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bitSmiley (SMILE)  has been listed in the Innovation, BTC Ecosystem and DeFi Zone, you can quickly sell or buy SMILE. Spot Trading Link: SMILE/USDT.

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bitSmiley (SMILE) converter and calculator

bitSmiley (SMILE) converter and calculator

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

About bitSmiley (SMILE)

What Is BitSmiley?

BitSmiley is a decentralized finance (DeFi) protocol on the Bitcoin blockchain, created to enhance Bitcoin’s utility in the financial ecosystem. Developed within the Fintegra framework, BitSmiley offers a stablecoin protocol, a lending service, and a derivatives platform, enabling users to leverage Bitcoin for more than just holding or transacting. By introducing overcollateralized stablecoins, peer-to-peer lending, and credit risk management, BitSmiley provides a toolkit for users to participate in the DeFi space while anchored in the security and decentralization of the Bitcoin network.

Designed to address the limitations of Bitcoin's volatility, BitSmiley’s components work together to make it a reliable medium for transactions, loans, and derivative trading. With the introduction of bitUSD, a stablecoin pegged to the US dollar, and bitLending, a decentralized loan matching service, BitSmiley opens new possibilities for secure financial interactions directly on the Bitcoin blockchain. This ecosystem aims to enable users to participate in decentralized financial activities securely, benefiting from the flexibility and stability that are fundamental to a robust DeFi environment.

How BitSmiley Works

BitSmiley operates through many core components, each addressing different needs within the DeFi ecosystem. These are designed to create a seamless experience for users seeking stable assets, peer-to-peer lending, and risk-managed derivatives:

  • Decentralized Stablecoin Protocol (bitUSD): At the heart of BitSmiley’s ecosystem is bitUSD, a stablecoin pegged to the US dollar and fully backed by overcollateralized Bitcoin. Unlike traditional Bitcoin, bitUSD offers stability, allowing users to make transactions without the volatility associated with cryptocurrencies. To generate bitUSD, users deposit Bitcoin into a “bitSmiley Treasury,” a smart contract that holds BTC as collateral. Once deposited, users receive bitUSD tokens, which can be freely used or exchanged. To retrieve the initial BTC, users must repay the equivalent amount in bitUSD plus a stability fee. This mechanism is reinforced by collateral liquidation, where any significant drop in the value of collateral triggers liquidation through a Dutch auction, maintaining the stability of bitUSD.

  • Peer-to-Peer Lending Protocol (bitLending): BitSmiley’s bitLending service allows users to participate in fully decentralized lending activities. Unlike centralized lending systems, bitLending is peer-to-peer and built directly on the Bitcoin blockchain. Users can lend or borrow bitRC-20 tokens, using high-value cryptocurrencies like Bitcoin as collateral. A unique multisig wallet is used for transactions, allowing safe and trustless exchanges. BitSmiley also offers “bitInsurance,” which lenders can purchase as protection against default. This insurance helps lenders secure their funds in the event of a major price fluctuation or borrower default.

  • Credit Default Swap (CDS) Protocol: BitSmiley has extended its platform with a derivatives product, creating a CDS protocol that allows multiple loans to be packaged as assets and traded as non-fungible tokens (NFTs). This enables users to manage risk associated with their loans by participating in a market-based approach to credit insurance. If default rates exceed estimated levels, CDS sellers compensate buyers for the difference between the collateral and loan values, providing a form of financial security and flexibility in managing crypto assets.

  • bitRC-20 Token Standard: BitSmiley utilizes the bitRC-20 token standard, a Bitcoin-compatible protocol designed for fungible tokens. This standard supports various token actions, including minting, transferring, and burning, while remaining compatible with existing BRC-20 tokens.

What Is SMILE Token Used For?

The SMILE token is BitSmiley’s native token, integral to the platform’s governance and functionality. As a utility token, SMILE is used in several key areas within the BitSmiley ecosystem:

  • Protocol Governance: SMILE token holders participate in governance, contributing to critical decisions around protocol changes, upgrades, and the introduction of new features. This decentralized voting process allows community members to influence the development and direction of the BitSmiley protocol.

  • Transaction Fees and Stability Fees: SMILE tokens are used to pay various transaction fees across BitSmiley’s services. Within the bitUSD system, for example, stability fees—required when users reclaim their BTC from the Treasury—are payable in SMILE.

  • Collateral and Auction Participation: SMILE tokens also facilitate participation in BitSmiley’s liquidation and surplus auctions. When collateral levels fall below required thresholds, these auctions enable the redistribution of assets back into the system, maintaining stability within the protocol. Users with SMILE tokens can bid in these auctions, obtaining liquidated assets or surplus funds at competitive prices.

Conclusion

In conclusion, BitSmiley offers a secure DeFi ecosystem on the Bitcoin blockchain, featuring stablecoins, peer-to-peer lending, and derivatives. Through its SMILE token, users can participate in governance and access a range of decentralized financial services, expanding Bitcoin’s role in stable and secure transactions.




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bitSmiley to USD conversion rate trend

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

Start by learning the basics of bitSmiley: What is bitSmiley and how does bitSmiley work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
17/11/2025 05:53 today
0.5 BTC
$47,692.26
1 BTC
$95,384.52
5 BTC
$476,922.58
10 BTC
$953,845.16
50 BTC
$4,769,225.8
100 BTC
$9,538,451.6
500 BTC
$47,692,258
1000 BTC
$95,384,516

USD to BTC

Amount17/11/2025 05:53 today
0.5USD0.{5}5242  BTC
1USD0.{4}1048  BTC
5USD0.{4}5242  BTC
10USD0.0001048  BTC
50USD0.0005242  BTC
100USD0.001048  BTC
500USD0.005242  BTC
1000USD0.01048  BTC

Ethereum conversion tables

ETH to USD

Amount
17/11/2025 05:53 today
0.5 ETH
$1,587.49
1 ETH
$3,174.99
5 ETH
$15,874.94
10 ETH
$31,749.88
50 ETH
$158,749.38
100 ETH
$317,498.75
500 ETH
$1,587,493.75
1000 ETH
$3,174,987.5

USD to ETH

Amount17/11/2025 05:53 today
0.5USD0.0001575  ETH
1USD0.0003150  ETH
5USD0.001575  ETH
10USD0.003150  ETH
50USD0.01575  ETH
100USD0.03150  ETH
500USD0.1575  ETH
1000USD0.3150  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.