Satoshi and Bitcoin
A satoshi is the smallest unit of Bitcoin currency. 1 satoshi = 0.00000001 BTC. Satoshi is the namesake of the technical author and creator of Bitcoin, Satoshi Nakamoto. Example: If 1 BTC = 30,000 yen, 1 satoshi = 0.00003 JPY.
Binance in the US
Is Binance US legal in the USA? Elsewhere, as well as which states Binance.US is allowed to operate in. United States users cannot buy crypto using the international Binance platform. What happens if I use Binance in the US? If you outright buy Bitcoin with USD, you will pay a 0.5% fee on Binance US. If you want to spend $100 to buy Bitcoin using this option, you’d end up trading about $99.50 after fees. There is also a 25% discount to your fee if you use Binance Coin (BNB) to pay your transaction fee.
Coinbase and Binance Coin
Does Coinbase sell Binance Coin? Binance Coin is not supported by Coinbase. Why does Coinbase not support Binance? Coinbase does not currently support Binance Chain (BEP-2) because it is a separate blockchain that is not integrated with our platform.
Coinbase Fees
Why is Coinbase fee so high? The platform charges high fees for both crypto-to-crypto transactions, as well as fiat conversions. The main reason for high Bitcoin miner fees is supply and demand. The Bitcoin block size is 1MB, which means that miners can only confirm 1MB worth of transactions for each block (one every ten minutes).