Denominations

This definition comes from the technical glossary.

Definition

Denominations of Bitcoin value, usually measured in fractions of a bitcoin but sometimes measured in multiples of a satoshi. One bitcoin equals 100,000,000 satoshis.

Synonyms

  • Denomination

  • Bitcoins

  • Satoshis

Not To Be Confused With

  • Binary bits, a unit of data with two possible values