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How many bitcoin can I get for 500 dollars?

avatarAsh GirDec 18, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin and I have 500 dollars. How many bitcoin can I get with this amount of money?

How many bitcoin can I get for 500 dollars?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Well, the price of bitcoin is constantly changing, so the exact amount of bitcoin you can get for 500 dollars will depend on the current market rate. You can check the current price on popular cryptocurrency exchanges like Binance or BYDFi. Keep in mind that there may be transaction fees involved when buying bitcoin, so the final amount you receive may be slightly less than what you initially invested.
  • avatarDec 18, 2021 · 3 years ago
    500 dollars can get you a fraction of a bitcoin. The price of bitcoin is quite high, so with 500 dollars, you'll likely get a small fraction of a bitcoin. However, don't let that discourage you. Bitcoin is divisible, so even a small fraction can still be a valuable investment in the long run.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking to buy bitcoin with 500 dollars, I recommend checking out BYDFi. They offer competitive rates and a user-friendly platform for buying and selling bitcoin. Keep in mind that the amount of bitcoin you can get for 500 dollars will depend on the current market rate, so it's always a good idea to check the latest prices before making a purchase.