DigitalDukedom
Wed Jun 26 2024
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7 answers
1599
Can I buy sats on Binance?
Good afternoon, fellow crypto enthusiasts. I've been exploring the world of digital currencies and have stumbled upon a question that's been puzzling me. Could you please assist me in clarifying if it's possible to purchase "sats" or satoshis, which are the smallest unit of Bitcoin, on the popular crypto exchange platform, Binance? I've heard of the platform's reputation for its extensive selection of cryptocurrencies, but I'm not entirely sure if it supports the purchase of such a minute fraction of Bitcoin. Your input would be greatly appreciated as I seek to diversify my crypto portfolio. Thank you in advance for your assistance.
MysticEchoFirefly
Wed Jun 26 2024
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6 answers
1149
Are sats and 1000 sats the same?
I don't understand this question. Could you please assist me in answering it?
Martina
Fri Jun 21 2024
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6 answers
1409
How much is 1000 sats worth today?
Could you please elaborate on the current value of 1000 satoshis, commonly referred to as "sats" in the cryptocurrency community? With the volatile nature of the digital currency market, the exact worth of 1000 sats can fluctuate significantly over short periods of time. Could you provide an updated estimate based on current exchange rates and market conditions? This information would be invaluable for those looking to make informed decisions in the crypto space.
Maria
Sun Jun 16 2024
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7 answers
1606
Does introducing SATs & brc-20 strays away from bitcoin's original purpose?
Does the integration of SATs and brc-20 tokens deviate from the core intent of Bitcoin? Are we straying from the original purpose of Bitcoin by incorporating these new elements? Is the essence of Bitcoin's decentralization and finite supply being diluted by these introductions? Or are SATs and brc-20 tokens complementary additions that enhance Bitcoin's functionality and usage without compromising its original vision? How do these developments align or diverge from the principles that Bitcoin was founded upon?
EtherWhale
Fri Jun 07 2024
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6 answers
1354
How much does it cost to send $100 Bitcoin?｜Bitcoin transaction costs only depend on how big in bytes your transaction is. As such, the dollar value you're sending is irrelevant with Bitcoin. A simple transaction usually costs around 200-2,000 sats or which could be for $100 or $100 million dollars.$0.06-$0.60 USD
Could you please elaborate on the cost of sending $100 worth of Bitcoin? I understand that Bitcoin transaction fees are determined by the size of the transaction in bytes, rather than the dollar amount being sent. However, I'm still curious about the approximate range of these fees for a transaction of this size. Could you give me a general estimate in terms of satoshis or US dollars? Is it typically within the range of 200-2,000 satoshis, equivalent to approximately $0.06-$0.60 USD?
