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Topic: Minimum Bitcoin amount to be sent - page 2. (Read 348 times)

newbie
Activity: 6
Merit: 2
July 22, 2020, 12:18:58 PM
#3
Can the person to buy send me $1 bitcoin?
Yes. Though this would only be a good idea if you're a using a wallet whereas you can choose your own transaction fees.

Is Binance suitable for the process?
Binance[1] has a withdrawal fee of 0.0004 BTC, which is around $3.74 in current prices, so that really wouldn't be a good idea. In fact, withdrawing $1 on any exchange wouldn't be a good idea because exchanges has a constant withdrawal fee regardless of the withdrawal amount.


[1] https://www.binance.com/en/fee/deposit

Can you make suggestion to bitcoin wallet? and thanks
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 22, 2020, 12:05:31 PM
#2
Can the person to buy send me $1 bitcoin?
Yes. Though this would only be a good idea if you're a using a wallet whereas you can choose your own transaction fees.

Is Binance suitable for the process?
Binance[1] has a withdrawal fee of 0.0004 BTC, which is around $3.74 in current prices, so that really wouldn't be a good idea. In fact, withdrawing $1 on any exchange wouldn't be a good idea because exchanges has a constant withdrawal fee regardless of the withdrawal amount.


[1] https://www.binance.com/en/fee/deposit
newbie
Activity: 6
Merit: 2
July 22, 2020, 12:03:30 PM
#1
Hello, I want to sell something that costs $ 1 but that amount is very low. And question is: Can the person to buy send me $1 bitcoin? Is Binance suitable for the process?
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