Today, supply and demand for crypto have grown significantly. It has meant an increase in worldwide transactions and multiple platforms entering the game. Besides, new products have come to light to satisfy a huge number of customers eager to get cryptos, NFTs, shares, and other related products.

In this context, a huge number of cryptocurrencies can be bought in parts rather than in whole units. As such, most people can access digital coins without the need to be a great investor or have an impressive amount of money.

So, the answer to the question, “ Can You Buy Partial Bitcoins?” is YES! However, in the subsequent sections, we’ll delve into the details of such a small amount of operation to see if it fulfills your expectations regarding Bitcoin’s fractions.

Source: Investopedia .

A Satoshi is a smaller unit of a whole Bitcoin. Each Bitcoin contains 100 million Satoshi. Think of Satoshi as a cent of a dollar. You can still buy, sell, and use a cent without the need to acquire the complete dollar.

Due to the increase in the Bitcoin value, many smaller pieces were created to ensure that people can access them and participate in the decentralized crypto system. This way, minor actors can access a handful of crypto coins and convert their part to fiat or other assets when it is convenient.

The number of this fraction of a Bitcoin you can buy and sell will depend on the platform or exchange where you buy Satoshi. However, since a Satoshi is a 0.00000001 Bitcoin, it’s impossible to buy one Satoshi.

1 Satoshi is equal to 0.0000635595 US dollars. As you can notice, it’s an insignificant amount of money that most banks, finance institutions, and trading platforms can transfer. In other words, you won’t be able to trade this amount of crypto.

Most platforms and exchanges ask you for a minimum deposit to buy Satoshi. For example, in Coinbase, the minimum deposit you must make to buy this digital currency is $2. On the other hand, in other platforms like LocalBitcoins, the minimum deposit is $1.

Benefits and Drawbacks of Buying Partial Bitcoins

Due to the current value of Bitcoin and other cryptocurrencies, it’s really difficult for common traders to invest in these digital currencies. Since the amount of money they must spend is too high, a solution such as Satoshi is welcomed pleasantly.

As Bitcoin is highly divisible, and currently, it costs tens of thousands of dollars, minor traders can access a fragment and even speculate about its price in the future. It’s one of the most popular strategies when it comes to investing in these coins. Speculation may allow them to make a lot of money in the short term.

Drawbacks of Owning Partial Bitcoins

Regarding disadvantages, sometimes fractional shares, and particularly partial Bitcoins, can be affected by certain regulations that the same traders impose. For instance, they can set high fees that, depending on the amount you want to buy, do not make any sense and are not suitable.

Let’s see! Suppose you are willing to spend $100 in Satoshi or any other partial crypto. If you have to pay $50 in fees, does it make sense to you? Maybe the total cost can be irrational, and the investment does not make sense. Thus, you should reflect on it and decide if it’s the option that fits better your purposes. Purchasing Bitcoin has never been easier!

Beyond Satoshi and the Bitcoin price, there are other different units of Bitcoin you can buy instead of a single Bitcoin. Let’s check the following table.

Bitcoin was designed in this way from the very beginning. It facilitates Bitcoin transactions despite the large value of this cryptocurrency. This way, minor crypto investors can buy Bitcoin with just a few dollars.

Buying a fraction of a Bitcoin is similar to buying any other token in most cryptocurrency exchanges. It means you only need to deposit your fiat currency in the platform you prefer and then buy the amount of Satoshi you desire.

As investment advice, you should consider the trading fees before completing the purchase. Even though you are only going to complete a minimum purchase, fees can significantly increase the final amount you have to pay.

Let’s see an example of how to purchase Bitcoin.

Suppose you want to spend $100 in Bitcoin. The exchange or platform should make the conversion and calculate the amount of Bitcoin you should receive.

On the day of writing, the Bitcoin value was approximately $42.000. Hence, if you spend 10 dollars, you probably will receive 0,002 Bitcoin or its equivalent in Satoshi.

Multiple platforms currently trade millions and trillions of cryptos yearly. However, there are just a few where you can buy and trade partial Bitcoins accuracy. As such, this investment is not without risks. Now, let’s check the four main exchanges where you can trade these small parties. 

Coinbase

Coinbase is probably the perfect platform for beginners who do not have experience investing in any financial instrument or asset. It is because it’s very easy to use, and since it’s the biggest crypto exchange in the world, you have multiple options to exchange and trade cryptos at different prices and sources. Besides, tens of thousands of transactions are completed every day in Coinbase. Therefore, you can trust in its security and professionalism.

Coinbase has a user-friendly interface and provides a vast library of crucial information about crypto transactions, such as the steps to exchange cryptos and transaction fees, that focuses on beginner education.

But Coinbase also features relevant tools for professionals to access advanced trades. Like many exchanges, Coinbase facilitates Bitcoin transactions and the possibility of getting the smallest unit of Bitcoin and even other cryptos.

RoyalCDKeys

RoyalCDKeys is not strictly a crypto platform or exchange, but it’s a site where you can find great offers regarding the crypto world. The star product of RoyaCDKeys is the crypto vouchers, which are coupons for a certain amount of money you can use to buy cryptos in the most famous exchanges out there. The best of crypto vouchers is that you will pay only a fraction of the final amount you trade, so with vouchers all is win-win. 

A great advantage of RoyalCDKeys in comparison to other platforms is you don’t need to connect your account to a crypto wallet. What’s more, you can only use a credit card to access crypto vouchers. Thus, the buying process is really quick. There are neither long verification processes nor KYCs. You only buy the voucher and exchange it for a specific amount of crypto. Simple and easy! Besides, you can buy vouchers and give them as gift cards, then the proprietary will only spend a few cents for acquiring a good number of Satoshi.

eToro

eToro is the best overall platform for people who are not interested in buying just one Bitcoin but maybe more or less. eToro provides multiple tools to trade fractional shares and crypto as well. Moreover, since it is a leading social trading platform, you can trade directly a minimum amount with other users if you want.

The social nature of eToro allows you to discuss and comment on everything about the crypto world and gain insights into what is happening around cryptos and the latest trends.

Currently, eToro offers over sixty different cryptos, and many of them give you the option to buy a fraction of the crypto. If you want to buy less than one Bitcoin, then you must fulfill the following requirements.

• There wasn’t leverage on the position via CFDs.

• There wasn’t a short sale.

• You are not a customer under the supervision of the Australian Securities and Investments Commission (ASIC).

Besides, eToro allows you to withdraw some of the crypto directly to your crypto wallet, which is an important advantage in comparison to different platforms that abound in the market. eToro also lets you open a position through CFDs, giving you the possibility of benefiting from high returns but exposing you to high losses.

Kraken

Kraken is a great crypto exchange for creating a wide portfolio with motley cryptocurrencies, including Bitcoin or its smallest part, Satoshi. Nowadays, Kraken is the fifth biggest crypto exchange worldwide and functions in more than 200 countries. In Europe, it boasts over 10 million users.

Kraken is the right exchange for traders looking for the lowest service fees, which is perfect, especially when you’re starting in the crypto world or you're not interested in buying a whole coin, either a Bitcoin, an Ethereum, or any other crypto.

Kraken has a sense of duty when it comes to teaching novices about the crucial aspects of crypto transactions. Kraken boasts a Learn Center where to go when you want to know something about crypto.

This exchange also allows you to earn rewards by staking crypto. You will be able to get up to 24% return annually when staking cryptos like Cosmos, Cardano, Kava, Mina, and Tron.

Crypto.com

Crypto.com is the best platform where you can earn rewards through crypto staking and crypto cards. It boasts over 250 cryptos and has a minimum deposit of $20. Crypto.com stands out due to its NFT market and a particular visa card that allows users to spend their cryptos directly without liquidating them and even earn rewards with this action. Such services are noteworthy in the general crypto trading experience.

The NFT market is brightened by its own colors due to the hundreds of different NFTs users can get by using the same funds they buy or have in their wallets.

Creating your account and holding its native crypto called Crono will mean a significant down in fees and higher rewards when using the Visa card. Fees can even be down to 0,04%. Besides, the platform has price alerts that notify you on Bitcoin, Ethereum, and more when the price changes significantly.

In Crypto.com, you can easily buy partial Bitcoins via bank transfer by spending just a few or thousands of dollars. The decision is up to you.

If you have a fund and don’t know what to do with it, then the option of investing it in Satoshi or partial Bitcoins is recommended. This alternative will constitute one of the most profitable options in the long term if you consider the increase in the Bitcoin value. You will probably get good profits over time, but you need to be patient. That’s the idea!

Still, since the crypto world can be a bit confusing and full of nooks, you should learn everything you can before starting to invest. Thus, we invite you to read the related articles we continuously upload to our blog. Be aware of our site and the useful material and products we bring for you!