Crypto Terms: Letter M

What is Microtransaction?

Microtransaction MEANING:
Microtransaction - a business model of making payments in very small sums for goods and services.
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Let's find out Microtransaction meaning, definition in crypto, what is Microtransaction, and all other detailed facts.

A microtransaction is a business model used to make very small payments for digital goods and services. Microtransactions are commonly used in digital games to buy small items such as skins or boosters. Some platforms accept cryptocurrencies as a valid method of payment. Bitcoin (BTC) holders can use Satoshis to cover very small payments.