by Alexander Romero 
Is Bitcoin BTC divisible?
This is a question that comes up often when you do not know Bitcoin.
You want to buy Bitcoin but the price in thousands of Dollars stops you because you think that you have to buy a whole BTC?
Well yes, 1 Bitcoin is divisible into units called Satoshi. (From the name of the creator of Bitcoin, Satoshi Nakamoto)
Bitcoin is a digital currency, a crypto currency, and as the name suggests, it contains the word bit, BTC can be divided into electronic units.
So you can buy fractions of Bitcoin, 1 dollar in Bitcoin for example.
Here is the breakdown of Bitcoin BTC:
- 1 BTC = 1 Bitcoin = 1 Bitcoin.
1 MBTC = 1 millibitcoin = 0.001 Bitcoin.
1 μBTC = 1 microbitcoin = 0.000001 Bitcoin.
1 Satoshi = 0.00000001 Bitcoin.
If you want to own Bitcoin, you can buy a whole Bitcoin BTC if you can afford it but otherwise you can buy 0.01 BTC, 0.1 BTC, etc …
1 Satoshi is a bit like the penny for the Dollar.
It works the same to sell Bitcoin, you can sell fractions of Bitcoin.
The fact that Bitcoin is divisible is essential to allow payments of different values in particular.
The function of Bitcoin is first of all to be peer to peer digital cash, from person to person as explained in the Bitcoin White Paper.
When you want to buy a burger at Burger King in Germany for example, you can pay for delivery in Bitcoin BTC.
You will be charged a fraction of Bitcoin to pay for your order.
Bitcoin is a currency like the Euro or the Dollar, which is also divisible into cents.
When they first hear about BTC, many people initially think that Bitcoin is not divisible.
It is, like other cryptocurrencies, you can buy or sell fractions of them, like Ethereum ETH, Litecoin, etc …
Follow the price of Bitcoin in real time on our coinmarkecap page.
