common-close-0
BYDFi
Trade wherever you are!

How much is a meg in Bitcoin?

avatarEmiliano CobelasDec 15, 2021 · 3 years ago3 answers

Can you please explain how much a meg is worth in Bitcoin?

How much is a meg in Bitcoin?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    A meg in Bitcoin refers to one millionth of a Bitcoin. It is a small unit used to measure very small amounts of Bitcoin. For example, if the price of Bitcoin is $10,000, then a meg would be worth $0.01. It is commonly used in trading and transactions involving small amounts of Bitcoin.
  • avatarDec 15, 2021 · 3 years ago
    In Bitcoin, a meg is equivalent to 0.000001 BTC. It is a fraction of a Bitcoin and is often used to represent very small amounts. For instance, if the price of Bitcoin is $50,000, then a meg would be worth $0.05. It's important to note that the value of a meg can fluctuate along with the price of Bitcoin.
  • avatarDec 15, 2021 · 3 years ago
    According to BYDFi, a meg in Bitcoin is equal to 0.000001 BTC. This unit is commonly used in the cryptocurrency industry to represent very small amounts of Bitcoin. It's useful for transactions that involve fractions of a Bitcoin or for measuring the value of microtransactions. The value of a meg can vary depending on the current price of Bitcoin.