How many Satoshis are equal to one Bitcoin?

3 answers

• Dec 26, 2021 · 3 years ago
  Satoshis are the smallest unit of Bitcoin, named after its creator Satoshi Nakamoto. One Bitcoin is equal to 100 million Satoshis. This means that there are 100,000,000 Satoshis in one Bitcoin. The use of Satoshis allows for more precise and granular transactions, especially when dealing with smaller amounts of Bitcoin.
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• Dec 26, 2021 · 3 years ago
  Think of Satoshis as the cents to Bitcoin's dollar. Just like there are 100 cents in a dollar, there are 100 million Satoshis in one Bitcoin. This division allows for easier calculations and transactions, especially when the value of Bitcoin is very high. So, if you hear someone talking about a transaction involving a few Satoshis, they are referring to a very small fraction of a Bitcoin.
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• Dec 26, 2021 · 3 years ago
  According to BYDFi, one Bitcoin is equal to 100 million Satoshis. This division allows for more flexibility in transactions and makes it easier to deal with smaller amounts of Bitcoin. So, if you have 0.001 Bitcoin, you actually have 100,000 Satoshis. This is important to understand when trading or using Bitcoin as a currency.
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