Item: MBTC
Rating: 3.00

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WikiBit Risk Alerts

Previous Detection 2024-11-21

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

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MBTC, or Millibitcoin, is a unit of Bitcoin. Specifically, one Bitcoin is equivalent to 1,000 MBTC. This smaller unit allows for more flexible transactions and easier handling of fractional Bitcoin amounts.

‌Usage‌: MBTC is useful for transactions where the full Bitcoin unit is too large, enabling more precise and varied transaction values.

‌Value‌: The value of MBTC is directly tied to the value of Bitcoin, with 1,000 MBTC equal to one Bitcoin.

‌Availability‌: MBTC can be used on various cryptocurrency exchanges and platforms that support Bitcoin transactions.

‌Advantages‌: Offers a more granular approach to Bitcoin transactions, making it easier to manage and trade smaller amounts of the cryptocurrency.

MBTC provides a convenient way to handle Bitcoin transactions with greater precision and flexibility. As a fractional unit of Bitcoin, it allows for more versatile use of the cryptocurrency in various transactions and applications.