Minimum limit for buying BTC - page 5.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: rio3233 on March 16, 2016, 08:09:00 AM

Quote from: Jezze on November 19, 2015, 04:58:36 PM

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.

rio3233

sr. member

Activity: 434

Merit: 250

Quote from: Jezze on November 19, 2015, 04:58:36 PM

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.

romero121

legendary

Activity: 3206

Merit: 1213

casinosblockchain.io

Quote from: hasiramasenju on March 14, 2016, 01:42:25 PM

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.

hasiramasenju

legendary

Activity: 980

Merit: 1000

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

Kprawn

legendary

Activity: 1904

Merit: 1074

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

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: eternalgloom on January 06, 2016, 02:02:33 PM

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.

Flodemaga

sr. member

Activity: 286

Merit: 250

There is no limit for buying bitcoin or other currencies. In the Poloniex, you can spend 0.0001 bitcoin to buy other coins.

diodio5

hero member

Activity: 490

Merit: 500

i think if you buy in someone people not in exchanger. You can buy any bitcoin, which you want. without any limitation of purchase

The Sceptical Chymist

legendary

Activity: 3458

Merit: 6948

Top Crypto Casino

Quote from: bitlancr on January 04, 2016, 04:39:05 PM

Quote from: richardsNY on January 04, 2016, 12:10:55 PM

Quote from: HarizDB on January 04, 2016, 09:25:15 AM

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.

romero121

legendary

Activity: 3206

Merit: 1213

casinosblockchain.io

Quote from: Dr.Osh on January 07, 2016, 12:43:36 PM

Quote from: mouneshwar123 on November 20, 2015, 02:23:54 AM

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.

Imran.shamsi

newbie

Activity: 34

Merit: 0

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

Dr.Osh

legendary

Activity: 2758

Merit: 1004

PredX - AI-Powered Prediction Market

Quote from: mouneshwar123 on November 20, 2015, 02:23:54 AM

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

zodiac3011

hero member

Activity: 770

Merit: 500

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

eternalgloom

legendary

Activity: 1792

Merit: 1283

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.

Indrawan77

hero member

Activity: 1274

Merit: 516

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

bitlancr

hero member

Activity: 616

Merit: 500

Quote from: richardsNY on January 04, 2016, 12:10:55 PM

Quote from: HarizDB on January 04, 2016, 09:25:15 AM

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).

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: HarizDB on January 04, 2016, 09:25:15 AM

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

hawkins

hero member

Activity: 1204

Merit: 500

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

HarizDB

member

Activity: 98

Merit: 10

I wouldn't recommend anyone buying small amounts on a regular basis, IF the transactions fees are high.

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: Sir_lagsalot on November 19, 2015, 05:29:17 PM

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.

Topic: Minimum limit for buying BTC - page 5. (Read 7223 times)