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What are bits and satoshis?

One of the great functions of bitcoins is that they are literally able to be divided into 100 million pieces.

When a bitcoin is divided into 1 million pieces, it is called a bit.

When a bitcoin is divided into 100 million pieces (or a bit is divided into 100 pieces), it is called a satoshi (named after the original creator of Bitcoin).


Check out our conversion table below:

BTC Bit Satoshi
1 BTC 1 1,000,000 10,000,000
1 bit .000001 1 100
1 satoshi .00000001 0.1 1
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