<p>An mBTC is just 0.001 BTC, like a cent is 0.01 dollar.</p>

CC BY-SA 4.0
2021-05-31T01:32:40.313Z
Okay, thank you. The wallet balance is recorded in mBTC, so that means it's still bitcoin but quantified differently, correct?
Ruben Oliver
CC BY-SA 4.0
2021-05-31T01:55:57.037Z
This is the same as asking whether the gas price is 2.53 $ per gallon or 253 cents per gallon. Both are equally correct, they're just different representations of the same thing. If you configure Electrum to show amounts in mBTC, it'll show mBTC. It can probably also show it in satoshis (0.00000001 BTC) or bits (0.000001 BTC) or BTC itself.
Pieter Wuille
CC BY-SA 4.0
2021-05-31T05:56:08.200Z
Ah okay great, thank you. I was under the impression they were entirely different currencies, I apologize if it was a dumb question
Ruben Oliver
CC BY-SA 4.0
2021-05-31T06:30:48.627Z
There are no dumb questions, I'm happy it was easy to clarify.
Pieter Wuille
CC BY-SA 4.0
2021-05-31T01:14:01.207Z
2021-05-31T01:14:01.207Z
Pieter Wuille
<p>I notice that electrum works with mBTC, but I wanted to set up a BTC wallet. Are they the same thing, or interchangeable? I'm fairly new to wallets, so I apologize if this is a very easy or stupid question.</p>
<p>Thank you for your help.</p>

<wallet><electrum>
Does Electrum receive BTC as well as mBTC? Or are they the same thing?
Ruben Oliver
# Does Electrum receive BTC as well as mBTC? Or are they the same thing?

(Asked by: username_0 on 2021-05-30)

I notice that electrum works with mBTC, but I wanted to set up a BTC wallet. Are they the same thing, or interchangeable? I'm fairly new to wallets, so I apologize if this is a very easy or stupid question.

Thank you for your help.

**Tags:** wallet, electrum


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## 1 answers

### Answer by username_1 on 2021-05-31. Score: 0 | Accepted answer

An mBTC is just 0.001 BTC, like a cent is 0.01 dollar.

> **Comments:**
> **username_0**: Okay, thank you. The wallet balance is recorded in mBTC, so that means it's still bitcoin but quantified differently, correct?  
> **username_1**: This is the same as asking whether the gas price is 2.53 $ per gallon or 253 cents per gallon. Both are equally correct, they're just different representations of the same thing. If you configure Electrum to show amounts in mBTC, it'll show mBTC. It can probably also show it in satoshis (0.00000001 BTC) or bits (0.000001 BTC) or BTC itself.  
> **username_0**: Ah okay great, thank you. I was under the impression they were entirely different currencies, I apologize if it was a dumb question  
> **username_1**: There are no dumb questions, I'm happy it was easy to clarify.  

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