Ramazan Eles 
The BRC-20 token Sats (1000SATS) stands out as an altcoin created to honor Bitcoin’s (BTC) creator, Satoshi Nakamoto. This article will explore what Sats and 1000SATS Coin are, how to buy them, and provide some insights into their future potential, especially after their recent listing on Binance.
What is 1000SATS Coin?
Sats, launched by an anonymous team, is a token created to pay tribute to Bitcoin’s anonymous creator, Satoshi Nakamoto. Sats is a shortened form of Satoshi, the smallest unit of Bitcoin, where one Satoshi equals 0.00000001 BTC. 1000SATS represents one thousand Satoshis.
1000SATS is a type of BRC-20 token. The BRC-20 token standard is an experimental token standard that allows the minting and transferring of NFTs on the Bitcoin Blockchain using ordinals. This standard closely resembles the ERC-20 token standard found on Ethereum (ETH) and other EVM Blockchains.
1000SATS Coin Analysis
1000SATS Coin is a BRC-20 token with a limited supply of 2.1 trillion units. BRC-20 tokens are created on Bitcoin ordinals by embedding JSON data on Satoshis. This method is also applied to 1000SATS.
The JSON defining the core properties of a BRC-20 token is similar to smart contract tokens. However, unlike smart contracts, which can be modified, ordinals are immutable once inscribed on a Satoshi, meaning they cannot be altered by any party.
1000SATS Coin leverages the popularity and prestige of Bitcoin, as well as its security and decentralization. Like other cryptocurrencies, it can be transferred peer-to-peer.
While BRC-20 tokens function like regular tokens, they are supported by a different backend technology and are created differently. BRC-20 tokens are minted by the Bitcoin community after setting up an ordinal wallet, and there is usually a supply cap that cannot be exceeded.
How to Buy 1000SATS Coin
1000SATS Coin can be traded on Binance, the world’s largest cryptocurrency exchange by trading volume. It was listed on Binance on December 12, 2023, and is available for trading in 1000SATS/USDT, 1000SATS/FDUSD, and 1000SATS/TRY pairs.
To buy 1000SATS, you must first sign up for an account on Binance if you haven’t already. After completing the registration, transfer cryptocurrency or fiat currency like Turkish lira to your Binance wallet. Once the transfer is complete, you can purchase 1000SATS Coin through any of the three available pairs.
To make a purchase through the 1000SATS/USDT trading pair on Binance, navigate to the pair’s trading interface. In the “Limit” tab, enter the amount you want to buy. After entering the desired amount, complete the purchase by placing a “Buy 1000SATS” order.
You can buy 1000SATS on the Binance exchange. If you don’t have a Binance account, you can register here with a commission discount.
By following these steps, you can safely and securely acquire 1000SATS Coin on Binance, one of the most trusted cryptocurrency exchanges in the world.
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