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BTC—ETH—BTC MAX SUPPLY21,000,000BTC MINED20,000,000+BLOCK REWARD3.125 BTCNEXT HALVING~2028BTC BLOCK TIME~10 MINETH BLOCK TIME12 SECETH TRANSFER21,000 GAS1 BTC100,000,000 SATS1 ETH1,000,000,000 GWEISTABLECOIN TARGET$1.00US CRYPTO FRAUD LOSSES 2025$11.4BCRYPTOS LISTED~17,400FIRST BLOCKJAN 3 2009

What does a bitcoin look like?

The gold coin in every news photo isn't real bitcoin. Here's what is.

BeginnerAbout 3 minutesReviewed October 26, 2026
The short answer

A bitcoin doesn't look like anything: it has no physical form. It exists only as an entry on the Bitcoin blockchain, controlled by a private key. The gold coins with a ₿ in photos are souvenirs or props, not bitcoin.

What you actually see

  • In a wallet app: a balance, such as 0.0125 BTC, and transaction history.
  • An address, where bitcoin is sent: a string of 26 to 62 letters and numbers that usually starts with bc1, 1 or 3, like bc1q… followed by about 38 more characters.
  • On the blockchain: transactions moving amounts between addresses, visible to anyone on a block explorer.

The physical "bitcoins"

Gold and silver coins with a ₿ are novelty items or stock-photo props and hold no bitcoin. A few collectible coins made around 2011–2013 (Casascius coins) had a real private key hidden under a tamper-proof sticker; they're rare collector's items. Some hardware and "paper" wallets also store keys physically.

The symbol and logo

The bitcoin symbol is ₿, added to the Unicode standard in 2017. The familiar logo is an orange circle with a tilted white ₿. The ticker is BTC (sometimes XBT).

Frequently asked questions

What does BTC stand for?

It's the ticker symbol for bitcoin, used by exchanges like a stock ticker.

Can I hold a bitcoin in my hand?

Not the bitcoin itself. You can hold a device or piece of paper storing the private key that controls it.

Where to next

Sources

  1. Bitcoin (bitcoin.org)

Written for beginners and checked against the sources listed. Last reviewed October 26, 2026. This page is educational and is not financial, tax or legal advice. How we write and check pages.