Looking to buy crypto under a dollar? You have come to the right place. While most people tend to buy Bitcoin or other top cryptocurrencies like Ethereum, there is crypto under $1 that can make a solid investment. For instance, the meme token Shiba Inu (which is currently only worth a fraction of a dollar) boomed seemingly overnight last year, and many investors made millions.
Frequently Asked Questions
Technically yes, you can invest $1 in Bitcoin. However, in reality, this is impossible as the fees required for buying a BTC at any point in time are probably even higher than $1. Besides, top exchanges set limits for the least BTC you can buy and $1 is most likely to be lower than that. Therefore, no you can’t invest $1 in BTC.
At the current rate, $1 will buy you about 0.000032 BTC. You can have this in your wallet after carrying out a larger transaction and having a balance, but as is stated above, it is practically impossible to buy this directly whether on an exchange or through peer-to-peer transactions.
This depends on the usefulness of the cryptocurrency. A cryptocurrency under $1 with no place in the future may not be a good investment. However, one with potential can be an excellent investment because it has a lot of room to grow. Doing your research on a company’s future goals and plans is your best bet for discovering currencies with growth potential.