Definition, Meaning & Synonyms

sats

noun

/sæts/

Definition

Sats is a colloquial abbreviation for ‘satoshis,’ the smallest unit of Bitcoin.

Examples

The price of a single Bitcoin can often be chalked up to several million sats in trades.
I sent my friend 500 sats to cover his lunch.
Many people prefer to buy in sats rather than whole bitcoins for smaller transactions.

Meaning

The term ‘sats’ refers to a fraction of a Bitcoin, where one Bitcoin equals 100 million satoshis. It is commonly used in cryptocurrency discussions to express small amounts of Bitcoin.