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Author Topic: Minimum Amount required to Buy tokens/coin?  (Read 128 times)
originalcoin (OP)
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December 25, 2017, 05:17:11 AM
 #1

I like to buy some tokens/coins for little amounts of $5 or $10.

Is that possible?

What to do and where to buy?

kobe24
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December 25, 2017, 06:12:02 AM
 #2

Honestly that is a small amount if incase you can buy at any exchanges as long as the coins is listed there with that amount you will have to hold it for a years.

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December 25, 2017, 07:29:28 AM
 #3

Is there any exchange where i can buy through paypal especially doge coin.

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December 25, 2017, 07:54:19 AM
 #4

I like to buy some tokens/coins for little amounts of $5 or $10.

Is that possible?

You should sign up on an exchange for this. All exchanges have minimum buying and selling amounts for every coin. It is determined by the exchange and you cannot negotiate about it. But yes 5$ seems like a decent amount to buy some penny altcoins and small volumes of bigger altcoins. But make sure you do proper research and analysis of the coin before you do so.

Quote
What to do and where to buy?
There are so many exchanges to choose from. Poloniex, Bittrex, Binance and so on.

Is there any exchange where i can buy through paypal especially doge coin.

You cannot buy doge with paypal. Heck you should not buy/sell crypto with paypal. Deposit on exchanges and buy using that. Then withdraw to doge wallet.

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December 25, 2017, 09:59:13 AM
Last edit: December 25, 2017, 10:51:26 AM by jvdp
 #5

I like to buy some tokens/coins for little amounts of $5 or $10.

Is that possible?

What to do and where to buy?
In current market is supporting to the coins. So you should analyse before to invest in tokens. I prefer coins are good profitable investment in little amount is good for basic investment. But before to invest which coin is suit for your investment. Both long-term and short-term investment are bright future in the cryptoarket. bitfinex, coinbase gdax these are best exchanges in the cryptocurrency

 
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December 25, 2017, 10:25:47 AM
 #6

I don't think you can buy $5-$10 worth of dogecoins on exchanges because they have different minimum buy orders and minimum deposit. Imo it's best if you just save those for now and accumulate more money before buying dogecoins.

Is there any exchange where i can buy through paypal especially doge coin.
Buy bitcoin first then deposit that to an exchange so you could convert it to dogecoins.

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December 25, 2017, 10:59:08 AM
 #7

I like to buy some tokens/coins for little amounts of $5 or $10.

Is that possible?

What to do and where to buy?

If you want to buy tokens from EtherDelta, then you don't have a real minimum. But fees will eat you.

If you want to invest in ICO, then every ICO have different minimum requirements for investment. Usually they are accepting min. 0.1 ETH ~$70

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December 25, 2017, 11:12:37 AM
 #8

For a minimum impact I think $5 or $10 is to small. If you buy with such money there will not be enough volume. And you may end spend as much on transfer fees.I think you need to wait and raise more fund to start.
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December 25, 2017, 11:29:27 AM
 #9

I think if you want to buy coins we see that many of the capital we have, also what coins look good and will quickly rise. But if for trading, maybe start with $ 100, if $ 10 I think it is difficult.
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December 25, 2017, 11:31:32 AM
 #10

$5-$10 is so small that it will eat through your funds when you try to deposit and the service you are using takes out their fee. it may be half your deposit amount in fee when using banks even.

as for paypal, forget it because first of all it is against their ToS to use Paypal to purchase any digital currencies and if they find out, they can  easily close your account and seize your money.
and second, paypal has charge back and nobody even exchanges are going to accept any paypal deposits where buyers can simply scam them.

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December 25, 2017, 11:32:07 AM
 #11

Deposit fees (usually a flat figure, e.g. $10) would make it not worth it unless you put in $100 minimum (even that is a bit low).

Unless you use something like localbitcoins and buy off an individual.
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December 25, 2017, 11:35:16 AM
 #12

I like to buy some tokens/coins for little amounts of $5 or $10.

Is that possible?

What to do and where to buy?
trading with a small amount is possible.
but you will only get a small profit.
try to buy doge coin in some markets.

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