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How many satoshis are there in one Bitcoin?

avatarbelén piñaDec 18, 2021 · 3 years ago3 answers

Can you please explain how many satoshis are equivalent to one Bitcoin? I'm new to the world of cryptocurrencies and I'm trying to understand the basic units of Bitcoin. Thank you!

How many satoshis are there in one Bitcoin?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One Bitcoin is equivalent to 100 million satoshis. Satoshi is the smallest unit of Bitcoin, named after the anonymous creator of Bitcoin, Satoshi Nakamoto. It's like the cents in a dollar. So, if you have 1 Bitcoin, you have 100 million satoshis. Hope that helps!
  • avatarDec 18, 2021 · 3 years ago
    Hey there! So, one Bitcoin is made up of 100 million satoshis. It's like breaking down a big pizza into tiny slices. Each satoshi is like a small slice of the whole Bitcoin. So, if you have 1 Bitcoin, you have 100 million satoshis. Enjoy your crypto journey!
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! One Bitcoin consists of 100 million satoshis. This is a fixed ratio and it's the same across all cryptocurrencies. At BYDFi, we believe in the power of satoshis and aim to make them more accessible to everyone. So, if you have 1 Bitcoin, you have 100 million satoshis. Happy trading!