Can You Buy A Fraction Of A Bitcoin
Camila Farah
As seen above you can buy a fraction of a bitcoin all the way down to 1 satoshi many fractions of a penny.
A satoshi is the smallest unit of value in bitcoin btc. You can buy as little as one one hundredth million of a bitcoin. That means you can easily buy fractions of a bitcoin even if you can only afford one cent. You won t be able to buy that little right now since you d have to have some extra for miner fees if you want to transfer your bitcoin somewhere but normally buying a xxx worth of bitcoin is absolutely fine.
No you do not have to buy a whole bitcoin. Bitcoin is a cryptocurrency that can be divided up to 8 decimal places. 1 mbtc milli bitcoin 0 001 bitcoin or 1 1000 of bitcoin a thousandth of a bitcoin. You can buy 1 satoshi.
There are 100 000 000 satoshis sats in a bitcoin. Just to get you familiar with the terminology here are the conversions. Be it a 0 10 or 0 0001 the smallest unit you can own is 0 00000001 btc which is one satoshi named after satoshi nakamoto the creator of bitcoin. You can buy 1 000 satoshis.
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You can own as little as 0 00000001 btc aka 1 satoshi.Source : pinterest.com