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Have?","featured_image_id":10729,"status":"published","chapter_id":7,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-invest-in-crypto","featured_image":{"id":10729,"uuid":"3439a1db-9892-404a-b4b6-a1db5a34bca4","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","path":"crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","original_path":"crypto/storage/original/how-to-invest-in-crypto-featured-image.jpg","name":"how-to-invest-in-crypto-featured-image.jpg","original_name":"how-to-invest-in-crypto-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"75.22KB"},"youtube_video":null},{"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","featured_image_id":11310,"status":"published","chapter_id":7,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/ico-vs-ido","featured_image":{"id":11310,"uuid":"315e8a2b-93a1-4870-be48-a2a09d801663","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/ico-vs-ido-featured-image.jpg","path":"crypto/storage/optimized/ico-vs-ido-featured-image.jpg","original_path":"crypto/storage/original/ico-vs-ido-featured-image.jpg","name":"ico-vs-ido-featured-image.jpg","original_name":"ico-vs-ido-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"64.39KB"},"youtube_video":null},{"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","featured_image_id":11359,"status":"published","chapter_id":7,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-an-airdrop","featured_image":{"id":11359,"uuid":"7b43c968-1275-4d3e-acb1-1707a43a4014","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","path":"crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","original_path":"crypto/storage/original/what-is-an-airdrop-featured-image.jpg","name":"what-is-an-airdrop-featured-image.jpg","original_name":"what-is-an-airdrop-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"66.05KB"},"youtube_video":null},{"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":498,"original_id":null,"author_id":40,"translator_id":null,"title":"What is MilliBitcoin?","slug":"what-is-millibitcoin","section":"M","keyword":"MilliBitcoin","status":"published","definition":"is a sub-unit of Bitcoin, which is equivalent to the one-thousandth of a BTC.","content":"<p><a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">
Bitcoin is the most well-known cryptocurrency in the world. Since its introduction in 2009, the price of BTC has climbed at a parabolic rate. Despite <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-dip/">
dips, peaks, and troughs, zooming out reveals a consistent increase. As a consequence, its price has climbed from less than $0.01 to its current level.</p>\n<p>Therefore, if you plan to retain your BTC, μBTC, or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-satoshi-sats/">
satoshi for the same length of time you would keep a property, BTC is an excellent investment option. Generally, nations are adopting Bitcoin as a tool for individuals to exchange and store wealth. In fact, adoption rates have recently increased.</p>\n<p>To put things into perspective:</p>\n<p>1 BTC = 1,000 μBTC.</p>\n<p><strong>Hence, 1 μBTC is about 58.45 USD.</strong></p>\n<p>Because only 21 million Bitcoins can ever be <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining/">
mined, Bitcoin is a deflationary token, suggesting that its value will climb as it gets rarer. Bitcoins have near-infinite worth since they are supported by a code rather than a real object like gold. This allows Bitcoin holders to keep and effectively split their Bitcoin into multiple units, enabling them to price items depending on their perceived value. </p>\n<p>Yet, since it is a store of wealth, usage has lately increased. Because the cryptocurrency's value in relation to the US dollar is variable and it is not commonly acknowledged as a unit of account, there are presently several words that each correlate to a sub-unit of Bitcoin.</p>\n<p>Bitcoin was designed to be a word for a new sort of peer-to-peer monetary system as well as the system's primary currency. Bitcoins, or BTC as they are abbreviated, have risen to prominence as the dominant cryptocurrency and the first monetary system running on blockchain technology.</p>\n<p>Bitcoin may be split into microbitcoins (mBTC), millibitcoins (BTC), and satoshi in the same manner as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">
fiat money. For instance, such as the US Dollar, which can be split into entire units like Dollars and cents (one-hundredth of a dollar).</p>\n<p>Those that are aware of nickels (5c), dimes (10c), and quarters should also be aware of the US currency system (25c). Likewise, BTC may be subdivided for convenience of usage and usefulness. It is sometimes referred to as digital gold and possesses all of the positive characteristics of a currency, such as:</p>\n<ul>\n<li>BTC is movable.</li>\n<li>Different from money, it can’t be taken away as a result of its decentralized nature.</li>\n<li>When it comes to international transfers, it might occasionally be quicker than the money transactions.</li>\n<li>It is adapted in various services such as hotels and restaurants.</li>\n</ul>\n<p>Furthermore, a satoshi (the smallest unit of Bitcoin) was named after <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/who-is-satoshi-nakamoto/">
Satoshi Nakamoto</strong></a>. In October of 2008, Satoshi Nakamoto issued the Bitcoin <strong>whitepaper</strong> and the very first block was created in January of the following year.</p>\n<p>1 Bitcoin = 1,000 μBTC = 100,000,000 satoshi</p>\n<p>However, units larger than BTC are:</p>\n<p>1daBTC (deca Bitcoin) is equal to 10 BTC</p>\n<p>1hBTC (hecto Bitcoin) is equal to 100 BTC</p>\n<p><strong>1kBTC (kilo Bitcoin) is equal to 1,000 BTC</strong></p>\n<p>1MBTC (mega Bitcoin) is equal to 100,000 BTC</p>\n<p>All in all, Bitcoin was designed to be a word for a new sort of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">peer-to-peer monetary system as well as the system's primary currency. Bitcoins, or BTC as they are abbreviated, have risen to prominence as the dominant cryptocurrency and the first monetary system based on blockchain technology.</p>","level":"hard","meta_title":"What is MilliBitcoin? Definition & Meaning | Crypto Wiki","meta_description":"MilliBitcoin meaning: MilliBitcoin - is a sub-unit of Bitcoin, which is equivalent to the one-thousandth of a BTC.","meta_keywords":null,"language":"en","created_at":"2022-03-22T13:53:23.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-millibitcoin"},"prevSection":{"id":496,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Metaverse?","slug":"what-is-metaverse","section":"M","keyword":"Metaverse","status":"published","definition":"a digital universe with all of the characteristics, economics, and activities of the actual world.","content":"<p><strong>The metaverse is an idea of a permanent, online, 3D universe, that integrates many virtual environments.</strong> In other words, it is essentially a digital universe that has all of the real-world features. People are able to socialize, work, play and even do business within the metaverse.</p>\n<p>Even though the metaverse does not yet exist in its entirety, several platforms feature metaverse-like aspects. At the moment, video games give the closest metaverse perspective available. </p>\n<p>Creators have expanded the definition of a game by organizing in-game events and building virtual economies.</p>\n<p>Moreover, metaverse can be identified by a few or all of these features:</p>\n<ul>\n<li><strong>Open content. </strong>Unlike prior forms of digital worlds, the material and sensations within metaverses may be developed collaboratively by companies and people. In essence, users are projected to ultimately supply the vast magnitude of the material in the metaverse.</li>\n<li><strong>Economy.</strong> There is a perfectly operating economy in the metaverse. It purchases, sells, and trades goods and commodities in the metaverse using a native, blockchain-based currency.</li>\n<li><strong>Real-time. </strong>Everything happens there in actual time. This does not automatically entail real-time, but pre-recorded acts, for instance, can be activated, yet consumers perceive them in a timely manner.</li>\n<li><strong>Physical bridge. </strong>In virtual reality, the metaverse can coexist with or even be connected to the actual world. Consider adding a virtual layer on top of or related to genuine geographical coordinates. This is in contrast to virtual reality metaverses, which live solely in a virtual realm.</li>\n</ul>\n<p>Many initiatives in the blockchain and crypto sector are developing variations of their own digital worlds using other upcoming technologies such as artificial intelligence and extended reality such as <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-virtual-reality-vr/">VR and AR</strong>. The idea of the metaverse is growing rapidly among large IT organizations as well. In practice, it is hard to determine its form.</p>\n<p><strong>The word \"metaverse\" is frequently used to define an environment in which system users may locate every single piece, invention, experience, and interaction in a connected, and most crucially, permanent place.</strong></p>\n<p>In fact, there are several existent metaverses that may be attributed to using various names and words. The term stems from the Greek words \"meta\" (beyond) and \"universe,\" which relate to all existent matter and space. As a result, the phrase \"metaverse\" extends far more than what is evident and familiar.</p>","level":"medium","meta_title":"What is Metaverse? Definition & Meaning | Crypto Wiki","meta_description":"Metaverse meaning: Metaverse - is a digital universe with all of the characteristics, economics, and activities of the actual world.","meta_keywords":null,"language":"en","created_at":"2022-03-22T13:38:39.000000Z","updated_at":"2023-02-23T09:13:14.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-metaverse"},"currentChapter":"M","currentSection":"what-is-micropayment","chapterTitle":"M","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-micropayment","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter M
What is Micropayment?
Micropayment MEANING:
Micropayment -
a small transaction (can be less than a dollar or even a fraction of a cent) that is made online.
Let's find out Micropayment meaning, definition in crypto,
what is Micropayment,
and all other detailed facts.
A micropayment has been identified as a means to improve the quick online transfer of royalties, gratuities, pay-per-click advertising, small-scale freelancing services, and cryptocurrency exchanges.
Depending on the company, the definition or size of a micropayment may change. For example, some organizations might define micropayments as transactions worth less than a dollar, while others may define the value as $10 or $20.
In terms of the concept itself, technology futurist and philosopher Ted Nelson invented micropayments in the 1960s as a method for individual copyrights on internet material. He had imagined micropayments in the ten-thousandths of a cent range. This tiny size would enable customers to pay for online content and the establishment of low-cost networks.
The most recent technological advancements have greater attention and participation in the digital world. Fintech, or financial technology, is an emerging business devoted to making financial products accessible to all users at a low cost.
The platforms created for micropayments operate in several ways:
- Firstly, micropayments can be used when a merchant or payment provider has an established account with a third-party micropayment supplier that gathers, saves, and administers the payments. Such payments are saved in a digital wallet maintained by the supplier until they aggregate to a bigger sum, at which point they are paid out to the beneficiary.
- Then there's the approach that uses a prepaid method. In this case, a user opens an account with a micropayment processor and deposits a certain quantity of funds into the account. When the provider is used by an e-commerce platform, the user's account with the provider can simply be deducted from the dollar amount of the transaction. This signifies that the user pays using a micropayment processing account.
All in all, in contrast to an advertising-based strategy, micropayments allow consumers to pay for online content and enable the establishment of low-cost networks.
