Understanding Cryptocurrency Units
Bitcoin Units
- 1 BTC = 1 Bitcoin
- 1 mBTC = 0.001 BTC (millibitcoin)
- 1 μBTC = 0.000001 BTC (microbitcoin)
- 1 Satoshi = 0.00000001 BTC (smallest unit)
100,000,000 Satoshi = 1 Bitcoin
Ethereum Units
- 1 ETH = 1 Ether
- 1 Finney = 0.001 ETH
- 1 Szabo = 0.000001 ETH
- 1 Gwei = 0.000000001 ETH (gas unit)
- 1 Wei = 0.000000000000000001 ETH (smallest)
1,000,000,000 Gwei = 1 Ethereum
Why Use a Crypto Converter?
A crypto unit converter helps investors and traders:
- Calculate gas fees - convert Gwei to ETH to USD
- Micro-investing - buy crypto in small units (Satoshi)
- Portfolio tracking - total holdings value in fiat
- DCA strategy - calculate Satoshi/Gwei per purchase
Practical Examples
Scenario 1: Micro-investing in Bitcoin
Weekly budget of $50 for Bitcoin DCA. With BTC at $65,000, you can buy: 50 / 65,000 = 0.000769 BTC or 76,923 Satoshi per week. In one year: 4,000,000 Satoshi or 0.04 BTC.
Scenario 2: Ethereum Gas Fees
A transaction requires 21,000 gas at 50 Gwei gas price. Total fee: 21,000 x 50 = 1,050,000 Gwei = 0.00105 ETH. With ETH at $3,500, the fee equals $3.68.