Most Important Bitcoin Denominations

The Most Important Bitcoin Denominations

A bitcoin (BTC) is most commonly expressed in one of three denominations:

  • bitcoin – BTC – (1 bitcoin)
  • millibitcoin – mBTC – (1 thousandth of a bitcoin)
  • microbitcoin – uBTC – (1 millionth of a bitcoin)

Additionally, there is a fourth, much smaller denomination called a “satoshi” which is equal to a one hundred millionth of a single bitcoin (0.00000001 BTC). There is no established currency symbol for a satoshi although it is sometimes abbreviated to sat or simply s.

Here is an easy chart showing the different denominations with some example bitcoin prices:

Unit Value in BTC @ $1,000 per BTC @ $2,000 per BTC @ $5,000 per BTC
BTC 1 $1,000 $2,000 $5,000
mBTC 0.001 $1.00 $2.00 $5.00
uBTC 0.000001 $0.001 $0.002 $0.005
satoshi 0.00000001 $0.00001 $0.00002 $0.00005

George Levy

George Levy is Chief Learning Officer for Blockchain Institute of Technology (BIT) and a co-founder of Bitsonline. Blockchain Institute of Technology (BIT) is one of the world’s leading Blockchain technology training providers. BIT partners with companies and individuals to address their unique needs, providing training and certification that helps professionals reach their goals. George is an award-winning digital entrepreneur, Certified Senior Blockchain Professional (CSBCP) and Certified Bitcoin Professional (CBP) expert on Blockchain technology, and was a co-founder of Yupi.com a leading Internet portal acquired by Microsoft. Follow George on Twitter @georgelevy and @blockchaininfos

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