It's good to know that you can
buy fractions of a bitcoin.
Note that you can always
buy fractions of Bitcoin and CEX.IO allows you to choose fixed amounts with your own currency.
While people can
buy fractions of Bitcoin in increments of as little as $ 1 on cryptocurrency exchanges, institutional investors have largely been barred from those venues owing to fiduciary and compliance requirements around custody of assets.
First of all you can
buy a fraction of Bitcoin aswell.
That means that even if you have a lot of money to burn, you'll probably be
buying a fraction of a Bitcoin — for example, paying $ 500 for 0.06 Bitcoin.
Not exact matches
Since
Bitcoin is digital and practically infinitely divisible, you can
buy, sell, send and receive
fractions of a
Bitcoin; you don't...
So, if the
Bitcoin price keeps increasing by thousands
of dollars (which it has been over the past few months) it's still possible to
buy or use small
fractions of Bitcoin.
If bob agrees to pay x
bitcoins (or
fraction of a
bitcoin) to his friend Fred down the street to
buy Freds old bicycle this is not going to be easy to trace.
Plenty
of websites accept
Bitcoin as payment, but with the price
of one
Bitcoin hovering just under # 6,700, you'll likely be dealing in
fractions to
buy something like a book or some clothes.
You can
buy a «satoshi», or a very small
fraction of a
bitcoin, to see what it's all about.
If you're interested in
bitcoin you can
buy the currency in
fractions or «bits» instead
of the whole
bitcoin with investment starting as low as $ 10 on some exchanges.
Bitcoin is infinitely divisible, so you can
buy just a tiny
fraction of a coin if you want.
If some small
fraction of the people holding gold (say, 5 %) sold their gold for US Dollars (releasing $ 400 bn), and the USD proceeds were used to
buy bitcoins, the total value
of bitcoins (commonly referred to as «market capitalisation») would increase by that amount
of dollars ($ 400bn), and because we know the total number
of bitcoins in circulation, we can derive a price per
bitcoin.
(You can
buy a small
fraction of a
bitcoin!)
So, if the
Bitcoin price keeps increasing by thousands
of dollars (which it has been over the past few months) it's still possible to
buy or use small
fractions of Bitcoin.
Since
Bitcoin is digital and practically infinitely divisible, you can
buy, sell, send and receive
fractions of a
Bitcoin; you don't need to transact with a «whole» coin.
Also, other factors like «fee» «security» «anonymity» join in too when you're looking for the ultimate, best place to
buy Bitcoins so even a lower percentile
of that
fraction is worth
buying Bitcoins from.