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LESSONS

Sats, units and the price

A bitcoin divides into 100 million satoshis. You never need a whole coin, and thinking in sats makes the price easier to read.

4 MIN READ
One bitcoin equals 100 million satoshis.
LEVEL · Beginner
IN THIS LESSON · 4 OF 8
BY THE END YOU WILL BE ABLE TO ANSWER
  • How many sats are in one bitcoin?
  • If one bitcoin is $80,000, how many sats does one dollar buy?
  • You buy $50 of bitcoin at $100,000 per coin. How many sats is that?

Then prove it: a 1-question quiz · 2 challenges. The lesson marks itself complete at 100%.

A single bitcoin divides into 100,000,000 satoshis, or sats. That is the smallest unit on the blockchain; on Lightning it divides further. With 21 million coins there will be 2.1 quadrillion sats, which is plenty for a planet.

Reading the price in sats

If one bitcoin is $100,000, then one dollar is 1,000 sats and one sat is a tenth of a cent. Many bitcoiners quote prices in sats, and "Moscow time" is a nickname for sats per dollar.

Unit In BTC In sats
1 BTC 1 100,000,000
1 mBTC (millibit) 0.001 100,000
1 bit (μBTC) 0.000001 100
1 sat 0.00000001 1

"Bitcoin is too expensive"

A common misunderstanding is that you must buy a whole coin. You can buy $5 of bitcoin. The unit price only looks high because the unit is large; the same money expressed in sats has a price of a fraction of a cent.

MINI CHALLENGEMoscow time

If one bitcoin is $80,000, how many sats does one dollar buy?

sats
MINI CHALLENGEFractions of a coin

You buy $50 of bitcoin at $100,000 per coin. How many sats is that?

sats
CHECK YOURSELF
1/1 How many sats are in one bitcoin?
pick an answer for each question

Try the sats converter for any amount.

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