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Bittensor to Pound Sterling Converter and calculator

Convert 1Bittensor (TAO) to Pound Sterling (GBP) equals £ 354.82 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bittensor(TAO) to Pound Sterling(GBP). This is the real-time data. The current conversion shows 1 TAO at a value of 1 TAO for 354.82 GBP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

GBP information

About the Pound Sterling (GBP)

What Is the Pound Sterling (GBP)?

The Pound Sterling, commonly known as the sterling or pound and abbreviated as GBP, is the national currency of the United Kingdom (including England, Scotland, Wales, and Northern Ireland), the Isle of Man, South Sandwich Islands, Gibraltar, South Georgia, and the British Antarctic Territory. It holds the distinction of being the oldest currency still in continuous use today. The symbol for the pound is £, and it is divided into 100 smaller units called pence.

GBP is the fourth most traded currency in the foreign exchange market, following the US dollar, the euro, and the Japanese yen. It is also part of the basket of currencies used by the International Monetary Fund (IMF) to calculate its special drawing rights. The Bank of England, the central bank of the UK, is responsible for issuing and regulating the pound. While banknotes are issued in England and Wales by the Bank of England, Scotland and Northern Ireland have their own banknotes, which are not governed by the Bank of England but are accepted throughout the UK.

What Is the History of GBP?

The term "pound sterling" originates from the Latin word "libra," denoting balance and weight. The pound coin was first introduced in 1489 during the reign of Henry VII. The Bank of England, established in 1694, began issuing pound notes shortly thereafter. These notes were initially handwritten. The pound operated in a complex system of shillings and pennies until 1971 when the decimal system was adopted. The UK allowed the pound to float freely in the currency market in 1971, letting market forces determine its value. Despite the introduction of the euro in 2002, the UK chose to retain the pound as its currency.

Notes and Coins of GBP

The pound sterling is available in various denominations. Banknotes are issued in £5, £10, £20, and £50 denominations, with some being printed on polymer for durability. Coins are minted in 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2 denominations.

What Is a Quid?

"Quid" is a slang term commonly used in the United Kingdom to refer to the British pound sterling (GBP), the currency of the United Kingdom. Its exact origin is unclear, but the most accepted theory is that it derives from the Latin phrase "quid pro quo," meaning "something for something," often used in financial and legal contexts. Another less substantiated theory links it to the Royal Mint in Quidhampton, Wiltshire. Over time, "quid" has become synonymous with "pound" in everyday British vernacular, used in the same informal manner as "bucks" is for dollars in the United States. Notably, the term remains singular regardless of the amount, so one would say "twenty quid" instead of "twenty quids."

Why Is GBP Worth More Than USD?

The British Pound (GBP) often holds a higher value than the US Dollar (USD) due to a combination of historical, economic, and market factors, rather than a direct reflection of the respective economies' strength. Historically, the GBP was the dominant currency in foreign exchange, with £1 fetching more than $5 before World War I. As of January 2024, the GBP continued to exhibit strength, maintaining a value of over 1.25 USD. This resilience is evident even after significant events like the 2007–2009 financial crisis, where the GBP peaked at just over 2.00 USD but later stabilized to 1.40–1.45. The impact of Brexit in 2016 further influenced this dynamic, causing a sharp fall in the GBP from the 1.40–1.45 range to 1.20–1.25, and reaching a 30-year low of about $1.05 in September 2022. This trend reflects the relative economic conditions of the UK and the US, with the UK facing challenges from Brexit and the US economy showing improvement. The total circulation of GBP is also much lower than that of USD, contributing to its higher nominal value.

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Bitget crypto-to-fiat exchange data shows that the most popular Bittensor currency pair is the TAO to GBP, with for Bittensor's currency code being TAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GBP.

TAO to GBP conversion rate trend

In the past 1D, Bittensor has changed -0.38% to GBP. Based on the trend and price charts, Bittensor(TAO) has changed -0.38% to GBP while Pound Sterling(GBP) has changed % to TAO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/05/23 22:00:22(UTC+0)

How to buy Bittensor

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What factors influence the conversion rate of Bittensor to Pound Sterling?

Bittensor to Pound Sterling is rising this week.
Bittensor's current market price is £ 354.82 per TAO, with a total market cap of £ 2,418,933,334.5 GBP based on a circulating supply of 6,817,387 TAO. The trading volume of Bittensor has changed by +48.93% (£ 24,950,296.65 GBP) in the last 24 hours. Last trading day, TAO's trading volume was £ 50,990,880.3.
Market cap
24h volume
Circulating supply
6.82M TAO

Conversion tables

The exchange rate of Bittensor is decreasing.
1 TAO is currently valued at £ 354.82 GBP , which means buying 5 TAO will cost £ 1,774.09 GBP . Similarly, £1 GBP can be traded for 0.002818 TAO, and £50 GBP can be converted to 0.1409 TAO, excluding any platform or gas fees.
The exchange rate of 1 TAO to Pound Sterling has changed by +17.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 385.79 GBP and a low of 342.09 GBP . One month ago, the value of 1 TAO was £ 394.54 GBP , which represents a -10.06% change from its current value. Over the last year, Bittensor has changed by
, resulting in a change of +901.02% in its value.


22:47 today
0.5 TAO
10 TAO
50 TAO
100 TAO
500 TAO
1000 TAO


Amount22:47 today
0.5GBP0.001409  TAO
1GBP0.002818  TAO
5GBP0.01409  TAO
10GBP0.02818  TAO
50GBP0.1409  TAO
100GBP0.2818  TAO
500GBP1.41  TAO
1000GBP2.82  TAO
Buy Bittensor for 1 GBP
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Today vs. 24 hours ago

Amount22:47 today24 hours ago24h change
0.5 TAO$225.28$226.13
1 TAO$450.56$452.26
5 TAO$2,252.81$2,261.32
10 TAO$4,505.63$4,522.64
50 TAO$22,528.14$22,613.2
100 TAO$45,056.29$45,226.4
500 TAO$225,281.43$226,132
1000 TAO$450,562.87$452,264

Today vs. 1 month ago

Amount22:47 today1 month ago1M change
0.5 TAO$225.28$250.5
1 TAO$450.56$501
5 TAO$2,252.81$2,505.01
10 TAO$4,505.63$5,010.02
50 TAO$22,528.14$25,050.12
100 TAO$45,056.29$50,100.24
500 TAO$225,281.43$250,501.17
1000 TAO$450,562.87$501,002.35
Buy Bittensor for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount22:47 today1 year ago1Y change
0.5 TAO$225.28$22.38
1 TAO$450.56$44.76
5 TAO$2,252.81$223.81
10 TAO$4,505.63$447.63
50 TAO$22,528.14$2,238.13
100 TAO$45,056.29$4,476.25
500 TAO$225,281.43$22,381.26
1000 TAO$450,562.87$44,762.51

Bittensor price prediction

What will the price of TAO be in 2025?

Based on TAO's historical price performance prediction model, the price of TAO is projected to reach $544.75 in 2025.

What will the price of TAO be in 2030?

In 2030, the TAO price is expected to rise by -11.00%. By the end of 2030, the TAO price is projected to reach $917.22, with a cumulative ROI of +103.57%.
Buy Bittensor for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Bittensor for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now
Buy Bittensor for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now


Buy Bittensor for 1 GBP

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Bittensor now
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