Topic: Minimum limit for buying BTC - page 4. (Read 7246 times)
Most exchanges I have seen they have put a limit of 0.01 btc which is approximately 4 dollars to buy or sell bitcoin. but if you are talking about face to face exchange, I think the minimum limit can be anything depends on the agreement between the buyer and the seller
No needs to use limits of other people. Your own limit is how much bitcoins you can purchase without impact on your routine life like food, car, etc.
You need to determine it for yourself.
You need to determine it for yourself.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all.
Some exchanges do handle a minimum fee to deposit. It depends on their deposit fee.
Suppose coinbase charges 0.0002 BTC on every deposit and kraken charges a withdrawal fee of 0.0002 (this mean you should min. deposit 0.0002 BC)
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all.
Ya it is correct the minimum for buying is the minimum transaction fees for that exchange is , because even if you are buying one sathoshi but the fees would be high so automatically you have to calculate your buying with the transaction fees. So now i think so many have given you examples of minimum buying limit.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all.
I am actually not sure or a minimum limit for buying Bitcoin. Why would there be a limit if you will buy a bitcoin. If you have enough money you can buy as much as you can. If I would have the money as yours I would buy bitcoin for it has a good value in the future..
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes it depends on the exchanges on from where you want to buy bitcoin, But I think you yourself must also have some mind to keep a minimum limit for you as you should have to buy bitcoin for atleast $0.10, if you want for less than what will you do with bitcoin of worth $0.01.But that is hard to have that. Because it is really hard to make some profit because you must wait a long time for some profit.
In theory:
X: Quantity
Y: BTC o Fractions of it.
A)From wallet to wallet to get X of Y: Network transactions fee + X
B)Thru an exchange to get X of Y : Network transactions fee + Exchange charges + X
But strictly speaking you can get a min buy using A) where X > 0 satoshies.
Just now: You coud spend 10,000 sat to buy 1 sat then you would are in a loss, So strictly speaking again
min. buy are 20,000 sat. - 10,000 sat of Network transactions fee to get 10,000 sat.
then there are two answers at least one given by the system and another given by common sense of each one.
X: Quantity
Y: BTC o Fractions of it.
A)From wallet to wallet to get X of Y: Network transactions fee + X
B)Thru an exchange to get X of Y : Network transactions fee + Exchange charges + X
But strictly speaking you can get a min buy using A) where X > 0 satoshies.
Just now: You coud spend 10,000 sat to buy 1 sat then you would are in a loss, So strictly speaking again
min. buy are 20,000 sat. - 10,000 sat of Network transactions fee to get 10,000 sat.
then there are two answers at least one given by the system and another given by common sense of each one.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes it depends on the exchanges on from where you want to buy bitcoin, But I think you yourself must also have some mind to keep a minimum limit for you as you should have to buy bitcoin for atleast $0.10, if you want for less than what will you do with bitcoin of worth $0.01. minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all.
Some exchanges do handle a minimum fee to deposit. It depends on their deposit fee.
Suppose coinbase charges 0.0002 BTC on every deposit and kraken charges a withdrawal fee of 0.0002 (this mean you should min. deposit 0.0002 BC)
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often.
i have bought some bitcoin from bittylicious before and only paid a few pence, i would say they have to have a limit somewhere.
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
You can purchase or sell as little as 1.00 in your local currency worth of bitcoin ($1 or €1 for example)
Before using any service, it is a good idea to look for reviews and feedback from previous customers. This can be done by performing a Google search of the name of the website or company.
Before using any service, it is a good idea to look for reviews and feedback from previous customers. This can be done by performing a Google search of the name of the website or company.
When buy there is no limit yet, if you put a cent you will get only dust of bitcoin(satoshi)
All depends on your budget.
But when you sell it min to sell is 0.0001BTC/1 mBtc.
All depends on your budget.
But when you sell it min to sell is 0.0001BTC/1 mBtc.
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.
i dont put a limit when i have a plan to buy bitcoins,and i also think everyone will not do this. minimum limit for buying bitcoins is decided by exchange,and also people who sell to other people have their own rules,ussually they have minimum limit at 0.005 or less.
I think it's so individual for different people, smbd can buying 5 coins per week, smbd can buy 10 coins everyday, limit it's your own capabilities and needs
Canada:
Due to the low price of the current Canadian Dollars the minimum here you can buy in bitcoins is 0.0002BTC, it's pretty much impossible to just get a few Satoshis. Why? Because Bitcoins are hard to get in Canada, you must have a Credit Card if you want to buy them online, Visa/Mastercard. Even then it's hard to find somewhere to buy them because most of the websites require Identity & Address verification, wich are hard to give from here, especially in Québec(Canada).
Unfortunately that is where I live, but fortunately it makes me one of the only buyer/seller from Canada, Québec. Trading is pretty much what I do all day here, it gives me the opportunity to make some extra cash.
Due to the low price of the current Canadian Dollars the minimum here you can buy in bitcoins is 0.0002BTC, it's pretty much impossible to just get a few Satoshis. Why? Because Bitcoins are hard to get in Canada, you must have a Credit Card if you want to buy them online, Visa/Mastercard. Even then it's hard to find somewhere to buy them because most of the websites require Identity & Address verification, wich are hard to give from here, especially in Québec(Canada).
Unfortunately that is where I live, but fortunately it makes me one of the only buyer/seller from Canada, Québec. Trading is pretty much what I do all day here, it gives me the opportunity to make some extra cash.
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