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Author: Admin | 2025-04-28
(one-thousandth of a Bitcoin) or 100,000 satoshis (100,000 sats). 1 BTC = 1,000,000 microBitcoin (μBTC): It is pronounced as “you-bit” and is equal to 0.000001 BTC (one-millionth of a Bitcoin) or 100 satoshis (100 sats). 1 BTC = 100 million sats: It represents 100 millionths of 1 BTC. 1 sat is equal to 0.000000001BTC 1 BTC = 100 billion millisatoshis: This is Bitcoin’s smallest unit. The millisatoshi unit is only used on the Lightning Network. 1 msat amounts to 0.00000000001 (100 billionth of a Bitcoin) or 0.001 satoshis (one-thousandth of a sat).How to use satoshis?Investors can buy satoshis on any platform that sells BTC. The only difference between using BTC and satoshis is the calculation. In order to use satoshis, the first step is to buy a fraction of a Bitcoin. This is similar to how investors purchase any other type of cryptocurrency — by buying a portion of it with fiat currency. Now, when an investor has bought a fraction of BTC, they can refer to this purchase using either term, BTC or satoshis. The only difference will lie in the calculation of the sum bought.Nevertheless, the term satoshi is just another way of referring to Bitcoin. There isn’t a huge difference between them other than which term people involved in transactions prefer. Merchants could provide prices in Bitcoin or satoshis, and customers could also refer to the transactions with either term. Just as people use cents to measure payments worth less than a dollar, satoshis are used for payments that value less than one Bitcoin. For instance, to pay for food in Bitcoin, it will be easier to use satoshi units to calculate the total amount owed. That said, if someone wants to pay for pizza at an outlet that accepts BTC, it will be easier to use
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