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In addition, bitcoin is readily divisible, which allows you to buy small pieces of the cryptocurrency. The smallest unit of bitcoin is called a Satoshi or "sat" for short. There are 100 million sats per bitcoin, making bitcoin divisible to 8 decimal places—more than most traditional currencies. So, if the price of a whole bitcoin were $1 million, each sat would be equivalent to one cent. The fees to buy Bitcoin vary from platform to platform. Virtually all exchanges and brokers make money from the "spread," or the difference in price between what they'll buy and sell Bitcoin for. On the other hand, transaction fees are zero on some platforms but are significantly higher elsewhere and should definitely be a factor in deciding the best place to buy Bitcoin for you. Limited supply. There are only ever going to be 21 million Bitcoin that known limit to global supply is a core reason why some investors consider the cryptocurrency akin to digital gold. Unlike gold, however, newly discovered reserves aren't possible, and around 92% of all Bitcoin, or roughly 19.3 million, have already been mined. more information.ethereum valor
Plus, learn how you can use this strategy (and invest in crypto) to earn extra money during the crypto winter. While this past week brought many dramatic developments across... Despite the recent dip in the market, we know this isn’t the last of crypto as it will soon rise again. Plus, learn how you can use this strategy (and invest in crypto) to earn extra money during the crypto winter.
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