What is Satoshi? Be Rich with BTC fractions!

What is Satoshi

Satoshi, the smallest part of the bitcoin.

One of the first question when people starts to know more about bitcoin is: What is satoshi? The Satoshi is the smallest unit of bitcoin actually currency recorded on the block chain. 1 Satoshi = 0,00000001 Bitcoin.
Unit’s name comes from the nickname of the creator of Bitcoin, Satoshi Nakamoto.

Contents

  1. Bitcoins and online payments
  2. Getting Bitcoins with Faucets
  3. How to spend your bitcoins?

Bitcoins and online payments

Online payments need granularity, so satoshi is a good solution for scenarios like these. Similarly there is even the millisatoshi unit, that is one hundred billionths of a single bitcoin.

Getting Bitcoins with Faucets

Considering how the value of the bitcoin has grown over the years, today the main goal for many users it is the achievement of one bitcoin!
Intermediate steps for this goal are 0,1 BTC, 0,2, BTC, 0,3 BTC, etc.
With bitcoin faucets is possible receive satoshi for free every hour. To receive satoshi, are necessary few minutes per day. In addition you don’t need to spend hours to get bitcoins every day. First of all, if you don’t have an account of a bitcoin faucet, create your account. Today the best best bitcoin facucet is freebitco.in. Visit https://freebitco.in/?r=17094921&tag=p2l1, create your account and start to earn bitcoins every hour. Moreover don’t forget to confirm your account registration cliccking the link in the email that freebitco.in will send you. To know more about how tu use freebitco.in to get free bitcoins, read this page.

How to spend your bitcoins?

Spending bitcoins today is esay! Start using bitcoin faucets to get bitcoins for free every day. Then, spend bitcoins in online shopping using gift cards like gyft or send your bitcoins to your paypal account. Similarly, is highly recommended to open accounts in secure platforms that makes it easy to store and convert bitcoins. For instance, one of these is Coinbase.