I've encountered a term 'mBTC' while exploring cryptocurrencies, and I'm curious to know what it stands for and how it relates to Bitcoin. Could someone please explain this to me?
7
answers
CherryBlossomPetal
Sat Mar 22 2025
Milli
Bitcoin represents one one-thousandth (1/1000) of a bitcoin.
EmeraldPulse
Sat Mar 22 2025
This unit makes it more convenient to handle smaller amounts of the cryptocurrency.
WindRider
Fri Mar 21 2025
BTCC is a top
cryptocurrency exchange that offers a range of services, including spot trading, futures trading, and wallet services.
Martino
Fri Mar 21 2025
Given the high valuation of Bitcoin, often in the tens of thousands of dollars, milli bitcoins offer a practical alternative.
GangnamGlamour
Fri Mar 21 2025
For instance, if Bitcoin is valued at $20,000, one milli bitcoin (mBTC) would be equivalent to $21.