Thursday, 14 December 2017

Do You Know What A Milli-Bitcoin Is? 😏

Hi Subscriber,

Bitcoin has a maximum supply of 21 million coins.

However, there are fractional units of bitcoin and bitcoin cash.

These can be useful for expressing small denominations of the cryptocurrency, such as when making micro transactions. (As one example, think bitcoin faucets where a person can regularly earn small amounts of bitcoin.)
 

Let's take a look at how small units of bitcoin are converted to U.S. dollars (at a BTC price of $10,000):


A milli-bitcoin (mBTC) represents 1 / 1,000th of a bitcoin or $10 USD.

A micro-bitcoin, or bits (μBTC) represents 1 / 1,000,000th of a bitcoin or $0.01 USD (one penny).

A satoshi is one hundred millionth of a single bitcoin or $0.0001 USD. It's the smallest unit of bitcoin that can be recorded on the blockchain.

You can convert bitcoin and bitcoin cash into these micro denominations using Bitcoin.com's Price Converter tool. (It converts price for most fiat currencies.)
 
Use Price Converter
Sincerely,
The Bitcoin.com Team

P.S. More than 1,000,000 people have downloaded the Bitcoin.com Wallet. Don't delay. Use the Price Converter tool to calculate how much you can invest in bitcoin and bitcoin cash.
 
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