Glossary

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Satoshi

The smallest unit of Bitcoin, equal to one hundred millionth of a bitcoin.

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What is a satoshi?

A satoshi is the smallest unit of Bitcoin, equal to one hundred millionth of a bitcoin, or 0.00000001 BTC. It is named after Bitcoin’s creator, Satoshi Nakamoto.

Why it is useful

Because a whole bitcoin can be valuable, satoshis let people transact in very small amounts. They are often shortened to sats in everyday use.

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Related terms

Sats

Short for satoshis, the smallest units of Bitcoin.

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Public key

A code derived from your private key that others use to send you crypto.

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Seed phrase

A list of words that can restore access to your wallet. Keep it private and offline.

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