Certified Bitcoin Professional Practice Exam

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Prepare for the Certified Bitcoin Professional Exam with interactive quizzes and multiple choice questions. Enhance your knowledge of Bitcoin and blockchain technology, and boost your confidence for exam day. Begin your journey to certification now!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How many units can one Bitcoin be subdivided into at most?

1 million
10 million
100 million
1 billion

The correct answer is: 100 million

A single Bitcoin can be subdivided into 100 million smaller units known as satoshis. This subdivision is named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The ability to divide Bitcoin into such small units allows for greater flexibility in transactions, enabling users to transact with very small amounts of Bitcoin, facilitating microtransactions and improving its usability as a means of exchange. Each satoshi is one hundred millionth of a Bitcoin (0.00000001 BTC), which poses a practical advantage for users and merchants as it allows for precise transactions down to the smallest fraction. This divisibility is important because it accommodates various transaction sizes and values, making it accessible for users who may want to buy goods or services at lower prices or invest in smaller amounts. The options that suggest fewer subdivisions do not reflect Bitcoin's true capabilities, as the currency was designed to support such a high degree of granularity in its unit structure, thereby enhancing its utility and adoption.