Cryptocurrency Q&A
Can I buy 1 dollar of Bitcoin?
Can I buy 1 dollar of Bitcoin?
JamesBrown
Sat May 11 2024
|
6 answers
1632
Excuse me, I'm a bit new to this cryptocurrency world and have a question that might sound a bit odd. Is it possible to buy just 1 dollar worth of Bitcoin? I'm not sure how the transactions work and don't want to invest a large amount at first. Could you guide me on how to proceed if such a small purchase is indeed feasible? I'm keen on understanding the process and getting a feel of the market before committing to a larger sum. Thank you for your patience and assistance in this matter.
6 answers
KatanaBlade
Mon May 13 2024
Bitcoin is divisible into fractions, with each BTC divisible into 100 million satoshis.
Was this helpful?
342
29
Dario
Mon May 13 2024
This allows for the purchase of fractional amounts of Bitcoin.
Was this helpful?
362
46
SumoMight
Mon May 13 2024
Nexo does not enforce a minimum purchase amount for Bitcoin.
Was this helpful?
44
55
henry_taylor_architect
Mon May 13 2024
Nexo offers the flexibility to buy as little as $1 worth of BTC.
Was this helpful?
370
27
Nicola
Mon May 13 2024
This approach ensures Bitcoin's accessibility to all.
Was this helpful?
130
53
Load 5 more related questions
