Buy SATS (1000SATS)

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What is SATS?

SATS (1000SATS) is a memecoin paying homage to the pseudonymous creator of Bitcoin, Satoshi Nakamoto. SATS is the abbreviation for satoshis, the smallest unit of Bitcoin.

  • Like cents are to dollars, one satoshi is equivalent to a fraction of a Bitcoin. Each SATS token represents 0.00000001 BTC.
  • It’s important to note that SATS is considered a meme token and was developed by an unidentified team.
  • SATS is a BRC-20 token with the term ‘1000SATS’ referring to a quantity that is 1000 times the value of one SATS token.

As a meme token created by an anonymous team, SATS embraces a playful spirit in the cryptocurrency space, emphasising the cultural and historical significance of Bitcoin’s foundational unit.

How do I buy SATS?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for 1000SATS and click "Buy".
That’s it!
You now own some SATS! You can click "Go to 1000SATS Wallet" to see your SATS.

Learn more about SATS

Why Should I Trade 1000SATS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell SATS no matter what your trading experience is. Unlike other international and Australian SATS exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy SATS with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade SATS how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your SATS?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your SATS for free.

Cold Storage

If you are holding SATS as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy SATS. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for SATS. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
SATS has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As SATS is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual SATS exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in SATS & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying SATS safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your SATS portfolio here.
Yes! With CoinSpot you can convert your SATS to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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