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Genesis Universe (GUT) converter and calculator

Genesis Universe (GUT) converter and calculator

Convert 1Genesis Universe (GUT) to United States Dollar (USD) equals $0 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GUT to USD real-time exchange rates, making it easy to convert Genesis Universe (GUT) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 GUT is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GUT is currently valued at 0 USD, which means buying 5 GUT would cost 0 USD. Similarly, $1 USD can be converted to Infinity GUT, and $50 USD can be converted to Infinity GUT, excluding any platform or gas fees.

About Genesis Universe (GUT)

The Historical Significance and Key Features of Cryptocurrencies

Cryptocurrencies represent a revolutionary development in the history of monetary systems, combining technological innovation and financial decentralization. Over the course of just a decade since the release of the first cryptocurrency, Bitcoin (BTC), in 2009, the crypto industry has evolved remarkably, offering innovative solutions to traditional financial challenges and reshaping the approach towards money and financial transactions.

The Historical Significance of Cryptocurrencies

The inception of cryptocurrencies can be traced back to the 2008 global financial crisis. At that time, the fragility and the failures of the traditional banking systems had become apparent. This crisis provided the impetus to create a new, decentralized monetary system that would: exist outside the control of centralized financial institutions, provide anonymity, eliminate intermediation, offer security, and promote global access and financial inclusiveness.

Bitcoin, hence, was introduced as a peer-to-peer electronic cash system that could facilitate online transactions directly between parties without going through a financial institution. This was a significant development as it marked the beginning of a new era in the financial world -- the crypto era.

Cryptocurrencies offer a profound shift in the money paradigm by challenging the traditional, centralized model of monetary transactions through incorporation of blockchain">blockchain technology, a decentralized ledger system that records transactions across various computers to ensure security and transparency.

In the years that followed, thousands of cryptocurrencies have been developed, each with aim at offering diverse utilities and functionalities.

Key Features of Cryptocurrencies

Cryptocurrencies come with an array of distinct features that set them apart from traditional currencies. Some of these key features include:

Decentralization

Cryptocurrencies are not issued by a central authority, like a central bank of a country, hence, they are immune to government interference or manipulation. Transactions are processed and confirmed by a distributed network of computers (nodes), eliminating the need for a central authority.

Security

The primary architecture of cryptocurrency - blockchain technology - ensures high levels of security. The transactions once added to a blockchain cannot be changed or falsified. Moreover, cryptographic techniques are used to secure transaction data, thus making it nearly impossible to hack or counterfeit cryptocurrencies.

Anonymity and Privacy

Most cryptocurrencies offer a degree of anonymity to users. Although all transactions are recorded and publicly accessible on the blockchain, the identities of the parties involved in the transactions are hidden behind cryptographic hashes.

Global Accessibility

Cryptocurrencies can be accessed and transacted from anywhere around the world, granted there is internet connectivity. This opens up opportunities for populations who are unbanked or underbanked.

Limited Supply

Most cryptocurrencies, like Bitcoin, have a limited supply which is algorithmically controlled. This contrary to fiat currencies, which often suffer from inflation due to increased money supply, thus, adding a potential value preservation aspect to cryptocurrencies.

In conclusion, the advent of cryptocurrencies has had a profound impact on the global financial landscape. With their distinct features and potential, cryptocurrencies offer an alternative to traditional monetary systems. The ongoing developments in this industry signpost an exciting future for our digital economies.

Genesis Universe to USD conversion rate trend

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

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

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

Bitcoin conversion tables

BTC to USD

Amount
26/04/2025 10:07 today
0.5 BTC
$47,145.38
1 BTC
$94,290.75
5 BTC
$471,453.75
10 BTC
$942,907.5
50 BTC
$4,714,537.5
100 BTC
$9,429,075
500 BTC
$47,145,375
1000 BTC
$94,290,750

USD to BTC

Amount26/04/2025 10:07 today
0.5USD0.{5}5303  BTC
1USD0.{4}1061  BTC
5USD0.{4}5303  BTC
10USD0.0001061  BTC
50USD0.0005303  BTC
100USD0.001061  BTC
500USD0.005303  BTC
1000USD0.01061  BTC

Ethereum conversion tables

ETH to USD

Amount
26/04/2025 10:07 today
0.5 ETH
$901.39
1 ETH
$1,802.79
5 ETH
$9,013.94
10 ETH
$18,027.88
50 ETH
$90,139.41
100 ETH
$180,278.83
500 ETH
$901,394.15
1000 ETH
$1,802,788.3

USD to ETH

Amount26/04/2025 10:07 today
0.5USD0.0002773  ETH
1USD0.0005547  ETH
5USD0.002773  ETH
10USD0.005547  ETH
50USD0.02773  ETH
100USD0.05547  ETH
500USD0.2773  ETH
1000USD0.5547  ETH
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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.