Pages:
Author

Topic: Minimum limit for buying BTC - page 5. (Read 7246 times)

legendary
Activity: 2674
Merit: 1048
March 16, 2016, 08:03:59 AM
#56
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.
I have minimum limit for buying bitcoins. It's 0.2 bitcoins per week. Because i am a gambler so everyweek i need to buy 0.2 bitcoins if i lose all my bankroll for gambling.
So you never buy bitcoin lower than 0.2 ever? It is around  $80 , you spend it every week just for gamble? Quiet high amount for people with $400 wage per month like me.

I never limit to buy bitcoin, and what for we limit minimum to buy bitcoin? It will not take effect to anything right? The question a little bit strange.
sr. member
Activity: 434
Merit: 250
March 16, 2016, 07:09:00 AM
#55
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

I have minimum limit for buying bitcoins. It's 0.2 bitcoins per week. Because i am a gambler so everyweek i need to buy 0.2 bitcoins if i lose all my bankroll for gambling.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
March 15, 2016, 02:02:33 AM
#54
actually i don't have minimum limit for buying bitcoin because it all depend on my limit budget
and honestly i didn't ever buy huge amount of bitcoins because i don't have enough money to do so

There is no minimum limit to buy, most exchanges will provide from few dollars itself. Only the transaction fee depends. So to avoid very minimal buying its better to earn through different ways possible.
legendary
Activity: 980
Merit: 1000
March 14, 2016, 12:42:25 PM
#53
actually i don't have minimum limit for buying bitcoin because it all depend on my limit budget
and honestly i didn't ever buy huge amount of bitcoins because i don't have enough money to do so
legendary
Activity: 1904
Merit: 1074
March 14, 2016, 11:31:27 AM
#52
The minimum limit, would always be higher than whatever fee any of these services charge for you to acquire those Bitcoins. Nobody would buy $2 worth of Bitcoins for instance, if it cost you $3 in fees

to acquire it. That said.. if you knew the $2 worth of Bitcoin will double or triple in value, you might be motivated to pay that fee, but it would be stupid.. because nobody has any guarantees for what

the price will be in the future other than speculation.  Roll Eyes
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
March 14, 2016, 10:09:25 AM
#51
Here in Belgium I can buy the equivalent of 1 euro in Bitcoin through a service called bitonic (based in The Netherlands).
You can pay with online banking, which is pretty handy for me personally..

I've noticed they have pretty high fees lately, so might still change services in the future.

Isn't it more convenient to buy small amounts of BTC right here, on this forum? I have never done it myself but I thought those kind of deals have been made here.
sr. member
Activity: 286
Merit: 250
March 14, 2016, 09:59:51 AM
#50
There is no limit for buying bitcoin or other currencies. In the Poloniex, you can spend 0.0001 bitcoin to buy other coins.
hero member
Activity: 490
Merit: 500
February 04, 2016, 08:17:33 AM
#49
i think if you buy in someone people not in exchanger. You can buy any bitcoin, which you want. without any limitation of purchase
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
February 04, 2016, 07:39:06 AM
#48
I wouldn't recommend anyone buying small amounts on a regular basis, IF the transactions fees are high.

What do you consider to be a small amount?

Here are some of the fees that exchange charge to withdraw BTC.

Btc-e : 0.001 BTC
Kraken : 0.0005 BTC
Bitfinex : Free
Bitstamp : Free

Wow i thought kraken was expensive but btc-e is even more expensive.

Bittrex and C-Cex charges 0.0002 BTC, (to complete your list).
Just to add to this list,  Yobit is 0.0002 btc.  I don't find that too bad.  I don't remember exactly but I think Cryptsy was more than that, R.I.P.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 04, 2016, 07:33:24 AM
#47
There is no such limit if you buy in person from someone, You can buy even few satoshi's. Few Exchanges have a minimum limit and few transactions have a fixed fee, In that case buying like 0.1 BTC will do.
I guess it was around 0.1 BTC, or they also sell the dollar, for example, like if you buy a $ 5 you will be provided 0:01 BTC, I guess that's how they sell dollars in order for them to benefit

There is no minimum limit. Its based on traders, some used to sell only higher value of bitcoins. Better to get the least by joining signature campaigns.
While you go for a minimum trade they will have a very minimal transaction charge, this can be eliminated if you earn your own bitcoin.
newbie
Activity: 34
Merit: 0
February 04, 2016, 04:58:51 AM
#46
In my opinion, there's is no minimum limit for buying BTC . you  buy at least 0.001 because that's the least amount . Anyway I suggest buying at least a dollar or two Grin
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
January 07, 2016, 11:43:36 AM
#45
There is no such limit if you buy in person from someone, You can buy even few satoshi's. Few Exchanges have a minimum limit and few transactions have a fixed fee, In that case buying like 0.1 BTC will do.
I guess it was around 0.1 BTC, or they also sell the dollar, for example, like if you buy a $ 5 you will be provided 0:01 BTC, I guess that's how they sell dollars in order for them to benefit
hero member
Activity: 770
Merit: 500
January 07, 2016, 11:16:25 AM
#44
In my opinion, there's is no minimum limit for buying BTC at all. However you should buy at least 0.001 because that's the least amount that the node accepts to process it Grin (sent with electrum, fee around 0.00015, inputs < 4) well that's the lowest. Anyway I suggest buying at least a dollar or two Grin
legendary
Activity: 1792
Merit: 1283
January 06, 2016, 01:02:33 PM
#43
Here in Belgium I can buy the equivalent of 1 euro in Bitcoin through a service called bitonic (based in The Netherlands).
You can pay with online banking, which is pretty handy for me personally..

I've noticed they have pretty high fees lately, so might still change services in the future.
hero member
Activity: 1274
Merit: 516
January 06, 2016, 05:53:33 AM
#42
I think there is a limit for buying bitcoin and if you buy below 10.000 satoshi usually they wont sell for you and then if you buy too little you also need to pay transaction fee..so you will lost more money
hero member
Activity: 616
Merit: 500
January 04, 2016, 03:39:05 PM
#41
I wouldn't recommend anyone buying small amounts on a regular basis, IF the transactions fees are high.

What do you consider to be a small amount?

Here are some of the fees that exchange charge to withdraw BTC.

Btc-e : 0.001 BTC
Kraken : 0.0005 BTC
Bitfinex : Free
Bitstamp : Free

Wow i thought kraken was expensive but btc-e is even more expensive.

Bittrex and C-Cex charges 0.0002 BTC, (to complete your list).
legendary
Activity: 1232
Merit: 1091
January 04, 2016, 11:10:55 AM
#40
I wouldn't recommend anyone buying small amounts on a regular basis, IF the transactions fees are high.

What do you consider to be a small amount?

Here are some of the fees that exchange charge to withdraw BTC.

Btc-e : 0.001 BTC
Kraken : 0.0005 BTC
Bitfinex : Free
Bitstamp : Free
hero member
Activity: 1204
Merit: 500
January 04, 2016, 10:53:10 AM
#39
I guess every bitcoin exchanger or seller has its own limits for minimum purchases bitcoin, maybe that range from 0005 until 0:01 BTC for a purchase with a minimum purchase
member
Activity: 98
Merit: 10
January 04, 2016, 08:25:15 AM
#38
I wouldn't recommend anyone buying small amounts on a regular basis, IF the transactions fees are high.
legendary
Activity: 1120
Merit: 1004
January 04, 2016, 08:16:27 AM
#37
Well, you can "buy" a few satoshi from a faucet Grin

Well I guess the minimum in my country is one cent of vision, as that's the lowest possible denomination of the Australian dollar. Since that is also the minimum that can be transacted, I guess that's the minimum amount of bitcoin you can buy.

Maybe in another country you can buy a few satoshi, due to the low denominations. But none will want to sell a few satoshi xD

I don't think you'll be able to buy for 1c, due to the fees that are taken by the exchanges. I think it's more 3c or 4c, but I may be wrong.
Pages:
Jump to: