rajatsonifinance on Nostr: Reminder: You can buy fractions of Bitcoin 1 Bitcoin = 100,000,000 Satoshis This is ...

Reminder:

You can buy fractions of Bitcoin

1 Bitcoin = 100,000,000 Satoshis

This is like dollars and cents

1 dollar = 100 cents

If you have 0.1 dollars, you have 10 cents

Similarly, if you have 0.0003 Bitcoin, you have 30,000 Satoshis (Sats)

When you buy Bitcoin, you are converting your dollars into (or SELLING them for) Bitcoin

Some popular conversion rates:

1 Bitcoin = 69,800 USD
1 USD = 0.00001432 BTC (1432 Sats)
1 Bitcoin = 64,128 Euro
1 Euro = 0.00001558 BTC (1558 Sats)
1 Bitcoin = 94,431 Canadian Dollars
1 CAD = 0.0001059 BTC (1059 Sats)
1 Bitcoin = 55,100 Pounds
1 Pound = 0.00001814 BTC (1814 Sats)
1 Bitcoin = 502,254 Yuan
1 Yuan = 0.00000199 BTC (199 Sats)
1 Bitcoin = 10,532,668 Yen
1 Yen = 0.0000009 BTC (9 Sats)