Cryptocurrency

Smallest Amount of Bitcoin You Can Buy | Here is An Expert Guide

A current investment trend is the purchase of bitcoins, which can generate short and long-term profits. Since its creation in 2009, cryptocurrency assets have become an investment option. Thus, the question arises, what is the smallest amount of bitcoin you can buy. Enigma that we will solve next:

Basic Information

Smallest Amount of Bitcoin You Can Buy

Currently, we find a variety of options when buying bitcoins. However, we must consider the high value of each cryptocurrency, which has an approximate value of 52,000 dollars per bitcoin. For this reason, bitcoin purchases are offered by units of them, which can be divided by 100 million parts, a method known as Satoshi. This method consists of dividing the bitcoin unit to invest small amounts in it.

Example: Bitcoin has a market value of approximately $52,000; one Satoshi would be the equivalent of 0.00055 Bitcoin. By investing 100 USD in Bitcoin, you would be buying 181,818,182 satoshis, the equivalent of 0.0018181818182 Bitcoin. 

Based on the information provided by the Nice Hash page, we provide you with the minimum purchases per cryptocurrency, which is; according to the options that arise in the current market.

Buying Bitcoins as an Investment

Smallest Amount of Bitcoin You Can Buy

Motivated by its mathematical backing, we find a safe and reliable process that you carry out using different platforms, businesses, and people. For this, you must create a digital purse or wallet, where you can receive payments and deposits. In this way, there are different ways to invest or generate bitcoins, which we will name below:

Mining bitcoins

A well-known and popular method nowadays is not simple and requires specialized hardware to carry out this process. These are expensive and require qualified personnel to handle them. The most demanded equipment manufacturer is ASIC, which offers specialized equipment to mine bitcoins. Another way of mining is to use cloud mining to rent a provider’s services to accomplish the task.

Online trading

It has a variety of brokers that allow the purchase and sale of CFDs on cryptocurrencies. It has contracts that allow trading bitcoins. So, it allows exchanges; to exchange bitcoins, you only need to have a wallet or digital wallet. It works like the stock exchange, buying and selling shares. The minimum investment is one Satoshi, which allows you to start with little capital.

Buy & Hold

The savings option is used to buy bitcoins and keep them safe. Using this method is to sell when it rises and buy when it is low to profit. Care must be taken; due to the volatility of the market.

Coin NameMarketSmallest amount (SATOSHI)
EthereumETH/BTC0.001
XRPXRP/BTC1
Bitcoin CashBCH/BTC0.001
LitecoinLTC/BTC0.01
ZcashZEC/BTC0.001
DashDASH/BTC0.001
StellarXLM/BTC1
MoneroXMR/BTC0.001
EOSEOS/BTC0.001
LINKLINK/BTC1
BATBAT/BTC1
ZRXZRX/BTC1
HOTHOT/BTC1
OMGOMG/BTC1
REPREP/BTC0.001
BTGBTG/BTC0.001
NEXONEXO/BTC1
MATICMATIC/BTC1
ENJENJ/BTC1
SNTSNT/BTC1
ELFELF/BTC1
BNTBNT/BTC1
KNCKNC/BTC1
POLYPOLY/BTC1
MTLMTL/BTC1
GTOGTO/BTC1
POWRPOWR/BTC1
CVCCVC/BTC1
LOOMLOOM/BTC1
ASTAST/BTC1
PPTPPT/BTC1
KEYKEY/BTC1
STORJSTORJ/BTC1
STORMSTORM/BTC1
DATADATA/BTC1
TNTTNT/BTC1
AOAAOA/BTC1
RDNRDN/BTC1
FETFET/BTC1
ANTANT/BTC0.001
AERGOAERGO/BTC1
LBALBA/BTC1
MITHMITH/BTC1
BANDBAND/BTC1
SXPSXP/BTC1
BitcoinBTC/USDT0.0001
EthereumETH/USDT0.001
XRPXRP/USDT1
LitecoinLTC/USDT0.01
RavencoinRVN/USDT1
BitcoinBTC/USDC0.0001
EthereumETH/USDC0.001
XRPXRP/USDC1
LitecoinLTC/USDC0.01
TetherUSDT/USDC0.01
BitcoinBTC/EURS0.0001
EthereumETH/EURS0.001
TetherUSDT/EURS1
WBTCWBTC/BTC0.0001
RVNRVN/BTC1
AAVEAAVE/BTC0.01
AAVEAAVE/USDT0.001
UNIUNI/BTC0.1
UNIUNI/USDT0.01
FTMFTM/BTC1
FTMFTM/USDT0.1
YFIYFI/BTC0.0001
YFIYFI/USDT0.000001

Final Words

At this point, we have the necessary information that deciphers, which is the smallest amount of bitcoin you can buy. The proper handling of this material will allow us to invest with criterion in the world of cryptocurrencies. Clarifying it is not necessary, a large investment, to venture into this digital world. In this way, you can evaluate if it is profitable with a small capital risk.

Bitcoin is made up of satoshis, the smallest unit of cryptocurrency. One hundred million satoshis equal one bitcoin. As a result, you may buy any quantity of bitcoin with any amount of fiat cash. On exchanges, the minimum deposit amount in fiat might be less than $100. Several crypto exchanges allow you to convert fiat currency to bitcoin. Terms and conditions, criteria, deposit methods, privacy, and, most significantly, fees are different. For newcomers, we recommend Coinbase or CEX, which are both essential and straightforward to use. For example, on CEX, $100 may be exchanged for 0.0116 satoshis plus costs. It has a calculator that shows you how many cryptos you’ll get for a given quantity of money.