Get up to $200 for getting started
Coinbase Logo

T/INR: Convert Threshold (T) to Indian Rupee (INR)

1 Threshold equals ₹1.97 Indian Rupee

Last update: 2:45 PM, July 24, 2024

Refresh

Overview

About Threshold (T)

T is the ERC-20 utility token of the Threshold Network, which offers a variety of threshold cryptography services, including tBTC, a decentralized Bitcoin bridge. T tokens are staked by node operators, and also function as a governance token.

Threshold is a decentralized network that provides a suite of cryptographic primitives for various decentralized applications (dApps). The network was born from the merger of the Keep Network and NuCypher, and it utilizes the T token as both a utility and governance token. The T token is primarily used to stake a node, with node operators receiving fees from applications that rely on Threshold's cryptographic primitives. The network also offers a range of cryptographic building blocks for privacy, access controls, and cross-chain bridges. One of the key applications of Threshold is tBTC, a tokenized Bitcoin that is completely permissionless, allowing anyone to tokenize their Bitcoin and use it in DeFi applications without sacrificing privacy or risking censorship.

Threshold operates by distributing cryptographic operations across a network of independent nodes, enhancing security and availability while reducing reliance on trusted parties. The T token allows holders to power the platform by staking and running a decentralized node. The network's flagship services include tBTC, a Bitcoin asset bridge, and TACo, an access control plugin. These functionalities are decentralized and trust-minimized, ensuring robust security and integrity. The network also provides a suite of cryptographic tools to power the privacy-focused and self-sovereign decentralized future.

Threshold provides a range of cryptographic building blocks that have various potential use cases. These include Proxy re-encryption (PRE), Threshold signatures (TSS), Distributed key generation (DKG), and Random beacon (RB). These tools can be used for privacy, access controls, and cross-chain bridges. The network's flagship application, tBTC, allows anyone to tokenize their Bitcoin and use it in DeFi applications without sacrificing privacy or risking censorship. This makes Threshold a valuable tool for anyone looking to leverage the power of decentralized finance without compromising on security or privacy.

Threshold was created through the merger of the Keep Network and NuCypher, with the idea for the merger first proposed by the community in February 2021. The final proposal, which defined the terms of the merger, was approved in June 2021 by both communities. The merger was finalized on January 1, 2022, with the launch of the T token. The network's initial supply of 10 billion T tokens was allocated to NU holders, KEEP holders, and the Threshold DAO. The network has since continued to evolve, with the aim of providing a full suite of decentralized threshold cryptography services.

How Threshold (T) and Indian Rupee (INR) differ

Threshold and the Indian Rupee (INR) are two distinct forms of value representation, each with its unique characteristics and uses. Threshold, a decentralized network born from the merger of the Keep Network and NuCypher, aims to provide cryptographic primitives for various decentralized applications (dApps). Its utility and governance token, T, is used to stake a node, with node operators receiving fees from applications that rely on Threshold's cryptographic services. The network also offers cryptographic building blocks for privacy, access controls, and cross-chain bridges, with tBTC being a key application that allows for the tokenization of Bitcoin for use in DeFi applications. On the other hand, the Indian Rupee is a traditional, centralized form of currency regulated by the Reserve Bank of India. It is used for all forms of financial transactions within India and can be physically held and spent. Unlike Threshold, which operates on a decentralized network, the Indian Rupee operates within a centralized banking system. The value of the Rupee is influenced by economic factors such as inflation, interest rates, and public debt, while the value of Threshold's T token is determined by market demand within the crypto ecosystem.

Threshold Markets

Threshold is falling this week.

The current price of Threshold is ₹1.97 per T. With a circulating supply of 9,746,068,928.672 T, it means that Threshold has a total market cap of ₹19,242,276,935.96. The amount of Threshold traded has fallen by ₹280,996,418.12 in the last 24 hours, which is a 49.90% decrease. Additionally, in the last day, ₹563,152,812.19 worth of T has been traded.

Market cap

$19.2B

Volume (24h)

$563.2M

Circulating supply

9.7B T

FAQ

How much is 1 Threshold in INR?

Right now, 1 Threshold is worth about ₹1.97.

How much T could I buy for 1 INR?

Based on the current rate, you could get 0.51 T for 1 INR.

How much has the price of Threshold changed?

Threshold price has been declining. Since yesterday, the exchange rate of Threshold has decreased. Since last month, the exchange rate of Threshold has increased. Since this time last year, the price of Threshold has increased.

How do I calculate or convert T to INR?

You can use our T to INR calculator at the top of this page to convert any amount of T to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 2.53 T. Inversely, 5 T will cost about 9.87 INR.

How can I buy 1 Threshold on Coinbase?

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

What are assets similar to Threshold that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Threshold, including Kadena, Band Protocol, and iExec RLC. For a more robust list of assets to explore, jump to the asset page dedicated to Threshold.

Conversion tables

The exchange rate of Threshold is increasing.

The current value of 1 T is ₹1.97 INR. In other words, to buy 5 Threshold, it would cost you ₹9.87 INR. Inversely, ₹1.00 INR would allow you to trade for 0.51 T while ₹50.00 INR would convert to 25.32 T, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.8%. Meanwhile, in the last 24 hours, the rate has changed by 1.5%, which means that the the highest exchange rate of 1 T to Indian Rupee was 0.02403 INR and the lowest 24 hour value was 1 T for 0.0228 INR. This time last month, the value of 1 T was ₹1.85 INR, which is a 6.65% increase from where it is now. Looking back a year, Threshold has changed by -₹0.02 INR.

T to INR

Amount
Today at 2:45 pm
0.5 T
₹0.99
1 T
₹1.97
5 T
₹9.87
10 T
₹19.75
50 T
₹98.73
100 T
₹197.47
500 T
₹987.33
1,000 T
₹1,974.66

INR to T

Amount
Today at 2:45 pm
0.5 INR
0.25 T
1 INR
0.51 T
5 INR
2.53 T
10 INR
5.06 T
50 INR
25.32 T
100 INR
50.64 T
500 INR
253.21 T
1,000 INR
506.42 T

Today vs. 24 hours ago

Amount
Today at 2:45 pm
24 hours ago
24H Change
0.5 T
₹0.99
₹1.00
-1.50%
1 T
₹1.97
₹2.00
-1.50%
5 T
₹9.87
₹10.02
-1.50%
10 T
₹19.75
₹20.05
-1.50%
50 T
₹98.73
₹100.24
-1.50%
100 T
₹197.47
₹200.48
-1.50%
500 T
₹987.33
₹1,002.40
-1.50%
1,000 T
₹1,974.66
₹2,004.80
-1.50%

Today vs. 1 month ago

Amount
Today at 2:45 pm
1 months ago
1M Change
0.5 T
₹0.99
₹0.93
+6.65%
1 T
₹1.97
₹1.85
+6.65%
5 T
₹9.87
₹9.26
+6.65%
10 T
₹19.75
₹18.52
+6.65%
50 T
₹98.73
₹92.58
+6.65%
100 T
₹197.47
₹185.16
+6.65%
500 T
₹987.33
₹925.81
+6.65%
1,000 T
₹1,974.66
₹1,851.61
+6.65%

Today vs. 1 year ago

Amount
Today at 2:45 pm
1 year ago
1Y Change
0.5 T
₹0.99
₹0.98
+1.11%
1 T
₹1.97
₹1.95
+1.11%
5 T
₹9.87
₹9.76
+1.11%
10 T
₹19.75
₹19.53
+1.11%
50 T
₹98.73
₹97.64
+1.11%
100 T
₹197.47
₹195.29
+1.11%
500 T
₹987.33
₹976.45
+1.11%
1,000 T
₹1,974.66
₹1,952.90
+1.11%

Explore More

Discover conversions

A selection of conversions from different assets to top cryptocurrencies.

Popular Threshold conversions

A selection of other popular currency conversions of Threshold to various fiat currencies.

1-10 of 166 conversions

Popular cryptocurrencies

Here is a selection of cryptocurrencies in the top 12 by market cap.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles on profile.coinbase.com. Check out some of the most popular ENS profiles below.

Discover more assets

A selection of other relevant cryptocurrencies