I'm wondering about the minimum amount of
Bitcoin that can be purchased. Is there a specific, smallest fraction of Bitcoin that one can buy, or can you buy any amount, no matter how small?
5 answers
Maria
Fri Dec 20 2024
The smallest denomination of a
Bitcoin is known as a satoshi.
SamuraiWarriorSoul
Fri Dec 20 2024
Named after the pseudonymous creator of bitcoin, Satoshi Nakamoto, a satoshi represents an extremely small fraction of a bitcoin.
Claudio
Fri Dec 20 2024
Bitcoins possess a unique property that allows them to be divisible into smaller units.
BonsaiBeauty
Fri Dec 20 2024
Specifically, one satoshi is equivalent to one hundred millionth of a bitcoin.
KpopHarmony
Fri Dec 20 2024
This divisibility is particularly advantageous for facilitating smaller transactions, making it easier to use bitcoins in day-to-day purchases.