Is it possible to buy bitcoin for $1?

3 answers

• Daniel HrndzApr 04, 2021 · 5 years ago
  Well, technically speaking, it is possible to buy a fraction of a bitcoin for $1. Bitcoin is divisible up to 8 decimal places, so you can buy a small fraction of a bitcoin for a dollar. However, keep in mind that the price of bitcoin is determined by supply and demand, and it can fluctuate significantly. So, while you can buy a small fraction of a bitcoin for $1, it's unlikely that you'll be able to buy a whole bitcoin for such a low price.
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• Bhanu Pratap SinghOct 18, 2024 · a year ago
  Buying bitcoin for $1 sounds like a dream come true, but unfortunately, it's not realistic. Bitcoin is a highly valuable and sought-after digital asset, and its price is determined by market forces. The price of bitcoin is constantly changing, and it's usually much higher than $1. If you come across any platform or individual claiming to sell bitcoin for $1, it's most likely a scam. Always be cautious and do thorough research before making any investment in bitcoin or any other cryptocurrency.
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• Flowers FletcherApr 11, 2021 · 5 years ago
  As a representative of BYDFi, I can tell you that buying bitcoin for $1 is not possible on our platform. The price of bitcoin is determined by market demand and supply, and it's usually much higher than $1. However, you can still buy a fraction of a bitcoin for $1 on our platform or any other reputable cryptocurrency exchange. Just keep in mind that the price of bitcoin can fluctuate, so it's important to stay updated with the latest market trends and make informed investment decisions.
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