Bitcoin Units and Denominations

5 min readinteractiveIncludes quiz · 5 questions

You don't need to buy a whole Bitcoin! Let's learn about Bitcoin's smaller units and why they matter.

Bitcoin Denominations:

  • •1 Bitcoin (BTC) = The base unit
  • •1 millibitcoin (mBTC) = 0.001 BTC
  • •1 bit = 0.000001 BTC
  • •1 satoshi (sat) = 0.00000001 BTC

A satoshi is the smallest unit of Bitcoin, named after its creator.

Bitcoin Denominations
Bitcoin Denominations

Real-World Examples:

If 1 BTC = $50,000:

  • •Coffee ($5) = 0.0001 BTC = 10,000 sats
  • •Lunch ($15) = 0.0003 BTC = 30,000 sats
  • •Movie ticket ($12) = 0.00024 BTC = 24,000 sats

Many people prefer thinking in sats for everyday purchases!

Test Your Knowledge

This lesson includes a 5-question quiz (passing score: 80%).

Quiz functionality available in the mobile app.