I'm trying to understand the denomination of Bitcoin. Specifically, I want to know how many smaller units or coins combine to equal 1 bitcoin.
5 answers
CryptoLord
Sun Oct 27 2024
A
Bitcoin is divisible into smaller units called satoshis.
Dario
Sat Oct 26 2024
There are 100,000,000 satoshis in one bitcoin.
noah_wright_author
Sat Oct 26 2024
This division allows for greater flexibility in transactions, as users can send and receive fractions of a bitcoin.
CryptoEagle
Sat Oct 26 2024
Each satoshi represents a tiny fraction of a bitcoin, specifically 0.00000001 BTC.
BonsaiVitality
Sat Oct 26 2024
This makes satoshis the smallest possible unit of bitcoin, enabling microtransactions and providing more granularity in pricing.