Cryptocurrency Q&A
What is MBTC in crypto?
What is MBTC in crypto?
Riccardo
Wed Dec 18 2024
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5 answers
1015
MBTC in crypto refers to two possible concepts. Firstly, it could represent mStable's new mAsset, an ERC20 token pegged to Bitcoin, combining the security of Bitcoin with the innovation of the SRC20 ecosystem. Secondly, it might also stand for Millibitcoin, a subunit of Bitcoin where 1 Bitcoin equals 1000 mBTC. Additionally, MBTC could be misunderstood as a crypto exchange, but that's a different context.
5 answers
SsangyongSpirited
Thu Dec 19 2024
mBTC is an abbreviation for millibitcoin.
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ZenBalance
Thu Dec 19 2024
Given the high value of Bitcoin, mBTC offers a more affordable alternative.
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CryptoAce
Thu Dec 19 2024
It serves as a unit of measurement in the cryptocurrency world.
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Silvia
Thu Dec 19 2024
Specifically, mBTC represents one-thousandth of a Bitcoin.
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ZenBalanced
Thu Dec 19 2024
This fractional denomination allows for more flexibility in transactions.
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