As of October 2020, 1 microbitcoin is worth approximately $0.0002.
This price is subject to change, however, as the value of bitcoin is highly volatile.
Microbitcoin, or μBTC, is a unit of the cryptocurrency bitcoin. It is one millionth of a single bitcoin (0.
000001 BTC). The microbitcoin was created to allow for smaller and more precise transactions than are possible with the standard bitcoin unit.
The value of the microbitcoin has fluctuated greatly since its creation. In early 2010, one μBTC was worth less than a thousandth of a cent. By late 2013, the value had risen to around $0.01, and in early 2017 it reached nearly $0.
30. Since then, the value has fluctuated between about $0.10 and $0.20.
The volatility of the microbitcoin’s value makes it an impractical currency for most purposes. However, it remains popular among bitcoin traders and investors as a way to speculate on the future price of bitcoin.