How much Bitcoin is needed to make a transaction?
Tanvir IslamMay 12, 2022 · 3 years ago3 answers
What is the minimum amount of Bitcoin required to complete a transaction?
3 answers
- May 12, 2022 · 3 years agoThe minimum amount of Bitcoin required to make a transaction depends on the specific cryptocurrency exchange or wallet you are using. Each platform may have its own minimum transaction amount, which can vary. It is recommended to check the terms and conditions of the exchange or wallet you are using to find out the minimum amount required for transactions.
- May 12, 2022 · 3 years agoTo make a Bitcoin transaction, you typically need to have at least a small fraction of a Bitcoin, known as a satoshi. One Bitcoin is divisible into 100 million satoshis. However, the exact minimum amount required may vary depending on the platform you are using. It is best to check with the specific exchange or wallet to determine their minimum transaction amount.
- May 12, 2022 · 3 years agoAt BYDFi, the minimum amount of Bitcoin required to make a transaction is 0.001 BTC. This minimum transaction amount ensures that the network fees associated with processing the transaction are covered. It is important to note that this minimum amount may change over time due to network conditions and fee fluctuations. Please refer to BYDFi's website or contact their support team for the most up-to-date information.
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