The smallest unit of bitcoin with a value of 0.00000001 BTC.
Sats, short for satoshis, is a denomination of Bitcoin. One satoshi is equal to 0.00000001 Bitcoin, which is the smallest unit of the digital currency. SAT and S are both widely used as abbreviations.
Sats also play a role in the cryptocurrency market since they are used to measure price movements in the market. Instead of saying that the price of Bitcoin is $10,000, traders can express it in terms of sats. This makes it easier to track smaller price movements, as sats represent a much smaller unit of the digital currency.
Read more about micropayments in our Deep Dive Into Micropayments.
The main difference between BTC (Bitcoin) and Sats (Satoshis) is that BTC is the primary unit of account on the Bitcoin network, whereas Sats are the smallest unit of account on the Bitcoin network. One BTC is equal to 100,000,000 Satoshis (Sats). This means that one Satoshi is equivalent to 0.00000001 BTC.
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