What digital currency is SATS? Where can SATS be purchased?

php editor Apple will introduce you to the SATS currency and how to purchase it. SATS is the abbreviation of Satoshis and is the smallest unit of Bitcoin. 1 SATS is equal to 0.00000001 Bitcoin. SATS can be purchased on some cryptocurrency exchanges, such as Binance, Coinbase, etc. Before purchasing SATS, you need to register and complete real-name authentication, and then select the appropriate trading pair for trading. When purchasing SATS, you can exchange it with legal currency (such as RMB, USD) or other cryptocurrencies. After purchasing SATS, you can store it in the exchange's wallet or transfer it to your own digital wallet for safe keeping.

What currency is SATS?

SATS is a token that is encoded using Satoshis on the Bitcoin blockchain and plays an important role in the token economy and complies with the BRC-20 token standard.

SATS utilizes the Ordinals protocol to implement a token economy on the Bitcoin network. This economic system allows users to create and transfer BRC-20 tokens tied to Bitcoin units (i.e. satoshi). It is worth emphasizing that SATS does not require smart contracts to operate, but provides users with the flexibility to create tokens by writing specific archives to satoshi.

SATS explores various use cases utilizing the BRC-20 token standard on the Bitcoin network. With flexible operations without smart contracts, SATS is widely used in areas such as payment systems and the gaming industry, expanding new possibilities for the transfer and creation of digital assets.

Where can I buy SATS?

Purchasing SATS coins is usually done on the exchange where it is listed. Currently, there are 18 exchanges to choose from, including OKX, Huobi, Gate.io, Bitget, and KuCoin. The following is a brief introduction to the exchanges with the highest trading volume:

1. OKX

The APP of Ouyi OKX Exchange currently provides support in 22 languages. Users can switch to Ouyi Web3 wallet at any time without downloading additional wallet APP. On the discovery page, users can view market conditions, follow orders, and obtain data on Bitcoin transactions. The financial section includes functions such as borrowing currency, borrowing, and Jumpstart. Users can choose financial projects that suit them to obtain benefits, but they also need to pay attention to risks. Please click here to register.

2. Huobi

Huobi Huobi Exchange’s APP supports 14 languages, where users can conduct spot, contract and leverage transactions of digital currencies. Compared with the web version, the APP has similar functions, but users can choose to set the currency of interest as a floating window to view its price in real time. The official website provides scanning QR code download methods for iOS and Android versions. Users can choose to use the web version or mobile version according to their needs.

3. Gate.io

Gate.io Sesame Exchange APP provides iOS and Android versions of the APP. Users can download it from the official website according to their needs. Gate.ioAPP can check market conditions, conduct transactions, manage your accounts and assets, and other operations. Its APP can also set price reminders. When a certain digital currency reaches the set reminder price, rate messages will be sent through the APP in a timely manner.

4. Bitget

Bitget is headquartered in Singapore and is a global digital asset derivatives trading service platform. The company's business includes futures contracts, spot trading and global OTC. Bitget has branches in Japan, South Korea, Canada and other places. Currently, the cumulative number of registered users worldwide exceeds 900,000. In July 2020, Bitget completed the investment led by South Korea's top gaming company SNK and Top-tier capital Anlan Capital participated in the $10 million Series B financing, which is currently valued at $1 billion.

5. KuCoin

KuCoin is a world-renowned digital currency trading service platform. KuCoin supports a variety of digital asset transactions. Founded in September 2017, it has grown into one of the most popular digital currency trading service platforms. It currently provides one-stop services for currency, fiat currency, contracts, Pool-X, lending, etc. to 5 million users in 207 countries and regions around the world. service. Known as the "National Trading Service Platform", KuCoin operates in the Seychelles and provides users with a multi-lingual, 7X24-hour customer service team.

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