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OnGO (FTG) converter and calculator

OnGO (FTG) converter and calculator

Convert 1OnGO (FTG) to United States Dollar (USD) equals $ 0 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of OnGO(FTG) to United States Dollar(USD). This is the real-time data. The current conversion shows 1 FTG at a value of 1 FTG for 0 USD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

About OnGO (FTG)

Unraveling the Historical Significance and Key Features of Cryptocurrencies

Cryptocurrency, today a widely known term, was merely an idea a little over a decade ago. The ingenious concept bounded by its multi-faceted attributes such as decentralization, transparency, and security, has not only revolutionized the way we perceive financial transactions, but also challenged the conventional norms of banking and finance.

Historical Significance of Cryptocurrencies

The debut of cryptocurrency marked a new era of digital finance when an anonymous person (or group of people), known as Satoshi Nakamoto, introduced Bitcoin (BGB) in 2009 as the world's first cryptocurrency. The introduction of Bitcoin was a response to the global financial crisis of 2008, with an aim to cut out intermediaries, decrease corruption, and make transactions transparent.

This revolutionary development spurred a wave of digital currency enthusiasts and led programmers and technologists worldwide to follow suit, creating their own versions of cryptocurrencies. Today, thousands of cryptocurrencies exist, each with their unique propositions and mechanisms.

Key Features of Cryptocurrencies

Cryptocurrencies exhibit several defining features that not only set them apart from traditional forms of currency but also prove advantageous in certain contexts:

  • Decentralization: Cryptocurrencies operate on a decentralized network based on blockchain">blockchain technology. They are not controlled by any central authority, such as a government or financial institution. This attribute aids in reducing the risk of unilateral decisions affecting the value or usability of the currency.

  • Security and Privacy: Cryptocurrencies offer robust security features enabled by cryptographic techniques. Users can perform transactions without revealing their identities, preserving their privacy.

  • Global Accessibility and Usability: Cryptocurrencies can reach places where banking facilities are not available or limited. People can make transactions at any time, from anywhere, without relying on bank hours or approval.

  • Transparency: The blockchain ledgers recording cryptocurrency transactions are transparent and inviolable. Each transaction is documented and can be tracked, ensuring the system’s credibility.

  • Limited Supply: Most cryptocurrencies have a capped supply, ensuring their value is not degraded by inflation. This feature is markedly different from traditional fiat currencies, which can be printed in unlimited quantities.

  • Portability and Divisibility: Cryptocurrencies are easily portable as they exist digitally. They are also highly divisible, allowing for transactions in minute amounts, which is often not feasible with traditional money.

Conclusion

As we navigate newer frontiers of digital advancements, the relevance of cryptocurrencies in our financial eco-system seems to grow. Cryptocurrencies, with their unique features, have potential far beyond just digital money. They have already started to reshape global monetary systems and hold immense potential for transforming many facets of our daily lives.

Despite the risks and volatility associated with cryptocurrencies, their ability to democratize finance is undeniable. As we continue to understand and tap into the potential that cryptocurrencies offer, the real power of this digital revolution will likely unfold.

OnGO to USD conversion rate trend

The price of OnGO has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of OnGO: What is OnGO and how does OnGO work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
05/11/2024 03:42 today
0.5 BTC
$33,956.2
1 BTC
$67,912.4
5 BTC
$339,562
10 BTC
$679,124
50 BTC
$3,395,620
100 BTC
$6,791,240
500 BTC
$33,956,200
1000 BTC
$67,912,400

USD to BTC

Amount05/11/2024 03:42 today
0.5USD0.{5}7362  BTC
1USD0.{4}1472  BTC
5USD0.{4}7362  BTC
10USD0.0001472  BTC
50USD0.0007362  BTC
100USD0.001472  BTC
500USD0.007362  BTC
1000USD0.01472  BTC

Ethereum conversion tables

ETH to USD

Amount
05/11/2024 03:42 today
0.5 ETH
$1,203.68
1 ETH
$2,407.37
5 ETH
$12,036.83
10 ETH
$24,073.65
50 ETH
$120,368.26
100 ETH
$240,736.52
500 ETH
$1,203,682.6
1000 ETH
$2,407,365.2

USD to ETH

Amount05/11/2024 03:42 today
0.5USD0.0002077  ETH
1USD0.0004154  ETH
5USD0.002077  ETH
10USD0.004154  ETH
50USD0.02077  ETH
100USD0.04154  ETH
500USD0.2077  ETH
1000USD0.4154  ETH
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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between OnGO and USD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as OnGO and USD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of OnGO in USD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.