SHORT VIDEO

Do you need to buy a whole Bitcoin?

No. You do not need to buy one whole bitcoin.

One bitcoin is divided into 100 million satoshis, so you can own only a small fraction of one.

In Simple Words

Many beginners see the price of one whole bitcoin and assume they need that full amount to buy any.

They do not.

Bitcoin can be divided into much smaller units. The smallest unit is called a satoshi, or simply a sat.

This means you can buy a small fraction of a bitcoin without needing to buy a whole one.

The idea is similar to the way one euro or one dollar can be divided into smaller units — except bitcoin can be divided much further.

BOOK 1

Want to go deeper?

This topic is explained in more detail in Bitcoin in Simple Words — Book 1.

View Book 1