The unit of measurement of BTC is ‘Satoshi’, which was named in honour of the founder of Bitcoin, Satoshi Nakamoto. A satoshi represents the smallest unit of a Bitcoin and there are 100,000,000 satoshis per one bitcoin . Assume that you have bought a coin that is worth $0.20 each, and it doubled in value to $0.40.
Read moreHow do I calculate bitcoin profit?
How do you calculate crypto profit? You calculate crypto profit by subtracting the selling price from the cost price of the cryptocurrency . That is one of the simplest ways to calculate your profit and loss.
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