How much is the minimum amount?

[glitch]

In terms of buying Bitcoin, I know you can buy a fraction of a coin. What is the lowest fraction and how much is it right now?

I can't seem to find any information on this. I wanted to invest at the end of the year but didn't because of this. I don't know if I could actually afford it.

 

[Mayorla]

I do not think there is minimum amount as to what you can hold in Bitcoin.
You can buy and invest as low as $1 in Bitcoin, This is dependent on what you can afford to lose. With $1 investment you can get 0.000036 Bitcoin.

 

[Ononivami]

Well, I am going to say that $1 should be the minimum amount you can buy in Bitcoin due to its high cost of transaction. However, sending $1 worth of Bitcoin is extremely worthless.

 

[Danny4cash]

I don't know the minimum bitcoin amount you can buy, especially in fraction of coin. Buy I know it's possible to buy a bitcoin as low as $1. If it's possible to buy that $1 worth bitcoin, then I don't think there's minimum amount you can buy.

 

[joy101]

it all depend on an individual, you invest depending on the capital you have,if someone has bulk money to invest on bitcoin there is nothing wrong with that,if you also have low capital to start with,there is not wrong with that,there is know specific amount to start with.

 

[Nomad]

Technically speaking, you can invest even 1 cent worth of bitcoin but the problem is how would you buy that amount, as you will be required to fund your account for buying purpose and it is not possible to fun 1 cent.

 

[Yohanna]

I think that you can buy bitcoin with the lowest amount of money, but looking into the investment angle, you would find it as a waste of time if you do not invest a significant amount of money on it.

 

[eLdavis]

It depends on the exchange platform you use or the broker you make use of. You can actually buy any amount. Most platforms even allow you to be as low as a dollar, while there are some where it is from five dollars and above.

 

[Riberet19]

Well on the platform where I have sometimes bought and is the lowest to buy is $ 2 and is in coinbase in all others the minimum amount that lets me buy is higher for example in Kraken exchange is $ 10, so that is the smallest fraction that could buy which is equivalent more or less in 7000 satoshis. (2$)

 

[Yohanna]

Well on the platform where I have sometimes bought and is the lowest to buy is $ 2 and is in coinbase in all others the minimum amount that lets me buy is higher for example in Kraken exchange is $ 10, so that is the smallest fraction that could buy which is equivalent more or less in 7000 satoshis. (2$)

In actuality, the amount of bitcoin to buy on different platforms will differ from each other and that is why you would pick the one that suit your trading style and the one that work according to your budget.

 

[Riberet19]

In actuality, the amount of bitcoin to buy on different platforms will differ from each other and that is why you would pick the one that suit your trading style and the one that work according to your budget.

I still did not find any platform that lets me buy from $ 1 of Bitcoin, the lowest as I said is Coinbase with a minimum purchase of $ 2 if you have any suggestions better I would like to know it to take it into account.

 

[Grant]

I think the minimum is around $1. I doubt most of them allow you to go below that, as they would probably be more regarded as a waste of time. So they probably set it at certain price points, like $1, $5, $10, $20 and so on. And maybe some allow you to put the exact amount you want to pay.

 

[kirubel]

Most times the minimum amount of bitcoin you can invest is limited by the platform you are going to use for purchasing bitcoin, most trading and exchanging sites limit their minimum investing amount to 10 usd, but there are many sites that allows investing as low as 1 usd, but you have to know that their is a thing called transaction fee so if you wan to invest consider this thing too.

 

[James]

If you're interested in investing in Bitcoin but are unsure about how much you can afford, it's essential to set a budget and invest only what you can comfortably afford to lose. Cryptocurrencies can be volatile, and prices can fluctuate significantly, so it's crucial to approach any investment with caution and a long-term perspective.

 

[Henrywrites]

I do not think there is minimum amount as to what you can hold in Bitcoin.
You can buy and invest as low as $1 in Bitcoin, This is dependent on what you can afford to lose. With $1 investment you can get 0.000036 Bitcoin.

This is also dependent on the crypto platform that you are using. Not every platform can be able to offer you an opportunity to own a lower amount of Bitcoin because of the charges that is always involved in processing BTC.

 

[Heatman]

I believe that it is possible for you to invest in Bitcoin with as low as $2. Although, it doesn't make any sense why anyone would be interested in just investing only $2 in Bitcoin? What's the purpose of such investment because I don't see how you can make any decent profits from such.