{"id":46030,"date":"2021-04-30T08:01:02","date_gmt":"2021-04-30T07:01:02","guid":{"rendered":"https:\/\/mktplace.org\/?p=46030"},"modified":"2021-04-30T08:06:10","modified_gmt":"2021-04-30T07:06:10","slug":"bitcoin-joins-oandas-currency-converter","status":"publish","type":"post","link":"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/","title":{"rendered":"Bitcoin joins OANDA&#8217;s Currency Converter"},"content":{"rendered":"<p>Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is important to see it in a currency converter. Created in 2009, the Bitcoin network was originally intended to offer a means of payment through a peer-to-peer version of electronic cash. The idea was to enable online payments to be sent directly from one party to another thus bypassing financial institutions altogether. Bitcoin \u00a0today is a <a href=\"https:\/\/mktplace.org\/bitcoin-safer-cash\/\">currency<\/a> trading platform in which digitally signed bitcoins are sold and purchased at a variable price of the currency. Generally 1 BTC is traded between $100 and $260.<\/p>\n<p>Now highly regarded as mainstream due to recent economic woes, even major forex players are getting in on the act.\u00a0Forex broker OANDA \u00a0announced yesterday that it has added bitcoin into its currency converter, via a blog posting by VP of Trading, Courtney Gibson.\u00a0Gibson states \u201c<em>We recently added Bitcoin to the OANDA Currency Converter. We admire it as an interesting experiment in financial innovation and, because we\u2019re financial innovators too, we share the excitement such disruptive technologies can bring to mature industries and markets.\u201d \u00a0<img decoding=\"async\" class=\"alignright size-medium wp-image-742\" src=\"https:\/\/mktplace.org\/wp-content\/uploads\/2021\/04\/BitcoinImage-199x220.png\" alt=\"BitcoinImage\" width=\"199\" height=\"220\" \/><\/em><\/p>\n<p>Oanda states that\u00a0Bitcoin appealed to their sense of great customer service. &#8216;Now, anyone who wants to calculate the conversion of currencies (or gold and silver) into Bitcoin can use OANDA\u2019s popular converter as their tool of choice&#8217; So thats the good news. The blog posting was quick to point out that &#8220;<em>Despite the increased awareness around the cyber currency, OANDA has no plans at this time to introduce Bitcoin as a tradeable currency to OANDA\u2019s fxTrade platform, or to accept Bitcoin as a method for funding fxTrade accounts. By adding Bitcoin to our Currency Converter, we are acknowledging \u2013 in a very real way \u2013 the wide-ranging interest Bitcoin has generated as a virtual payment system.&#8221;<\/em><\/p>\n<p>Thus far, with the exception of\u00a0of\u00a0<a title=\"IG Groups Launches Bitcoin Binary Option\" href=\"http:\/\/forexmagnates.com\/ig-groups-launches-bitcoin-binary-option\/\" target=\"_blank\" rel=\"noopener noreferrer\">IG\u2019s bitcoin binary product<\/a>\u00a0launched last week, major forex brokers have yet to offer major bitcoin offerings due perhaps to uncertainty or monitoring for\u00a0stability which will only come when trade volume (on the USD\/other fiat side) increases, and network infrastructure improvements can be addressed.<\/p>\n<div id=\"mouseposition-extension-element-full-container\" style=\"position: fixed; inset: 0px; pointer-events: none; z-index: 2147483647; font-weight: 400;\">\n<div id=\"mouseposition-extension-element-rect-display\" style=\"display: none; position: absolute; background: rgba(255, 255, 255, 0.7); outline: black solid 1px; font-size: 12px; z-index: 2147483647; justify-content: center; align-items: center; user-select: none; cursor: default; color: #000000; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; width: 0px; height: 0px;\">\n<pre style=\"flex: 1 1 0%; text-align: center; background-color: rgba(255, 255, 255, 0.7); color: #000000; min-width: 42px; min-height: 12px; transition: all 1s ease 0s;\"><\/pre>\n<\/div>\n<pre id=\"mouseposition-extension-element-coordinate-display\" style=\"position: absolute; display: none; background: #ffffff; font-size: 12px; line-height: 14px; border-radius: 3px; border-width: 1px; border-color: #222222 black #333333; border-style: solid; padding: 3px; z-index: 2147483647; color: #222222; user-select: none; cursor: default; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif;\"><\/pre>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is important to see it in a currency converter. Created in 2009, the Bitcoin network was originally intended to offer a means of payment through a peer-to-peer version of electronic cash. The [&hellip;]<\/p>\n","protected":false},"author":99,"featured_media":46033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"codedeyo_gutenberg_meta":"","footnotes":""},"categories":[9904],"tags":[44,28,16696],"class_list":["post-46030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-currency","tag-oanda"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin joins OANDA&#039;s Currency Converter - MKTPlace<\/title>\n<meta name=\"description\" content=\"Currency converter, Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin joins OANDA&#039;s Currency Converter - MKTPlace\" \/>\n<meta property=\"og:description\" content=\"Currency converter, Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/\" \/>\n<meta property=\"og:site_name\" content=\"MKTPlace\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-30T07:01:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-30T07:06:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mktplace.org\/wp-content\/uploads\/2021\/04\/bitcoin-3024279_1280-wwb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Market Place\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Market Place\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/\",\"url\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/\",\"name\":\"Bitcoin joins OANDA's Currency Converter - MKTPlace\",\"isPartOf\":{\"@id\":\"https:\/\/mktplace.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mktplace.org\/wp-content\/uploads\/2021\/04\/bitcoin-3024279_1280-wwb.jpg\",\"datePublished\":\"2021-04-30T07:01:02+00:00\",\"dateModified\":\"2021-04-30T07:06:10+00:00\",\"author\":{\"@id\":\"https:\/\/mktplace.org\/#\/schema\/person\/e5518d09b220137cdc82dbf4cb116617\"},\"description\":\"Currency converter, Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is\",\"breadcrumb\":{\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/#primaryimage\",\"url\":\"https:\/\/mktplace.org\/wp-content\/uploads\/2021\/04\/bitcoin-3024279_1280-wwb.jpg\",\"contentUrl\":\"https:\/\/mktplace.org\/wp-content\/uploads\/2021\/04\/bitcoin-3024279_1280-wwb.jpg\",\"width\":700,\"height\":394,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mktplace.org\/bitcoin-joins-oandas-currency-converter\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mktplace.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin joins OANDA&#8217;s Currency Converter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mktplace.org\/#website\",\"url\":\"https:\/\/mktplace.org\/\",\"name\":\"MKTPlace\",\"description\":\"all about trading, Fintech, Business, AI &amp; 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