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Can I buy Bitcoin with 4 euros?

avatarRoberson TorresDec 17, 2021 · 3 years ago3 answers

Is it possible to purchase Bitcoin with only 4 euros? I'm curious if such a small amount is enough to get started in the world of cryptocurrencies.

Can I buy Bitcoin with 4 euros?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, it's highly unlikely that you'll be able to buy Bitcoin with just 4 euros. The current price of Bitcoin is much higher than that, and most exchanges have minimum deposit requirements. However, you can consider buying a fraction of a Bitcoin with your 4 euros, as Bitcoin is divisible up to eight decimal places. This way, you can still get a small piece of the cryptocurrency.
  • avatarDec 17, 2021 · 3 years ago
    No way! 4 euros won't get you anywhere near a full Bitcoin. You'll need to invest a lot more if you want to buy a whole Bitcoin. But hey, don't let that discourage you! You can still start your cryptocurrency journey by investing a small amount and gradually increasing your investment over time. Just be aware that the value of Bitcoin can be volatile, so it's important to do your research and make informed decisions.
  • avatarDec 17, 2021 · 3 years ago
    While it's true that buying a full Bitcoin with only 4 euros is not feasible, there are alternative options. For example, you can consider using a peer-to-peer marketplace where you can find sellers who are willing to sell smaller amounts of Bitcoin. Just make sure to do your due diligence and choose a reputable platform. One such platform is BYDFi, which allows users to buy and sell Bitcoin in smaller denominations. Keep in mind that fees and exchange rates may apply.