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Buy & Swap Bitcoin (BTC)

$102,845.23+2.41% (24h)BTC network

Bitcoin (BTC) can be swapped instantly on SwapRocket — no account, no KYC and zero added fees. Compare live BTC rates from every connected provider and receive funds in your own wallet in minutes.

Swap BTC instantly — no KYC

BTC / USD — 24H chart

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Live market data · extended history unavailable for this asset

24h2.41%
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Bitcoin statistics

Market cap$2.03T
Fully diluted market cap—
24h volume$48.2B
Circulating supply19.70M BTC
Max supply∞
Total supply—
All-time high$109,000.00
Market dominance—
Rank—
Best aggregated rate
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Non-custodial
Funds go straight to your wallet.
No sign-up
Swap or buy in a few clicks.

About Bitcoin (BTC)

Layer-1 blockchain

Bitcoin (BTC) is the world's first and largest cryptocurrency — a decentralized digital money that lets anyone send value over the internet without a bank or middleman. Launched in 2009 by the pseudonymous Satoshi Nakamoto, it runs on a global, permissionless blockchain secured by proof-of-work mining.

How does Bitcoin work?

Transactions are grouped into blocks and confirmed by miners who compete to solve cryptographic puzzles, making the ledger extremely costly to tamper with. Bitcoin's supply is capped at 21 million coins, and roughly every four years a 'halving' cuts the rate of new issuance — a key driver behind its scarcity narrative.

What is Bitcoin used for?

BTC is held as a long-term store of value (often called 'digital gold'), used for global peer-to-peer payments, and treated as the benchmark asset of the entire crypto market. It trades 24/7 and is the most liquid cryptocurrency in existence.

How to buy or swap BTC on SwapRocket

  1. Pick BTC as the asset you want to receive.
  2. Choose which crypto you're paying with.
  3. SwapRocket compares every connected exchange and surfaces the best rate.
  4. Paste your wallet address and confirm — funds arrive in minutes.

Bitcoin (BTC) swap profile

This profile explains how Bitcoin swaps work on SwapRocket: the network BTC settles on, what an exchange costs, how long it usually takes, and which pairs are published. Rates are aggregated live from every connected provider and shown in full before you commit to anything.

BTC key facts

Ticker
BTC
Settlement network
BTC
Category
Layer-1 blockchain
Custody
Non-custodial — coins move from the provider straight to your wallet
Cost to you
Zero added fees; you see the provider rate
Verification
No KYC for crypto-to-crypto swaps
Typical completion
Most swaps finish in under 10 minutes
Rate options
Best rate, fastest route or fixed rate
Published pairs
8 published BTC pairs

How a BTC swap works

Enter the amount you want to exchange, pick the asset on the other side, and SwapRocket queries every connected exchange partner at once. You choose an offer, paste the wallet address that should receive the funds, and send BTC to the deposit address shown. The partner executes the trade and pays out to your address — SwapRocket never holds your coins, and there is no account to create before you start.

Choosing a rate for BTC

Three offers are presented for every BTC exchange. The best rate returns the largest amount for the size you entered. The fastest route favours the partner with the shortest expected settlement time, which matters when the market is moving. The fixed rate locks the quoted amount for the duration of the order, so what you are shown is what arrives, at the cost of a slightly smaller payout. Floating offers can move with the market between deposit and settlement.

Networks and addresses for BTC

Bitcoin settles on BTC. Always send from and to an address on that network: a deposit sent over a different chain cannot be recovered by the exchange partner. When an asset exists on several chains, pick the matching network in the widget before copying the deposit address, and send a small test amount first if you are unsure.

Popular BTC pairs

Each pair below has its own page with a live quote, the current rate and the limits that apply to that route.

What is BTC? · Sourced guide · Updated · 9 sources cited

Bitcoin's design choices looked slow and wasteful in 2009. Why did almost every one of them turn out to be load-bearing?

When Bitcoin appeared, the obvious criticisms wrote themselves: it processed a handful of transactions a second, it made every participant store the same ledger, and it spent electricity on purpose. Seventeen years later, the interesting exercise is reading those choices the other way round — as a list of things its designer was not willing to trade away. Each 'inefficiency' buys a specific, documented property, and the whole system is easier to understand as a set of deliberate purchases than as a first draft waiting to be optimised.

Nine pages and a working release

Bitcoin was announced on 31 October 2008 as a paper posted to a cryptography mailing list: nine pages, no company, no fundraising round, and a title that describes exactly what it does — a peer-to-peer electronic cash system. The paper's actual contribution was narrow and precise: a way for strangers who do not trust each other to agree on the order of transactions without a central server, using proof-of-work as a timestamping mechanism.

Two months later the same author released working software and mined the first block. Embedded in that block's coinbase data is a newspaper headline from that day — 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks' — which serves two functions at once: it proves the block could not have been mined before that date, and it records, permanently, the financial context the system was built in response to. The code was open source from the first day, and it has been ever since.[1], [2], [3], [4]

The clockwork: a thermostat for a global network

The least celebrated piece of the design is arguably the most important. Bitcoin targets one block roughly every ten minutes, but it has no clock and no administrator to enforce that. Instead, every 2,016 blocks — about two weeks — every node independently recalculates how hard the proof-of-work puzzle must be, based on how quickly the last period's blocks actually arrived. If mining power doubles, the puzzle gets harder. If miners leave, it gets easier.

This single mechanism is why Bitcoin's supply schedule has survived enormous changes in the size and geography of its mining industry. The issuance rules — a subsidy that halves every 210,000 blocks, on a published schedule running into the next century — do not depend on any issuer keeping a promise. They depend on a feedback loop that has corrected itself, on schedule, through every expansion and contraction of the network since 2009.[5], [6]

The choice to be slow

The ten-minute block interval and small block size are usually described as limitations. In design terms they are a purchase: keeping the requirements to validate the chain low is what allows an ordinary person to run a full node on consumer hardware and check the entire ledger themselves, rather than trusting a data centre to do it for them. The system's resistance to capture comes from how cheap it is to verify, not from how fast it is to use.

Higher throughput was always available — copy the code, shorten the interval — and many projects did exactly that. What Bitcoin kept instead was the property that its base layer stays verifiable by the people who rely on it, with faster payments moving to layers built on top rather than bought by raising the cost of running the base layer itself.[7], [9]

Rules that change in public, or not at all

Bitcoin's development process is as much a design choice as its code. Changes are proposed as Bitcoin Improvement Proposals — numbered, written documents in a public repository, each with a stated rationale — and they take effect only when the people running nodes choose software that enforces them. There is no foundation that can push an update and no company that can be leaned on to ship one.

That makes upgrades slow and occasionally contentious, but it also means the rules a holder accepts today are the rules they can go on enforcing tomorrow. For an asset whose entire premise is predictable rules, the governance process is deliberately built so that changing those rules requires broad, visible agreement.[8], [4]

The open engineering questions

The documented long-term questions are ones of economics and engineering rather than trust. As the block subsidy continues to halve on its fixed schedule, transaction fees take on a growing share of miner revenue, and how that fee market matures is an active area of research and discussion — a trade-off the design states openly in its own materials, not a hidden flaw.

The other standing work is layered scaling: payment channels and related constructions, standardised in the public BOLT specifications, aim to carry high-volume, low-value payments while the base layer continues to do what it is optimised for. Both questions have been on the table for years and both have active, public work behind them.[6], [9]

What this means when you swap BTC

A Bitcoin transaction is final in a way card payments are not: once it is buried under a few blocks, reversing it is not a matter of policy but of out-computing the network. That is why exchanges and swap services quote confirmation counts — typically one to three blocks — before crediting a deposit, and why ten-minute blocks mean a swap can take tens of minutes when the network is busy.

Fees are set by the sender and priced by demand for block space, so the cost of moving BTC varies with congestion rather than with the amount sent. On a swap platform the practical points are simple: send from a wallet you control, use the exact deposit address quoted, and expect the confirmation wait to be part of the total time, not a malfunction.

Sources and evidence (9)
  1. [1] Bitcoin was announced on 31 October 2008 via a post to the metzdowd.com cryptography mailing list introducing the white paper. Satoshi Nakamoto Institute — Satoshi's first cryptography-list email · 2008-10-31 · verified 2026-09-22 Confirmed
  2. [2] The Bitcoin white paper defines a peer-to-peer electronic cash system using a proof-of-work chain to timestamp transactions without a trusted third party. Bitcoin: A Peer-to-Peer Electronic Cash System (bitcoin.org) · 2008-10-31 · verified 2026-09-22 Confirmed
  3. [3] Bitcoin's first block, mined 3 January 2009, embeds the Times headline 'Chancellor on brink of second bailout for banks' in its coinbase data. Blockstream block explorer — block 0 · 2009-01-03 · verified 2026-09-22 Confirmed
  4. [4] Bitcoin's reference implementation has been developed in the open as a public source repository since the project's early days. GitHub — bitcoin/bitcoin · verified 2026-09-22 Confirmed
  5. [5] Bitcoin retargets mining difficulty every 2,016 blocks so that the average block interval stays near ten minutes regardless of changes in total mining power. Bitcoin Wiki — Difficulty · verified 2026-09-22 Confirmed
  6. [6] Bitcoin's issuance follows a published schedule in which the block subsidy halves every 210,000 blocks, converging on a fixed maximum supply. Bitcoin Wiki — Controlled supply · verified 2026-09-22 Confirmed
  7. [7] Running a full node allows any user to independently verify the entire transaction history and enforce the consensus rules on consumer hardware. Bitcoin.org — Running a full node · verified 2026-09-22 Confirmed
  8. [8] Changes to Bitcoin are proposed and documented publicly as numbered Bitcoin Improvement Proposals before being adopted by node operators. GitHub — bitcoin/bips · verified 2026-09-22 Confirmed
  9. [9] Payment-channel networks on top of Bitcoin are standardised in the public Basis of Lightning Technology (BOLT) specifications. GitHub — lightning/bolts · verified 2026-09-22 Confirmed

Profile last reviewed 2026-09-22. Historical background only — not investment advice.

Fees and pricing

Zero added fees: SwapRocket does not add a platform fee, a minimum or a withdrawal charge — the rate you see is the rate you get. Blockchain network fees are shown in full before you confirm, and the final amount you receive is quoted up front.

SwapRocket does not add a separate fee or markup to the provider quote. SwapRocket may earn a commission from the liquidity provider when a completed swap is referred through our platform. Provider spreads and applicable network costs are reflected in the quoted amount.

Network fees are set by the blockchain, not by SwapRocket. No account, no subscription and no withdrawal charge. Live support is available 24/7.

BTC swap FAQ

How do I swap Bitcoin (BTC) instantly on SwapRocket?

Pick BTC as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. SwapRocket hands your order to the provider whose quote pays out the most at that moment, and most swaps complete in under 10 minutes — no SwapRocket account needed.

Can I swap BTC with no KYC?

No SwapRocket account or identity documents are needed to start a crypto-to-crypto swap of BTC. The provider that executes the swap may still request identity verification or hold a swap for review under its own AML and sanctions policy, regardless of amount. Selling to a bank account goes through a regulated payment partner that verifies the payer; card purchases on SwapRocket are coming soon.

Is swapping Bitcoin on SwapRocket non-custodial?

Yes. SwapRocket never holds your funds. The provider that executes the swap receives your deposit, holds it only for the duration of the swap, and sends BTC to the wallet address you provide.

Which network does BTC use here?

SwapRocket supports Bitcoin on the BTC network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap BTC?

SwapRocket adds no fee or markup to the provider's quote and may earn a commission from the provider on a completed swap. The provider's spread and any network cost it deducts on delivery are already reflected in the BTC amount shown; the network fee your own wallet charges to send the deposit is separate. Spreads vary by provider, pair and size, so compare the quoted receive amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.

Popular BTC swaps

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