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Bitcoin trades at a value of multiple thousands of dollars per bitcoin. As most transactions are far smaller, a handful of metric-based bitcoin denominations are commonly used when referencing fractional amounts of the cryptocurrency.
The denominations most commonly used are listed below with their value in bitcoin (BTC). Use our Bitcoin Unit Converter to convert any of the bitcoin denominations below to other units.
Bitcoin denominations
| Unit | Value in bitcoin |
|---|---|
| megaBitcoin | 1,000,000 BTC |
| kiloBitcoin | 1,000 BTC |
| decaBitcoin | 10 BTC |
| Bitcoin | 1 BTC |
| deciBitcoin | 0.1 BTC |
| milliBitcoin | 0.01 BTC |
| microBitcoin | 0.000001 BTC |
| Finney | 0.0000001 BTC |
| Satoshi | 0.00000001 BTC |
Origin of Bitcoin unit names and nicknames
Bitcoin follows a decimal-based system which accounts for the naming conventions for most of the popular bitcoin denominations. Two of the smallest but still referenced units, Finney and Satoshi, are references to significant figures in the creation of bitcoin.
- Finney – Hal Finney worked on the original bitcoin code and received the first bitcoin transaction from Satoshi Nakamoto.
- Satoshi – Satoshi Nakamoto is the name that was used by the person or people who created bitcoin. The identity of Satoshi Nakamoto is unknown.
