MicroBitcoin (uBTC)
By CoinGecko | Updated on Mar 03, 2020
One millionth of a bitcoin or 0.000001 of a bitcoin.
Related Terms
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.