The Most Important Bitcoin Denominations
A bitcoin (BTC) is most commonly expressed in one of three denominations:
- bitcoin – BTC – (1 bitcoin)
- millibitcoin – mBTC – (1 thousandth of a bitcoin)
- microbitcoin – uBTC – (1 millionth of a bitcoin)
Additionally, there is a fourth, much smaller denomination called a “satoshi” which is equal to a one hundred millionth of a single bitcoin (0.00000001 BTC). There is no established currency symbol for a satoshi although it is sometimes abbreviated to sat or simply s.
Here is an easy chart showing the different denominations with some example bitcoin prices:
| Unit | Value in BTC | @ $1,000 per BTC | @ $2,000 per BTC | @ $5,000 per BTC |
|---|---|---|---|---|
| BTC | 1 | $1,000 | $2,000 | $5,000 |
| mBTC | 0.001 | $1.00 | $2.00 | $5.00 |
| uBTC | 0.000001 | $0.001 | $0.002 | $0.005 |
| satoshi | 0.00000001 | $0.00001 | $0.00002 | $0.00005 |
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