I want to understand the distinction between
BTC and satoshi. Are they interchangeable or completely different? How do they relate to each other in the cryptocurrency world?
5 answers
KDramaLegend
Tue Dec 24 2024
Each satoshi equates to 0.00000001 BTC.
Leonardo
Tue Dec 24 2024
This fractional unit allows for more granular transactions and represents the smallest divisible amount of a bitcoin.
EthereumEliteGuard
Tue Dec 24 2024
A
Bitcoin consists of 100,000,000 satoshis (sats).
DigitalLord
Tue Dec 24 2024
In the realm of cryptocurrency, satoshis play a crucial role in facilitating microtransactions and enabling precise value transfers.
Valentino
Tue Dec 24 2024
The satoshi, abbreviated as “sat,” signifies the smallest denomination of Bitcoin.