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Convert Satoshi to Won KRW - Satoshi Korean Won Calculator

Satoshi
₩ KRW
Satoshi BTC

Convert Korean Won to Satoshi

₩ KRW
Satoshi
Important: Comma separates thousands and millions, and point separates decimals.
Bitcoin BTC

Current Bitcoin / Satoshi Price Korean Won

1 Satoshi = 1.59847904 KRW

1 Bitcoin = 159,847,903.92 KRW

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Convert Satoshi to KRW Won and KRW to Satoshi

Satoshi BTC

Satoshi & Bitcoin to Korean Won Conversion Table

Satoshi Korean Won Bitcoin Name
1 Satoshi 1.59847904 KRW 0.00000001
10 Satoshi 15.98479039 KRW 0.00000010
100 Satoshi 159.84790392 KRW 0.00000100 1 Bit / μBTC (you-bit)
1,000 Satoshi 1,598.47903917 KRW 0.00001000
10,000 Satoshi 15,984.79039174 KRW 0.00010000
100,000 Satoshi 159,847.90391735 KRW 0.00100000 1 mBTC (em-bit)
1,000,000 Satoshi 1,598,479.03917353 KRW 0.01000000 1 cBTC (bitcent)
10,000,000 Satoshi 15,984,790.39173528 KRW 0.10000000
100,000,000 Satoshi 159,847,903.91735280 KRW 1.00000000 1 Bitcoin - BTC

What is a Satoshi?

A Satoshi is the smallest unit of a Bitcoin, the most well-known and widely used cryptocurrency. It is named after the pseudonym of the Bitcoin's creator, Satoshi Nakamoto. Each Bitcoin is divisible to the eighth decimal number, meaning it can be divided into 100,000,000 Satoshis (one hundred million), which means that one Satoshi is equal to 0.00000001 Bitcoin.

In Korean Won currency, a Satoshi currently equals 1.59847904 KRW.

Use of Satoshis:

The small denomination of Satoshis allows for various forms of usage. The utilization of Satoshis is ideal for microtransactions, that is, transactions that involve small amounts of money, such as tips for content creators, payments for low-cost content, or transactions within blockchain-based applications.

In addition, the use of Satoshis can make Bitcoin transactions more comprehensible and easily readable, as instead of dealing with multiple decimals of a Bitcoin for small transactions, users can work with whole numbers of Satoshis.

Other Denominations of Bitcoin fractions:

Besides Satoshis, there are other denominations used to describe fractions of Bitcoin. These include:

  • Microbitcoin (µBTC): 1 µBTC is equal to 0.000001 Bitcoin, or 100 Satoshis, currently equivalent to 159.84790392 KRW in Korean Won.
  • Millibitcoin (mBTC): 1 mBTC is equal to 0.001 Bitcoin, or 100,000 Satoshis, currently equivalent to 159,847.90391735 KRW in Korean Won.

These larger denominations are also used in certain contexts, especially when transactions involve larger amounts of Bitcoin than just a few Satoshis but still less than a full Bitcoin.

The Satoshi, the smallest denomination of Bitcoin, plays a vital role in the economy of cryptocurrencies. It facilitates microtransactions and makes Bitcoin transactions more manageable and comprehensible. Along with other denominations like the microbitcoin and the millibitcoin, the concept of Satoshi denomination helps Bitcoin users in their everyday use more effectively.