Cryptocurrency Q&A What is mBTC?

What is mBTC?

Sofia Sofia Fri Dec 13 2024 | 6 answers 1505
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? What is mBTC?

6 answers

WhisperWind WhisperWind Sun Dec 15 2024
A millibitcoin, abbreviated as mBTC, represents a fractional unit of the digital currency Bitcoin.

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DiamondStorm DiamondStorm Sat Dec 14 2024
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ShintoBlessing ShintoBlessing Sat Dec 14 2024
Specifically, one mBTC is equivalent to 0.001 bitcoins.

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Nicola Nicola Sat Dec 14 2024
This fractional denomination allows for more granular transactions and easier management of smaller amounts of Bitcoin.

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Elena Elena Sat Dec 14 2024
The conversion rate is straightforward: 1 BTC, which stands for Bitcoin, is equivalent to 1,000 mBTC.

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