What is the minimum amount of money required to buy Bitcoin?
Landon MossDec 18, 2021 · 3 years ago3 answers
I'm interested in buying Bitcoin, but I'm not sure how much money I need to get started. Can you tell me what is the minimum amount of money required to buy Bitcoin?
3 answers
- Dec 18, 2021 · 3 years agoThe minimum amount of money required to buy Bitcoin can vary depending on the exchange you use and the current price of Bitcoin. Generally, you can buy a fraction of a Bitcoin, so you don't need to invest a large amount of money. Some exchanges allow you to buy as little as $10 worth of Bitcoin. However, keep in mind that transaction fees may apply, so it's important to consider those as well.
- Dec 18, 2021 · 3 years agoTo buy Bitcoin, you don't need a specific minimum amount of money. You can start with as little as you want. Bitcoin is divisible, which means you can buy a fraction of a Bitcoin. So, even if you only have $10, you can still buy a small portion of a Bitcoin.
- Dec 18, 2021 · 3 years agoWhen it comes to buying Bitcoin, the minimum amount of money required can vary depending on the exchange you choose. For example, at BYDFi, the minimum amount you can invest is $50. However, it's important to note that this minimum investment amount may change over time, so it's always a good idea to check with the exchange for the most up-to-date information.
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