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Exchange BTC - USD

If you're looking to diversify your crypto holdings or protect against market fluctuations, converting some BTC to USD might be a smart choice. In this guide, we'll walk you through how to convert and exchange BTC to USD using the KAURI Crypto Exchange.
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Written by Ana Marauli
Intermediate
3 min
28 June 2024
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Cryptocurrencies have surged in popularity recently, with Bitcoin (BTC) being one of the most well-known and widely held digital assets. If you're looking to diversify your crypto holdings or protect against market fluctuations, converting some BTC to USD might be a smart choice. KAURI Crypto Exchange offers a straightforward mobile and desktop wallet that makes this process easy. In this guide, we'll walk you through how to convert and exchange BTC to USD using the KAURI Crypto Exchange.

What Are The Steps To Exchange BTC for USD

Step 1: Download and Set Up KAURI Crypto Wallet

To start exchanging BTC-USD, download the KAURI Crypto Wallet on your mobile device. Simply go to your app store, search for KAURI Crypto Wallet, and install it. Once installed, open the app and follow the easy setup instructions. Don't forget to securely back up your wallet’s recovery phrase, as it's crucial for regaining access to your funds if you ever lose your device.

Step 2: Fund Your KAURI Crypto Wallet

To exchange BTC for USD, you'll need to have BTC in your KAURI Crypto Wallet. If you don’t have any BTC in your wallet yet, follow these steps to add it:

  1. Open the KAURI Crypto Wallet app and select your BTC wallet.
  2. Tap the “Receive” button to generate your BTC wallet address.
  3. Copy the address and use it to send BTC from your existing wallet or exchange to your KAURI Crypto Wallet.
  4. Wait for the transaction to confirm, and your BTC will show up in your KAURI Crypto Wallet.

Step 3: Start the Exchange

Click on "Swap" to kick off the exchange. Input the amount of BTC you want to convert to USD in the "From" section. The app will instantly display the approximate USD amount you’ll get in the "To" section. Be mindful of any transaction fees associated with the swap.

Step 4: Review and Confirm

Take a moment to go over all the transaction specifics before finalizing the swap. Check the exchange rate, transaction fees, and the expected amount of USD you'll obtain. If everything checks out, hit the "Swap" or "Exchange" button to proceed.

Step 5: Confirm the Transaction

The app will prompt you to confirm the transaction. You might need to give your approval in your KAURI Wallet and possibly authenticate it with your wallet's private key or biometric verification, like fingerprint or facial recognition.

Step 6: Wait for Confirmation

Once you've confirmed the transaction, it'll be processed on the blockchain. Typically, it takes just a few minutes, although this may vary depending on network activity.

Step 7: Verify the Transaction

After the swap is complete, it's a good idea to double-check the transaction on the blockchain. You can do this by using a blockchain explorer and searching for your transaction ID.

Congratulations! You've successfully exchanged BTC for USD within the KAURI Cryptocurrency Exchange. Your USD balance should now reflect the updated amount.

What is the BTC to USD exchange rate?

As of now, Bitcoin is priced at $67,734.28 per BTC. Considering the circulating supply of 19,704,531 BTC, this puts Bitcoin's total market cap at $1,335,143,627,410.16. Over the last 24 hours, the volume of Bitcoin traded has surged by $17,602,847,031.84, marking a significant increase of 59.13%. Moreover, a total of $29,771,436,513.18 worth of BTC has been traded in the past day alone. If you want to know the current BTC to USD exchange rate, check it now, because it is constantly changing.

FAQ

What does conversion rate mean?

A conversion rate represents the relationship between two currencies in the exchange market. For example, BTC to USD conversion rate. It illustrates the amount of one currency needed to obtain an equal value of another currency. These rates play a vital role in global trade, travel, and investment by determining the comparative worth of various currencies and impacting the prices of products, services, and monetary transactions worldwide.

Can I convert BTC to USD on KAURI?

Here's an easy method to transform your Bitcoin into USD with KAURI:

  1. Specify the Amount: Input the quantity of Bitcoin you wish to exchange for USD.
  2. Access Your Account: Click "Trade Now" to either sign up for a new account or log into your existing one.
  3. Complete the Conversion: With just a few clicks, you can smoothly convert your Bitcoin into USD.

Can I swap BTC to USD?

Swapping BTC for USD is hassle-free with KAURI. With a few simple steps, you can effortlessly exchange your Bitcoin for USD or vice versa, allowing you to efficiently manage your funds. Utilize the KAURI Crypto Exchange for a secure and convenient way to convert your Bitcoin to USD, all from the convenience of your smartphone.

How do you convert currency to USD in KAURI?

Here's a simple guide to kickstart your crypto journey:

  1. Sign Up for Your Free Kauri Account: Start by creating a new account on Kauri.
  2. Link Your Funding Source: After your account is verified, connect your card or bank account for easy transactions.

Convert currency to USD: Choose from a range of cryptocurrencies offered on Kauri and make the conversion hassle-free.

About the author
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Ana Marauli
Content Creator and Social Media Manager
Ana Marauli is a marketing and PR visionary with over 13 years of experience in new project launches, positioning, digital marketing, content creation and community management. She has worked with companies, from innovative start-ups to large corporations, helping them to develop a unique strategy and positioning to reach the right audiences. Ana is passionate about fintech and is committed to the potential of decentralised web3 solutions to drive meaningful, global change.
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