1. What Is SATS (1000SATS) Coin?
1-1. BRC-20 Standard and Satoshi Memorial Token
SATS (1000SATS) is a meme coin issued under the BRC-20 token standard, inspired by Bitcoin’s smallest unit, the "satoshi."
- BRC-20 Technology: Leverages Bitcoin’s Ordinals protocol to inscribe unique data (JSON files) onto individual satoshis, creating tradable tokens.
- Decentralized Creation: Generated through inscriptions, where text files are permanently linked to satoshis on the Bitcoin blockchain.
- Market Appeal: Gains traction as a Bitcoin-linked asset, often correlating with BTC price movements.
👉 Discover more about BRC-20 tokens
1-2. Understanding Satoshis
A satoshi (0.00000001 BTC) is Bitcoin’s smallest unit, named after its creator, Satoshi Nakamoto.
- 1000SATS Notation: Some exchanges bundle SATS in 1,000-unit increments (e.g., 1,500 SATS = 1.5 1000SATS) for user convenience.
- Conversion: 1 BTC = 100 million satoshis.
2. Key Features of SATS
2-1. BRC-20 Token Standard
- Bitcoin-Native: Operates on Bitcoin’s blockchain via Ordinals, unlike Ethereum’s ERC-20.
- Low-Cost Issuance: Eliminates smart contracts, reducing development expenses.
- Popularity: Ranks among top BRC-20 tokens by market cap, trailing only ORDI.
2-2. Smart Contract-Free Operation
- Simplicity: Transactions rely on Bitcoin’s security without complex smart contracts.
- Scalability: Enhances Bitcoin’s utility for microtransactions and niche use cases.
3. Where to Trade SATS (1000SATS)
| Exchange | Status | Trading Pair |
|---|---|---|
| Binance | Listed | 1000SATS/USDT |
| OKX | Listed | SATS/USDT |
| Bybit | Listed | SATS/USDT |
👉 Trade SATS on OKX with fee discounts
4. SATS Community and Resources
- Official Channels: Follow updates via SATS’ X (Twitter) and community forums.
FAQs About SATS (1000SATS)
Q1: Is SATS a good investment?
A1: As a meme coin, SATS carries high volatility. Its value is tied to Bitcoin’s ecosystem and community sentiment.
Q2: How do I store SATS tokens?
A2: Use Bitcoin-compatible wallets supporting BRC-20 tokens (e.g., Unisat, Ordinals Wallet).
Q3: What’s the difference between SATS and ORDI?
A3: Both are BRC-20 tokens, but ORDI was the first, while SATS focuses on satoshi tributes.
Q4: Can SATS be mined?
A4: No. SATS are inscribed, not mined—created by writing data to satoshis.
📢 Disclaimer: This content is informational only and not financial advice. Cryptocurrency investments are speculative and risky.
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