Questions
TagsHow many satoshi are equivalent to 1 bitcoin?
Rosen BergmannDec 25, 2021 · 3 years ago3 answersCan you explain the conversion rate between satoshi and bitcoin?
3 answers
- Sure! Satoshi is the smallest unit of bitcoin, and there are 100 million satoshis in one bitcoin. So, to calculate the number of satoshis equivalent to 1 bitcoin, you simply multiply 1 by 100 million. Therefore, 1 bitcoin is equal to 100 million satoshis.Dec 25, 2021 · 3 years ago
- The conversion rate between satoshi and bitcoin is fixed and does not change. 1 bitcoin is always equal to 100 million satoshis. This fixed ratio allows for easy calculations and transactions in the bitcoin ecosystem.Dec 25, 2021 · 3 years ago
- BYDFi, a leading digital currency exchange, follows the standard conversion rate of 1 bitcoin to 100 million satoshis. This conversion rate is widely accepted and used across the cryptocurrency industry.Dec 25, 2021 · 3 years ago
Related questions
- 96
What are the tax implications of using cryptocurrency?
- 96
Are there any special tax rules for crypto investors?
- 84
What is the future of blockchain technology?
Load 5 more related questions
Related Tags
Hot Questions
- 96
What are the tax implications of using cryptocurrency?
- 96
Are there any special tax rules for crypto investors?
- 84
What is the future of blockchain technology?
- 66
What are the advantages of using cryptocurrency for online transactions?
- 43
How can I minimize my tax liability when dealing with cryptocurrencies?
- 41
What are the best digital currencies to invest in right now?
- 32
How does cryptocurrency affect my tax return?
- 19
How can I buy Bitcoin with a credit card?