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GeniuX (IUX) converter and calculator

GeniuX (IUX) converter and calculator

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

About GeniuX (IUX)

Understanding the Historical Significance and Key Features of Cryptocurrencies

Since the advent of money, the way we conduct transactions has continuously evolved. Paper money replaced commodity money and digital transactions superseded cash exchanges. However, the introduction of cryptocurrencies in the 21st century marked a revolutionary shift in the paradigm of financial transactions. In this regard, Bitcoin, often referred to as the "virtual gold," played a crucial role in introducing the era of digital currencies. However, one must note that this disruptive invention didn't occur in a vacuum – its roots are deep-seated in the progression of decades of cryptographic research.

Historical Significance of Cryptocurrencies

The proposition of digital cash was first put forward during the late 1980s by various cryptographers, but reliable digitial currencies without central control did not come into existence until 2009, with the birth of Bitcoin, which was the world's first cryptocurrency. Created by an unknown person or group of people using the name Satoshi Nakamoto, Bitcoin offered a decentralised peer-to-peer network. The invention of Bitcoin created a new paradigm for the monetary system by introducing blockchain, a type of distributed ledger. It eliminated the requirement for intermediaries like banks or financial institutions and made transactions transparent, secure, and easier.

Following Bitcoin’s creation, many alternative coins (or altcoins), representing different variations of this original digital currency, came into existence. Today, cryptocurrencies are not just considered as alternatives to traditional fiat currencies but are also viewed as a new asset class that's attracting investors globally.

Key Features of Cryptocurrencies

Cryptocurrencies possess several distinctive features that make them inherently different from traditional fiat currencies:

1. Decentralisation: Cryptocurrencies operate in a decentralised manner, i.e., there is no central authority such as a government or financial institution governing their use or exchange.

2. Peudo-anonymity: Transactions made through cryptocurrencies are semi-anonymous. While transaction details are recorded on the blockchain, the identities of the parties involved remain obscure.

3. Finite Numeric Representation: Just like minerals in the earth, the total supply of many cryptocurrencies is finite. For example, there will only ever be 21 million Bitcoins in existence.

4. High-security Level: Cryptocurrencies leverage advanced cryptographic techniques for securing transactions and controlling the creation of new units.

5. Rapid and Flexible Transactions: Digital currencies enable rapid cross-border transfers without any exchange rates and can be instantly sent to anyone, anywhere in the world, at any given time.

Conclusion

As a disruptive technology, cryptocurrencies have challenged conventional norms of transactions and provided a new lens to view inherent issues, such as double-spending, within the traditional monetary system. However, cryptocurrencies are in their nascent stage with various challenges to overcome, especially in the fields of regulation, security, and mass adoption. Nevertheless, the historical, technical, and economic significance of cryptocurrencies must not be underestimated or overlooked. They represent a step forward towards the democratisation of finance, empowering more equitable participation by unbanked individuals worldwide. Today, as millions of users globally embrace cryptocurrencies, we stand at the cusp of a new era of financial revolution.

GeniuX to USD conversion rate trend

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

Start by learning the basics of GeniuX: What is GeniuX and how does GeniuX 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 10:19 today
0.5 BTC
$47,190.64
1 BTC
$94,381.29
5 BTC
$471,906.45
10 BTC
$943,812.9
50 BTC
$4,719,064.5
100 BTC
$9,438,129
500 BTC
$47,190,645
1000 BTC
$94,381,290

USD to BTC

Amount26/04/2025 10:19 today
0.5USD0.{5}5298  BTC
1USD0.{4}1060  BTC
5USD0.{4}5298  BTC
10USD0.0001060  BTC
50USD0.0005298  BTC
100USD0.001060  BTC
500USD0.005298  BTC
1000USD0.01060  BTC

Ethereum conversion tables

ETH to USD

Amount
26/04/2025 10:19 today
0.5 ETH
$906.52
1 ETH
$1,813.04
5 ETH
$9,065.21
10 ETH
$18,130.42
50 ETH
$90,652.07
100 ETH
$181,304.15
500 ETH
$906,520.75
1000 ETH
$1,813,041.5

USD to ETH

Amount26/04/2025 10:19 today
0.5USD0.0002758  ETH
1USD0.0005516  ETH
5USD0.002758  ETH
10USD0.005516  ETH
50USD0.02758  ETH
100USD0.05516  ETH
500USD0.2758  ETH
1000USD0.5516  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.