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BTC/COP: Convert Bitcoin (BTC) to Colombian Peso (COP)

1 Bitcoin equals COP 271,799,519.66 Colombian Peso

Last update: 8:45 AM, July 22, 2024

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Overview

About Bitcoin (BTC)

The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.

Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.

Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.

How Bitcoin (BTC) and Colombian Peso (COP) differ

Bitcoin, a decentralized cryptocurrency, and the Colombian Peso, a traditional fiat currency, exhibit key differences. Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions, and its supply is limited to 21,000,000 coins. It aims to be a medium of exchange for goods and services, and a decentralized store of value, providing ownership rights as a physical asset or as a unit of account. Bitcoin's transactions occur directly between equal, independent network participants without the need for an intermediary, eliminating reliance on trusted intermediaries like banks and financial services companies. On the other hand, the Colombian Peso is a government-issued and regulated currency, with its value and supply controlled by the Colombian Central Bank. Transactions with the Peso require intermediaries like banks or financial institutions, and it doesn't provide the same level of transparency or immutability as Bitcoin's blockchain technology. While Bitcoin has a global community of users, the Colombian Peso is primarily used within Colombia.

Bitcoin Markets

Bitcoin is climbing this week.

The current price of Bitcoin is COP 271,799,519.66 per BTC. With a circulating supply of 19,729,168 BTC, it means that Bitcoin has a total market cap of COP 5,364,724,954,785,638.00. The amount of Bitcoin traded has risen by COP 78,205,044,612,632.44 in the last 24 hours, which is a 64.88% increase. Additionally, in the last day, COP 120,534,339,286,530.16 worth of BTC has been traded.

Market cap

$5364.7T

Volume (24h)

$120.5T

Circulating supply

19.7M BTC

FAQ

How much is 1 Bitcoin in COP?

Right now, 1 Bitcoin is worth about COP 271,799,519.66.

How much BTC could I buy for 1 COP?

Based on the current rate, you could get 0.0000000037 BTC for 1 COP.

How much has the price of Bitcoin changed?

Bitcoin price has been on the rise. Since yesterday, the exchange rate of Bitcoin has increased. Since last month, the exchange rate of Bitcoin has increased. Since this time last year, the price of Bitcoin has increased.

How do I calculate or convert BTC to COP?

You can use our BTC to COP calculator at the top of this page to convert any amount of BTC to COP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 COP is equivalent to 0.00000002 BTC. Inversely, 5 BTC will cost about 1,358,997,598.303526 COP.

How can I buy 1 Bitcoin on Coinbase?

Bitcoin is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Bitcoin.

What are assets similar to Bitcoin that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Bitcoin, including Ethereum, Tether, and BNB. For a more robust list of assets to explore, jump to the asset page dedicated to Bitcoin.

Conversion tables

The exchange rate of Bitcoin is decreasing.

The current value of 1 BTC is COP 271,799,519.66 COP. In other words, to buy 5 Bitcoin, it would cost you COP 1,358,997,598.30 COP. Inversely, COP 1.00 COP would allow you to trade for 0.0000000037 BTC while COP 50.00 COP would convert to 0.0000001840 BTC, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 6.79%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, which means that the the highest exchange rate of 1 BTC to Colombian Peso was 68495 COP and the lowest 24 hour value was 1 BTC for 65820.18 COP. This time last month, the value of 1 BTC was COP 260,096,835.58 COP, which is a 4.5% increase from where it is now. Looking back a year, Bitcoin has changed by -COP 151,276,895.66 COP.

BTC to COP

Amount
Today at 8:45 am
0.5 BTC
COP 135,899,759.83
1 BTC
COP 271,799,519.66
5 BTC
COP 1,358,997,598.30
10 BTC
COP 2,717,995,196.61
50 BTC
COP 13,589,975,983.04
100 BTC
COP 27,179,951,966.07
500 BTC
COP 135,899,759,830.35
1,000 BTC
COP 271,799,519,660.71

COP to BTC

Amount
Today at 8:45 am
0.5 COP
0.0000000018 BTC
1 COP
0.0000000037 BTC
5 COP
0.00000002 BTC
10 COP
0.00000004 BTC
50 COP
0.00000018 BTC
100 COP
0.00000037 BTC
500 COP
0.00000184 BTC
1,000 COP
0.00000368 BTC

Today vs. 24 hours ago

Amount
Today at 8:45 am
24 hours ago
24H Change
0.5 BTC
COP 135,899,759.83
COP 135,207,344.60
+0.51%
1 BTC
COP 271,799,519.66
COP 270,414,689.20
+0.51%
5 BTC
COP 1,358,997,598.30
COP 1,352,073,446.00
+0.51%
10 BTC
COP 2,717,995,196.61
COP 2,704,146,892.01
+0.51%
50 BTC
COP 13,589,975,983.04
COP 13,520,734,460.04
+0.51%
100 BTC
COP 27,179,951,966.07
COP 27,041,468,920.07
+0.51%
500 BTC
COP 135,899,759,830.35
COP 135,207,344,600.37
+0.51%
1,000 BTC
COP 271,799,519,660.71
COP 270,414,689,200.74
+0.51%

Today vs. 1 month ago

Amount
Today at 8:45 am
1 months ago
1M Change
0.5 BTC
COP 135,899,759.83
COP 130,048,417.79
+4.50%
1 BTC
COP 271,799,519.66
COP 260,096,835.58
+4.50%
5 BTC
COP 1,358,997,598.30
COP 1,300,484,177.90
+4.50%
10 BTC
COP 2,717,995,196.61
COP 2,600,968,355.79
+4.50%
50 BTC
COP 13,589,975,983.04
COP 13,004,841,778.97
+4.50%
100 BTC
COP 27,179,951,966.07
COP 26,009,683,557.93
+4.50%
500 BTC
COP 135,899,759,830.35
COP 130,048,417,789.66
+4.50%
1,000 BTC
COP 271,799,519,660.71
COP 260,096,835,579.32
+4.50%

Today vs. 1 year ago

Amount
Today at 8:45 am
1 year ago
1Y Change
0.5 BTC
COP 135,899,759.83
COP 60,261,312.00
+125.52%
1 BTC
COP 271,799,519.66
COP 120,522,624.00
+125.52%
5 BTC
COP 1,358,997,598.30
COP 602,613,120.02
+125.52%
10 BTC
COP 2,717,995,196.61
COP 1,205,226,240.05
+125.52%
50 BTC
COP 13,589,975,983.04
COP 6,026,131,200.23
+125.52%
100 BTC
COP 27,179,951,966.07
COP 12,052,262,400.45
+125.52%
500 BTC
COP 135,899,759,830.35
COP 60,261,312,002.27
+125.52%
1,000 BTC
COP 271,799,519,660.71
COP 120,522,624,004.54
+125.52%

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