Satoshi & Gwei Unit Converter
Understanding Satoshi & Gwei
In cryptocurrency, transactions and values are often calculated using smaller sub-units rather than full base coins (like 1 BTC or 1 ETH) to allow microtransactions and exact fees.
What is a Satoshi (sat)?
A Satoshi is the smallest denomination of Bitcoin, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto. One Satoshi is equal to 0.00000001 BTC (one hundred-millionth of a Bitcoin). Conversely, there are exactly 100,000,000 Satoshis in a single Bitcoin.
What is Gwei and Wei?
Wei is the smallest denomination of Ether, named after Wei Dai, a cryptography pioneer who proposed the concept of B-money. One Wei is equal to 10⁻¹⁸ ETH. Gwei, which stands for Giga-wei, is a common sub-unit used to measure Ethereum network gas prices. One Gwei is equal to 1,000,000,000 Wei or 0.000000001 ETH.
Frequently Asked Questions
There are exactly 100,000,000 (one hundred million) Satoshis in 1 Bitcoin.
Gwei is used to pay for transaction and execution fees on the Ethereum network, commonly known as gas fees. This keeps fee amounts easy to read instead of using long decimal values of ETH.
No. Like all tools on CryptoTools.site, the unit converter runs 100% locally in your web browser. No inputs are transmitted to our servers or third parties.