Find below the answers to the most common questions about RBTC. When available, we give you links to in-depth articles for further reading.
Smart Bitcoin (RBTC) is the native token of the Rootstock Mainnet and is pegged 1:1 to BTC. It is used as gas to pay for smart contract execution on the network, such as the transaction fee for trading Rootstock ecosystem tokens, the same way as ETH is used as gas for Ethereum.
Right now, 1 RBTC is worth NZ$ .
Right now, 1 New Zealand dollar is equal to RBTC.
Rootstock is an Ethereum-compatible blockchain that was created as a solution to enjoy both the smart contract capabilities of Ethereum and the decentralized security offered by the Bitcoin blockchain. It was first launched in 2018 as RSK and it was rebranded in 2023 as Rootstock.
RBTC tokens are created by users depositing actual bitcoins in a non-custodial bridge. Each RBTC therefore corresponds to a BTC and follows the same price.
You never store RBTC in itself. Instead, you store the private key giving you access and control over a RBTC address. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.
To send RBTC, you use a Rootstock wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!
You can buy RBTC with us here from New Zealand by sending us bank transfers in NZD, avoiding that way unnecessary currency exchange fees. For more information, have a look at our step-by-step tutorial on how to buy RBTC.
You can swap RBTC here against one of the cryptocurrencies that we support, using any self-custodial RBTC wallet. For more information, have a look at our step-by-step tutorial on how to swap RBTC.
To cash out RBTC with us, you simply need to transfer your crypto to our address. We'll convert your RBTC in NZD, then transfer the funds to your bank account in New Zealand. For more information, have a look at our step-by-step tutorial on how to sell RBTC.
RBTC | New Zealand dollar | |
---|---|---|
1 RBTC | = | |
0,5 RBTC | = | |
0,1 RBTC | = | |
0,05 RBTC | = | |
0,01 RBTC | = | |
0,005 RBTC | = | |
0,001 RBTC | = | |
0,0005 RBTC | = | |
0,0001 RBTC | = | |
0,00005 RBTC | = | |
0,00001 RBTC | = |
New Zealand dollar | RBTC | |
---|---|---|
NZ$ 1 NZD | = | |
NZ$ 5 NZD | = | |
NZ$ 10 NZD | = | |
NZ$ 15 NZD | = | |
NZ$ 25 NZD | = | |
NZ$ 50 NZD | = | |
NZ$ 100 NZD | = | |
NZ$ 1 000 NZD | = | |
NZ$ 10 000 NZD | = | |
NZ$ 100 000 NZD | = | |
NZ$ 1 000 000 NZD | = |
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