I have a renewal that only will take BTC/SATS.
It gives me a QR code. which CDC doesnt recognize. and a wallet address. I know CDC doesnt sell SATS. but I do have some BTC I can send. But how?
I dont see where I can send fractional BTC to a wallet address.
I opened 2 other exchanges and noticed the USD to SATS is crazy??
The renewal is about 127k SATS. and claims its about $95.00usd.
But on OKX exchange. $95usd is over 6billion SATS????
Please advise. I am totally lost.
How do I use BTC to pay for something?
byu/EstimateIll4262 inBitcoin
Posted by EstimateIll4262
7 Comments
You need to convert those SATS to regular BTC first – 127k sats is actually 0.00127 BTC (just move decimal 8 places). The exchange showing 6 billion sats for $95 sounds way off, maybe they have different unit or something wrong there.
For sending from CDC, look for option to send specific amount in BTC rather than dollars, then just paste the wallet address they gave you. Most exchanges let you send any fraction of BTC you want.
Learn the basics first. From what you write, I can tell this is way over your head at the moment.
Learn about sats, exchange rates, addresses, wallets, private & public keys, exchanges, transactions, signing, broadcasting, etcetera.
Generally bitcoin on exchanges is always BTC/USD. If you see sats, it is probably an altcoin https://www.coingecko.com/en/coins/sats-ordinals
Buy the right thing. On OKX this is bitcoin: https://www.okx.com/en-us/trade-spot/btc-usd Other things are not bitcoin.
I am not sure about half of the things you’re referring to.
But I can tell you, the **only** thing you need to send Bitcoin somewhere is:
1. Bitcoin in a non-custodial wallet of yours, and
2. The receiving party’s Bitcoin address (likely `bc1q…`, maybe `1…`).
That’s it!
You should withdraw your BTC from the exchange you have it on to a non-custodial wallet. BlueWallet (on iOS/Android) is a good choice.
Then send the Bitcoin onwards to the intended recipient’s address.
Sounds like you need a lot of help. Here is only a little:
In the Bitcoin cryptocurrency, the “**satoshi**” is the **smallest fractional unit of Bitcoin**. Like the penny is to the dollar:
1 dollar = 100 pennies (never changes)
1 BTC = 100,000,000 Satoshis (never changes)
There is **another cryptocurrency confusingly named Satoshis (SATS)**. It’s exchange rate changes all. the time. My advice is to ignore this memecoin (unless you accidentally bought some). Someone asking for payment in Bitcoin is almost certainly not asking for this BRC-020 token, and **the addresses of one won’t work on the other.**
Send your btc from CDC to a hardware or in this case, software wallet maybe better, try bluewallet for instance. This wallet will recognize the QR code that you mention.
But maybe, like some have mentioned here, this might be way to early and maybe a bit complicated for you. So yeah, learn a bit more about BTC and sats first. You’ll get there 😉
You can send BTC in fractions, sats are just small units of BTC, 127k sats is about 0.00127 BTC. Use the correct network and format, some apps don’t support certain QR types like Lighting. Try copying the wallet address manually and send that exact BTC amount. Keep in mind fees and network type, sending on the wrong network can lose funds. Check if the payment is Lighting or on chain first.