If you are an active player in cryptocurrency casinos, you may have come across such Bitcoin designations as BTC, mBTC, and µBTС. At first glance, it may seem that these are different cryptocurrencies, but in fact, they are all Bitcoin.
Bitcoin is very expensive, and usually, players only use thousandths or even millionths of 1 BTC. Therefore, special notations were introduced to simplify the recording of such numbers. Namely:
- mBTC – stands for millibitcoin. 1 mBTC = 0.001 BTC
- µBTC – stands for microbitcoin. 1 µBTC = 0.000001 BTC
- sat – stands for satoshi. 1 sat = 0.00000001 BTC
These are the most common Bitcoin units, but there are much more of them.
Crypto casinos use these units instead of regular BTC to simplify players’ perception of bets and winnings because it is pretty challenging to perceive huge decimal numbers. Most casinos just convert your Bitcoins into fiat currency, which further simplifies the perception, but some still use the classic notation. Here are some of them:
µBTC Casino – bSpin
The uBTC unit is rarely used in online casinos. A bright representative is bSpin casino. This brand uses uBTC to display your balance, deposits, withdrawals, and live game winnings. In addition to the fact that this unit is convenient to use for calculations, it also allows you to feel like a high roller without spending much money. It happens because 1 BTC = 1,000,000 µBTC. Conversely, if you want to play for very low amounts, this is also possible. Some games have a minimum bet of only 10 uBTC.