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You Don't Have To Buy A Whole Bitcoin

Hey everyone!

In this blog post, we will be talking about the fact that you can purchase fractions of Bitcoin. You do not have to buy one Bitcoin, which as I am sure you are all aware, are at an all time high of  $7,454.04.

It is commonly thought to buy bitcoin, you have to buy one whole bitcoin to begin with. This is not the case!  You can in fact buy, sell, send and receive fractions of one bitcoin.  

A Bitcoin can be broken down into much smaller units all the way down to the smallest faction which is called a 'satoshi'.  In one Bitcoin, there are 100,000,000 'satoshi'.  So, for example, you can buy  0.005 BTC and still make a profit from this.  A satoshi is very accessible and easy to buy!  

Just like our Bitcoin exchange, most  Bitcoin exchanges will let you specify the amount you want to spend and in exchange sell you the equivalent amount of this in Bitcoin. It all depends how much you want to spend, but any amount is possible and you certainly don't have to buy one whole Bitcoin to start your investment.  

Just like a pizza, you can simply buy a slice.

Still have more questions about Bitcoin? Check out our Bitcoin Learning Centre.

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