Money Talk

How do you get change using bitcoin?

Submitted by johnwey, , Thread ID: 100714

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RE: How do you get change using bitcoin?

#2
03-09-2018, 02:23 AM
johnwey Wrote:
I've been wondering...
Let's say I have a bitcoin, let's say it's worth $10,000.
And let's say I'm in Myer, an Australian company that accepts bit coin as payment
And I wanna buy a $100 shirt, but pay using bit coin
What do I get for my change?
Is the bit coin broken up into some kind of bit cents?
Thanks in advance
John

A Bitcoin can indeed be split, basically to really small fractions. You would simply send 0.01BTC to pay for the $100 t-shirt: no change, easy.

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