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Crypto Lexicon - SATS

By Jyotsna V   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024 lt

Sats is the short for "Satoshi" , which refers to the smallest indivisible unit of a Bitcoin.

1 Satoshi = 0.00000001 BTC

In other words, a Satoshi is one hundred millionth of a single bitcoin.

The term is derived from the name of Bitcoin's mysterious creator Satoshi Nakamoto.

Traders usually trade in satoshis or sats rather than whole Bitcoins.

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