Microsoft supports tracking Bitcoin rates on Bing

Microsoft's new move allows Bing users in some countries to easily track the value of Bitcoin virtual currencies.

According to Microsoft's statement, Bing users can now compare the value of Bitcoin to 50 other currencies with a very simple search statement similar to Google: " 1 bitcoin to USD " or " Bitcoin to 100 euros ". Exchange rates are provided by Microsoft from partner Coinbase, an e-wallet service that supports Bitcoin transactions.

This feature is currently only available in the US, Australia, India and the UK, but Microsoft also announced it will expand its reach in other countries in the near future. This will be a big step for Bitcoin users to track this unstable virtual currency.

Launched in 2009, Bitcoin began to rain last year with a growing number of users and began to be touched by governments like the US and China.

The value of Bitcoin when converted into US dollars sometimes increases to 1,500% in the first quarter of 2013. However, sometimes the virtual currency depreciates by 60% within a few hours. Currently, Bitcoin costs 580 USD, after touching the 1,000 USD threshold in December last year.