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What is the lowest amount of digital currency I can acquire?

avatarPunam DiwanDec 17, 2021 · 3 years ago3 answers

I'm new to the world of digital currency and I'm wondering what is the minimum amount of digital currency that I can purchase? Can I buy just a fraction of a coin or do I need to buy a whole coin?

What is the lowest amount of digital currency I can acquire?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! One of the great things about digital currency is that you can buy fractions of a coin. You don't need to buy a whole coin if you don't want to. For example, if you're interested in Bitcoin, you can buy as little as 0.00000001 BTC, which is called a Satoshi. This allows for greater flexibility and accessibility for investors of all budgets.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can definitely acquire a fraction of a digital currency. In fact, most digital currencies are divisible to many decimal places. For example, Ethereum can be divided up to 18 decimal places. So, whether you want to buy a whole coin or just a small fraction, it's entirely up to you and your investment goals.
  • avatarDec 17, 2021 · 3 years ago
    Certainly! When it comes to digital currency, you have the freedom to acquire as much or as little as you want. For instance, on BYDFi, you can buy fractions of popular digital currencies like Bitcoin, Ethereum, and Litecoin. This allows you to start with a small investment and gradually build your portfolio over time.