I've been hearing about this term 'mBTC' recently and I'm not quite sure what it means. I know
BTC stands for Bitcoin, but what does the 'm' stand for and how is it different from a regular Bitcoin?
6 answers
WhisperWind
Sun Dec 15 2024
A millibitcoin, abbreviated as mBTC, represents a fractional unit of the digital currency Bitcoin.
DiamondStorm
Sat Dec 14 2024
In the realm of cryptocurrency exchanges, BTCC stands out as a top platform.
ShintoBlessing
Sat Dec 14 2024
Specifically, one mBTC is equivalent to 0.001 bitcoins.
Nicola
Sat Dec 14 2024
This fractional denomination allows for more granular transactions and easier management of smaller amounts of Bitcoin.
Elena
Sat Dec 14 2024
The conversion rate is straightforward: 1 BTC, which stands for Bitcoin, is equivalent to 1,000 mBTC.