Sats (1000SATS) is a type of BRC-20 token created as a tribute to Bitcoin (BTC) 
$94,252‘s anonymous creator, Satoshi Nakamoto. This article answers many questions, such as what Sats is, what 1000SATS coin is, and where to buy it, as it was recently listed on the major cryptocurrency exchange Binance.
What Is Sats?
Sats is a BRC-20 token created to honor Bitcoin’s inventor, Satoshi Nakamoto. It represents one thousand units of Bitcoin’s smallest denomination, the Satoshi. Sats, a type of BRC-20 token, is created via Bitcoin ordinals and is defined using JSON scripts.
As is known, BRC-20 tokens can be freely minted by the Bitcoin community after the creation of an ordinal wallet. These tokens operate on immutable ordinals rather than smart contracts and cannot be altered once created. Although they function similarly to ordinary tokens, BRC-20 tokens are supported by an entirely different backend technology and are created uniquely. Typically, BRC-20 tokens have a supply limit, and the total minting cannot exceed this cap.
The supply of 1000SATS coin is limited. Its total supply is capped at 2.1 trillion coins. Utilizing the strong security and decentralization of the Bitcoin network, 1000SATS coins can be transferred peer-to-peer.
Where to Buy 1000SATS Coin?
To purchase 1000SATS coin, you must first register on the Binance exchange if you don’t already have an account. After completing the registration process, you should transfer fiat currency, such as USD, or cryptocurrency to your Binance wallet. Once the transfer is completed, you can buy 1000SATS coin in any of the three trading pairs mentioned above.
To buy 1000SATS using the 1000SATS/USDT trading pair, navigate to the trading interface of this pair. Enter the desired amount in the designated field under the limit tab of the interface. After entering the amount, complete the purchase by placing a Buy 1000SATS order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
