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Range of numbers used in trading

Matthew Page edited this page Jul 22, 2021 · 2 revisions

From the very small to the very large...

Quantity

Bitcoin can be split into 100 million satoshi and transacted at that resolution. If you wanted to buy 1 satoshi = 0.000000001

You could also buy 10000.000000001

Other tokens with a low value can often be traded in 100,000s or 1,000,000s. But much less likely to be transacted in small fractions.

Price

Price can vary from fractions of a penny to £1000s.

BTC price £24,523.453 NewCoin price £0.00001

Balance

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Resources

https://docs.ethers.io/v5/api/utils/display-logic/#:~:text=Examples%3A,ether%20represents%201018%20wei)

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