Cryptocurrency Q&A
How many satoshi is 1 BTC?
How many satoshi is 1 BTC?
KimchiQueenCharmingKissWarmth
Tue Jun 04 2024
|
7 answers
1356
I'm just curious, could you please explain to me how many satoshi constitute a single Bitcoin? I've heard about satoshi being the smallest unit of Bitcoin, but I'm not entirely sure how the conversion works. Could you clarify this for me, perhaps with a simple breakdown? It would be greatly appreciated.
7 answers
ShintoSpirit
Thu Jun 06 2024
This fractional representation allows for more flexibility in transactions, enabling micro-payments and fractional ownership.
Was this helpful?
390
93
Sara
Thu Jun 06 2024
Cryptocurrency, with Bitcoin as its foremost representative, has garnered significant attention in recent years.
Was this helpful?
81
80
noah_doe_writer
Thu Jun 06 2024
The term Bitcoin is commonly represented as BTC, a shorthand widely used in the cryptocurrency community.
Was this helpful?
399
80
ChristopherWilson
Thu Jun 06 2024
Additionally, the smallest unit of Bitcoin is known as a satoshi, or sat for brevity.
Was this helpful?
286
33
Daniela
Wed Jun 05 2024
Notably, the relationship between these two denominations is straightforward: 1 bitcoin equates to 100 million satoshi.
Was this helpful?
43
58
Load 5 more related questions
