A typical question we get from newcomers is, “How do I make my first investment in bitcoin?” Many people tend to think that to acquire BTC, you have to buy in whole numbers. It is a common misconception. For those new to the crypto community, there is great news: you can buy any fraction of a single bitcoin!
Here's a quick step-by-step guide that will help you understand how to buy a small amount of bitcoin easily and safely:
Choose your buying platform wisely
When dealing with cryptocurrencies, whether to buy or sell, you need to carefully choose the trading platform that is best suited for the transaction. Coinipop is one of the best exchange to buy bitcoins if you are new in the market because it’s simple and easy to use.
First things first
First of all, you need to create an account. Creating an account on Coinipop entitles you to a free wallet in an instant. Check the upper right corner of the website and click "Sign Up".
Let the buying begin
Now that you have your digital account and wallet, you can enter the amount that best suit your needs. To get started, click the enter the amount you want to buy on the Coinipop home page.
Indicate the amount of bitcoin you’re buying
Enter the amount of bitcoins you want to buy or enter the amount in USD, GBP or EUR. When buying small amounts of bitcoin, it is important to always keep in mind the minimum amount of trade. You can go from 10 USD, 20 USD, 50 USD and more. On Coinipop, the smallest amount of bitcoin you can buy is $ 10 or the equivalent in other currencies, while the smallest amount to sell is 0.001 BTC.
Select a currency
Specify the currency you use to buy bitcoins. Coinipop accept USD, EUR and GBP, you can choose any of these three or coinipop will be automatically selected based on your location with 99% accuracy.
Choose your payment method
By clicking on the "Buy Now" button redirects you to a drop-down list where you can choose your desired payment option. On Coinipop, there are many payment methods from which you can choose. Bank transfers, cash deposits and credit cards are among the most popular. Note that these payment methods affect the price of your transaction. Bank transfers and other typical payment methods usually have lower fees than the less common ones.
Before you click buy
Once you’ve decided how much you want to buy, don’t forget to check every detail and read all the offer terms set by the coinipop. When you are good with the terms and happy with the amount you are buying, you can click on “Buy now.”
You’re done purchasing bitcoin! After the transaction, you can provide us with feedback. If the transaction went smoothly, you can give the us a good feedback score, otherwise, you can choose between a negative or neutral score.
It is very easy to buy the minimum amount of bitcoin on Coinipop so buy bitcoin on coinipop’s Buy Bitcoin page today.