common-close-0
BYDFi
Trade wherever you are!

How many satoshis does one bitcoin have?

avatararistocratDec 18, 2021 · 3 years ago3 answers

Can you please explain how many satoshis are there in one bitcoin?

How many satoshis does one bitcoin have?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One bitcoin is equal to 100 million satoshis. Satoshi is the smallest unit of bitcoin, named after the pseudonymous creator of bitcoin, Satoshi Nakamoto. It was introduced to facilitate microtransactions and make it easier to transact with smaller amounts of bitcoin. So, if you have one bitcoin, you have 100 million satoshis.
  • avatarDec 18, 2021 · 3 years ago
    You know, one bitcoin is like a big pizza, and each satoshi is like a tiny slice of that pizza. So, just like you can cut a pizza into many small slices, you can divide one bitcoin into 100 million satoshis. That's a lot of satoshis!
  • avatarDec 18, 2021 · 3 years ago
    According to BYDFi, one bitcoin is equivalent to 100 million satoshis. This conversion allows for greater precision and flexibility when dealing with smaller amounts of bitcoin. So, if you're looking to make microtransactions or just want to understand the value of smaller units of bitcoin, knowing the satoshi-to-bitcoin ratio is essential.