Monday 10 March 2014

What is mBTC, uBTC and nBTC ?


In the same way that our current paper currencies generally have 100 cents that make up 1 of the actual currency, Bitcoin also has lower forms of its currency such as; nano bitcoins (nBTC), micro bitcoins (uBTC) and milli bitcoins (mBTC).


The easiest way to think of it is like this:

1000 nBTC is 1 uBTC
1000 uBTC is 1 mBTC
1000 mBTC is 1 BTC

Another way to think of it is like this:

nBTC = 0.000000001 BTC
uBTC = 0.000001 BTC
mBTC = 0.001 BTC


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