How can the Unix timestamp be properly converted and displayed as a readable date format in PHP?

To convert a Unix timestamp to a readable date format in PHP, you can use the `date()` function along with the timestamp value. The `date()` function formats a timestamp into a human-readable date. You can specify the desired date format by providing a format string as the second parameter to the `date()` function.

$timestamp = 1609459200; // Example Unix timestamp
$date = date('Y-m-d H:i:s', $timestamp);
echo $date; // Output: 2021-01-01 00:00:00