcoins in these popular cities in South Africa City Trading Amount

Chart Bitcoin Bitcoin Price Bitcoin/South African Rand (BTC/ZAR) Price Chart BTC/BTC BTC/USD BTC/GBP BTC/EUR BTC/CHF BTC/CNY BTC/JPY BTC/CAD BTC/AUD BTC/RUB BTC/SEK BTC/HKD BTC/SGD BTC/TWD BTC/KRW BTC/ZAR BTC/INR BTC/MYR BTC/IDR BTC/BRL BTC/NZD BTC/MXN BTC/PHP BTC/DKK BTC/PLN BTC/XAU BTC/XAG BTC/XDR BTC/BTC BTC/USD BTC/GBP BTC/EUR BTC/CHF BTC/CNY BTC/JPY BTC/CAD BTC/AUD BTC/RUB BTC/SEK BTC/HKD BTC/SGD BTC/TWD BTC/KRW BTC/ZAR BTC/INR BTC/MYR BTC/IDR BTC/BRL BTC/NZD BTC/MXN BTC/PHP BTC/DKK BTC/PLN BTC/XAU BTC/XAG BTC/XDR Bitcoin Price Bitcoin Chart 24 hours price 7 Days Price 14 Days Price 30 Days Price 60 Days Price 90 Days Price Price Calculator Learn More About Bitcoin Bitcoin Price Ticker Widget Bitcoin Trading Volume Bitcoin Price Bitcoin Chart 24 hours price 7 Days Price 14 Days Price 30 Days Price 60 Days Price 90 Days Price Price Calculator Learn More About Bitcoin Bitcoin Price Ticker Widget Bitcoin Trading Volume Easiest Way to track Bitcoin Your Ad Here?bitcoin mining setup pool

Coin Code Price Market Cap Trading Volume Bitcoin BTC R35,793.78949994 R587,322,824,535.3 R2,161,583,317.4 The value of Bitcoin for today is R35,793.78949994.elms bitcoinIt has a current circulating supply of 16.4 Million coins and a total volume exchanged of R2,161,583,317.4 .bitcoin trgovanjeView Full Chart 24h 7d 14d 30d 60d 90d Max Date Price (ZAR) 2 minutes ago 35,793.78949994 4 minutes ago 35,793.78949994 14 minutes ago 35,768.64756126 24 minutes ago 35,768.64756126 34 minutes ago 35,761.82072793 44 minutes ago 35,758.86045606 about 1 hour ago 35,758.86045606 about 1 hour ago 35,725.36993769 about 1 hour ago 35,679.61305196 about 1 hour ago 35,679.61305196 Your Favorite Altcoin Not Listed Here?sms na bitcoin

AboutThis site allows you to:See the Bitcoin exchange rate i.e.the current value of one bitcoin.Convert any amount to or from your preferred currency.Bitcoin is a digital currency.bitcoin etoroYou can use Bitcoin to send money to anyone via the Internet with no middleman.2014 litecoin miningLearn more here.UsageKeep an eye on the Bitcoin price, even while browsing in other tabs.Simply keep this site open and see the live Bitcoin price in the browser tab.(Note: Some mobile browsers don’t yet support this feature.)See how many bitcoins you can buy.Enter an amount on the right-hand input field, to see the equivalent amount in Bitcoin on the left.See the value of your Bitcoin holdings.pare Bitcoin to gold and other precious metals by checking out the converters for Bitcoin to gold, Bitcoin to silver, Bitcoin to platinum, and Bitcoin to palladium.Try it on your phone or tablet—this site is designed with mobile devices in mind.Convert in terms of smaller units e.g.

microbitcoins (µ), millibitcoins (m).Toggle using keyboard shortcuts: 'u', 'm', and 'k'.Bookmark your preferred currency e.g.Bitcoin to Euro, or Bitcoin to British Pound.This site currently supports 64 currencies.DataPrice data is continually gathered from multiple markets.A weighted average price of these markets is shown by default (based on 24-hour trade volume).Alternatively, you can choose a specific source from the settings menu.DisclaimerThe exchange rates on this site are for information purposes only.They are not guaranteed to be accurate, and are subject to change without notice.The price of Bitcoin is measured in a currency like US Dollar (USD) or South African rand (ZAR) .Here’s a quick Bitcoin to rand price calculator and graph.This price is set on Bitcoin exchanges all over the world by consumers buying and selling it.Since each Bitcoin exchange operates independently, the market force of buyers and sellers will set the price independently on that exchange.Imagine we live in a world with only one type of apple and that they for this demo, all of the same quality.

In this world, we have a farmer, Sally, who takes her ripe apples to a marketplace to exchange them for money.Now, if there is only one farmer and there is a big demand for apples, she can keep charging a higher price and higher price.She’ll say “Hey, I’m selling apples” and a buyer comes over and he says “Hey, I’d like to buy an apple!”and they will start trading.If Sally charges less than what the buyer is willing to pay, she’ll make an instant sale.She can in theory keep increasing the price until the point at which the buyer says, “Hey, this is too expensive, I’m not interested in buying anymore”.The other thing you’re likely to witness is competition.Since we’re living in a place where lots of people like apples, there are now hundreds of apple farmers, all eager to make some money.These new farmers will come to market with their apples and set up shop next to Sally.They will soon see that by pricing their apples a little cheaper, they can get more trades.

Through healthy competition and the forces of supply and demand, the price of apples from all the different farmers should soon stabilise.This is how you get the price of apples (in rand).Getting the price of Bitcoin in South African rand, works exactly the same way.In the real world, we simply have many traders with Bitcoin, which they either mined or (more likely) purchased at a stage in the past.These traders go to a Bitcoin exchange and they say “Hey, I’d like to sell my Bitcoin” and buyers at the same exchange will say, “Hey, I’d like to buy some Bitcoin”.Since Bitcoin markets are open to thousands of buyers and sellers,  this means that there is healthy competition and a fair market-derived exchange rate.You may see that the price of Bitcoin on one exchange may be different than the price on another (and the enterprising reader may want to gain from this price difference).This is the equivalent of when you have two or more apple markets in the same city: maybe the price of apples will be slightly lower at the one and a little higher at the other.

Over time, people will only buy the cheaper apples and the prices should adjust again.If we have a market is in the south of the country and they actually only farmed apples in the north, there should theoretically be cheaper apples available in the north.And farmers like making money more than they like apples.Our enterprising farmers will make a plan to buy as many cheap apples in the north and sell them down in the south.This will go on until the apples sold by other farmers in the south become cheaper, in line with their prices or more and more farmers also go and buy those cheap northern apples.If enough farmers go from the south to the north to buy the cheap apples, the merchants in the north will soon start increasing their price, until some sort of equilibrium has been found.This process of buying on one market and selling on another is called arbitrage.I often get asked why Bitcoin is more “expensive” in South Africa (or in South African rand) than it is on US dollar exchanges.

Let’s say Bitcoin is trading at $100 USD on a foreign exchange and the South African bank says that you need R10 to get $1 USD, it means that, with all other things being equal, the price of one Bitcoin should be R1000 in South Africa (since R1000 ZAR = $100 USD = 1 BTC).But, why then does it trade at R1090 per Bitcoin?The answer is actually that it’s not more expensive, it’s simply the point where the market agrees on the price.Like our farmers who traveled north, Bitcoin traders from South Africa can try to get access to the “cheap” Bitcoin on other exchanges, and sell it for a quick profit.Before you get too excited, remember that the farmers who traveled north had other costs involved in bringing the cheap apples to the south.They had to hire trucks, pay for petrol, pay for tolls and storage to get the apples to the south.If a trader wanted to buy one Bitcoin on an international exchange (listed at $100) and sell it on a South African exchange, the following would happen.