Tags | |
The Bitcoin to Bullion calculator computes amount of precious metals that can be bought with an amount of Bitcoin taking into account the current values of the metals and Bitcoin (฿) and an exchange fee .
INSTRUCTIONS: Choose units and enter the following:
- (฿) Bitcoin Amount
- (xf) Exchange Fee (%cost of transaction)
Bitcoin to Bullion (BtB): The calculator returns the equivalent value of gold, platinum, palladium and silver in troy ounces. However, these can be automatically converted to compatible units via the pull-down menu.
The Math / Science
The current market value of a Bitcoin (BTC) is $84875.48 USD. The Bitcoin value is updated hourly.
The bullion spot prices are in the table to the right.
Bullion SPOT PRICES | |||
Metal | ($/gram) | ($/troy_oz) | |
Gold | $104.04 | $3236.01 | |
Platinum | $30.35 | $943.99 | |
Palladium | $29 | $902.0 | |
Silver | $1.036 | $32.22 | |
Updated every Five Minutes |
The amount of precious metals is simply:
Wt Precious Metal = (BTC Value) / (USD/troy ounce)