#CryptoGyan
$BTC measurement units are essential to increasing mainstream adoption of the crypto industry.
For different tiers of transactions, different levels of currency measurement are also necessary. #Cryptocurrencies can become a handy payment method for daily expenses if measurement units are categorized accordingly.
#Bitcoin is already divided into four measurement units : -
1 BTC = 1,000 miliBitcoin (mBTC):
It represents an amount of 0.001 BTC (one-thousandth of a Bitcoin) or 100,000 satoshis (100,000 #SATS ).
1 BTC = 1,000,000 microBitcoin (μBTC):
It is pronounced as “you-bit” and is equal to 0.000001 BTC (one-millionth of a Bitcoin) or 100 satoshis (100 sats).
1 BTC = 100 million sats:
It represents 100 millionths of 1 BTC. 1 sat is equal to 0.000000001 BTC
1 BTC = 100 billion millisatoshis:
This is Bitcoin’s smallest unit. The millisatoshi unit is only used on the #LightningNetwork . 1 msat amounts to 0.00000000001 (100 billionth of a Bitcoin) or 0.001 satoshis (one-thousandth of a sat).