What is the Minimum Amount to Invest in Bitcoin?

The high-profit margin associated with Bitcoin (BTC) investment has prompted widespread adoption of the asset. People who once considered BTC as passive income are now active investors. 

With BTC’s outstanding performance over traditional assets like gold, stocks, shares, and commodities, several conventional investors are delving into the industry, with some still trying to figure out what it takes to get involved with the asset.  

One of the major questions crypto newbies have repeatedly asked is: what is the minimum amount of Bitcoin prospective investors can purchase. 

Interestingly, there is no minimum or maximum amount of BTC investment. 

Regardless of your financial status, you can delve into bitcoin investment by buying just a fraction of BTC known as sats (named after the asset’s pseudonymous founder Satoshi Nakamoto). 

Based on Bitcoin’s design, there are 100 million Sats in 1 BTC, and investors can purchase as little as a fraction of BTC, illustrated as 0.00000001 BTC. 

According to the current market rate, 0.00000001 BTC is being exchanged at $0.00027. 

However, the value seems so insignificant that cryptocurrency exchanges will not process such a transaction due to certain reasons. 

Given this, certain factors influence the minimum amount you can invest in bitcoin, and they include: 

  • Cryptocurrency Exchanges 

The minimum amount of BTC you can purchase varies across exchanges. Although investors can acquire a fraction of bitcoin, exchanges have the right to decide their minimum BTC purchase. 

While some exchanges may allow users to buy $2 worth of BTC, others may require users to make a minimum bitcoin purchase of less than $1. 

  • Transaction Fees

Regardless of the price a trading platform sets as its minimum bitcoin amount, investors should consider the transaction fees. 

Trading fee is one of the major sources of income for crypto exchanges, and there is no benchmark fee for exchanges. 

Some trading firms can choose to charge as high as 5% of your investment, while others may charge a lower fee of less than 1%. 

Based on fee variation, investors should conduct due diligence to select a trading platform that offers the best competitive fees. 

  • Risk Appetite 

The crypto market is highly volatile. A coin’s value might spike by more than 70% in less than an hour, and the next minute, it has plummeted by a large margin. 

Due to the high volatility of the crypto market, investors are urged only to invest an amount they can afford to lose. The minimum amount one can invest in BTC varies based on the individual’s risk appetite. 

A trader may consider $1,000 as his minimum BTC investment without exercising any fear, while someone else may be scared of his $10 capital because of a mere cryptocurrency news headline.

  • Profit Oriented 

This is one of the factors that influence users’ minimum BTC purchase. The higher an investment, the higher the gains, and vice versa. 

Certain people may be motivated to commit large amounts of funds when making bitcoin purchases, with the hope of raking in lots of profit when the asset’s price soars. 

If things do not go as planned and the market becomes bearish, the investor is sure to lose large amounts of his capital. 

  • Location 

Since not all crypto exchanges work in all jurisdictions, the minimum amount of BTC you can purchase varies according to where you are located. 

For instance, a U.S.-based exchange with a minimum bitcoin amount of $1 may be restricted from operating in Nigeria, where most trading firms in the country pegged their minimum amount at $10. 

In some countries like Cuba, where there are few crypto exchanges, bitcoin investments incur a premium. 

Popular Crypto Exchanges That Offers Lower BTC Purchase 

  • Binance 

World’s largest crypto exchange by trade volume Binance is one of the best platforms newbies can purchase BTC. 

The exchange works in several countries, and users are allowed to buy as low as 0.0001 BTC worth around $2.70 at press time. 

Binance has the most competitive fee in the market, as users are allowed to pay a transaction fee of 1.4% for every purchase. 

  • Gemini 

Launched in 2015 by Tyler and Cameron Winklevoss, Gemini is among the best crypto exchanges that support a lower amount of BTC purchase. Gemini users can purchase a minimum amount of 0.00001 BTC ($0.27) while paying a transaction fee of up to 1.49%. 

  • Coinbase 

Coinbase is one of the earliest crypto exchanges. Coinbase users can make a minimum BTC purchase of $25, which attracts a transaction fee of 1.49%.   

Conclusion 

As stated, there is no minimum or maximum amount you can invest in Bitcoin. The least amount of BTC you can acquire depends on several factors, including cryptocurrency exchanges, risk appetite, location, trading fees, and profit. 

It is left for you to carefully examine the factors to determine the minimum amount of BTC suitable for you.  

TrueGoldCoin goes back to the roots of coins with TGC

The versatility of Blockchain plus the real value of gold reserves backing it, results in TGC

Today, we are presenting a project that will have an important impact, the launch of a token linked to gold mining rights. A talented team, with decades of successful entrepreneurial activities and hard work, presents the revolutionary TrueGoldCoin token.

A project based on more than 30 years of experience at the highest level. Innovation in networks and telecommunications, Artificial intelligence, ISP management, design and configuration. The founders of the TrueGoldCoin project offer an unique token, mixing solid commodity mining titles with the versatility of blockchain technology. As you begin to read the whitepaper, you can glimpse the direction of the documents and project. On the home page, we find the following statement:

“Back to the Coin Roots.”
TrueGoldCoin Whitepaper.

It is well known in the industry that state currencies (or commonly referred to as Fiat) historically lose all or almost all of their initial value. In the ’70s a decision changed the rules of the game; the United States decided to unlink the US dollar from the gold standard. Since then, the value of the currency against the precious metal has been eroding.

Governance, decentralization and 1800 hectares for mining

The TrueGoldCoin Token is an ERC standard (in the Ethereum Network) promoted and backed by more than 1,800 hectares of gold mining rights. Titles of more than 1,800 hectares of mining rights make the token attractive to all types of investors. The attraction is patent, both those who seek to speculate in the market, as well as those who wish to acquire positions in the precious metal market and benefit from it’s value gain. TrueGoldCoin issues a special token, backed entirely by proven and probable gold reserves, offering confidence and leaving empty promises for other projects.

Added to the classic governance features offered by tokens in public, decentralized and immutable blockchain networks… is added a clear demonstration of commitment and commitment to stability. Prestigious collaborations with NASA dispel any doubt about the capacity of the TrueGoldCoin team. We find a solid “golden rule” in the founding technical document:

“We will never issue more than 10% of the calculated value of our gold reserves.”
The TrueGoldCoin Team

As far as backup is concerned, it must go through due scrutiny. Obviously the words are windy and in order to be considered a reliable and proven backup, a verification process is completed. To calculate its value, you will find below some reference data extracted from the TGC documentation and/or its white paper.

About the value of the lands behind the TGC token

Gold reaches 100% of its value when deposited in a bank or a certified depository institution as a final refined product. While the deposited gold is valued at 100%, it is valued at an oscillation between 60% and 99% of the value when it has been extracted in the mine and goes through the whole process of transport, smelting, refining, and exporting it. So it is priced at a value of 10% when it has not yet been extracted (as is the case with TGC).

In short, once we understand the process in which the mines are and where the exploitation is, we analyze the initial offer of the supported token.

The Importance of Satisfying Settlement for Token Holders

The balance is crucial, the block chain technology provides global access to the network. However, it could be a problem to liquidate its position if the token fork is too far away from the physical backup. At other times, a gold-backed token could become a headache when it comes to liquidating holdings. In this sense, the TGC team shows the maturity and commitment of veterans in the management of technology, assets and/or properties.

TGC is also backed by real cash. This has surprised us as a detail worth mentioning. We find the following statements from one of the founders Enrique Pallares at icoholder.com:

“True Gold Coin is not just an initial offer (ICO), or an ICO backed on an asset, or a simple AltCoin that was launched to satisfy the moment. NO, TGC is also backed by real cash to make sure that any TGC holder who wants to exchange their tokens for FIAT, the money will be available in the treasury to do so.”

Support offers settlements that can meet supply and demand

Offering this type of dual support, linking hundreds of hectares for mining, and the possibility of liquidating the position in cash… shows a clear concern for the role of the investor. Such initiatives reduce counterparty risk and encourage both supply and demand. A clear example of this is the statement of the experienced CEO E. Pallares:

“Exchanges are available, but in building the ecosystem for TGC payments, we need our tokens to be exchangeable for any currency at any time.”
E. Pallares.

Occasionally, some crypto coins have experienced the so-called “flash crash”. Instants in which the selling power of the market surpasses the demand of the counterparty. These situations lead to instability and distrust in the market so TGC shows a clear commitment to the token in the long term. 

You can follow the TrueGoldCoin project news on Facebook or contact us using the links below:

Web – Truegoldcoin.com

Facebook – facebook.com/TrueGoldCoin

Acquire TGC tokens – https://karsha.biz/token/157

Official e-mails

info@TrueGoldCoin.com

support@TrueGoldCoin.com

investors@TrueGoldCoin.com