Overview
Just as a dollar is divided into 100 cents, a Bitcoin is divided into 100 million units called Satoshis (or 'sats'). This high divisibility allows Bitcoin to be used for tiny micro-transactions.
Conversion
- 1 Satoshi = 0.00000001 BTC
- 100,000,000 Satoshis = 1 BTC
Usage
As the price of Bitcoin increases, many people prefer to price goods or services in 'sats' rather than fractions of a Bitcoin (e.g., 'Stacking sats').