Can I buy a fraction of a bitcoin?
It is possible to buy only a small part of a Bitcoin. The smallest unit of a bitcoin is called satoshi. Each bitcoin can be divided into 100,000,000 satoshi. A satoshi is currently worth around 0.01 cents.
When is a good time to buy bitcoin?
Is now a good time to buy bitcoins? We don’t know. Since the price of bitcoin changes all the time, it is worthwhile to compare prices when buying bitcoin. With the help of our price alarm, you can also be notified when bitcoin reaches your desired price.
What should I consider when buying bitcoin?
There are several factors to consider when buying bitcoin. On the one hand, prices and fees should be compared. Furthermore, the verification is an important point, as this can take from a few minutes to several weeks, depending on the bitcoin exchange. The payment method with which the bitcoin should be paid also plays a role. Last but not least, the security of the bitcoin exchange should be considered.