Is micro trading possible?

[dunfida]

I like crypto dice because of how little I can deposit, withdraw, how small the bet can be, no verification of any kind.  I tried to trade micro but got immediately hit with verification, large min positions, and the need to register everywhere to see if I can use it, and in most cases I couldn', so I dropped it.  Is it possible to micro trade?  Total bank to risk 20$ in doge and trade with the intention of increasing the doge amount, not usd value. 

You do talk about trading but you do mention about crypto dice which is typically a gambling. Can you elaborate on which thing you are engage into? Trading or gambling? but since most of the time you do talk about micro trading then its possible for it to be done here on this crypto space and i dont know why you do able to hit up with a verification yet you do only engage on small amounts. Verifications do usually occur when you are already trading in big volumes.

I think OP wants to use micro trading for gambling purposes only by using the Doge token.
Sometimes verification do exist in some exchanges due to their own policy for AML which is under on their government banks in their country whether it is a big or small amounts. And for the micro trading, everyone can do it specially for those newbie in trading they can use it as a tool to learn the basics of trading without risking too much money from losing to a major trading.

[bohr]

I like crypto dice because of how little I can deposit, withdraw, how small the bet can be, no verification of any kind.  I tried to trade micro but got immediately hit with verification, large min positions, and the need to register everywhere to see if I can use it, and in most cases I couldn', so I dropped it.  Is it possible to micro trade?  Total bank to risk 20$ in doge and trade with the intention of increasing the doge amount, not usd value.  

If your purpose is to learn why not try paper trading? You look at the charts and you write at what price you bought then when you decide to sell you write that as well, then you can calculate your profits or losses, you can do this very easily with an excel spreadsheet, but if what you are looking is to make money then you need to rise the size of your capital to something that allows you to earn a living out of it.

[krauzzer02]

Crypto dice is not a trading site it is more gambling rather than trading, for verification you should use exchanges like binance to trade and withdraw without the requirements of verification but it depends on your withdrawal capacity, as for the small trading it is not profitable if you have small capital as the withdrawal fee and the transactions fee will suck your money, start with a not so small capital if you want some progressive results.

[The Sceptical Chymist]

I think you can trade with $20 worth of doge or so, but it's not clear whether you're trying to do it on an exchange or a gambling site.  An exchange might have a minimum withdrawal amount, and they'll hit you with trading and withdrawal fees so it might not be worth it.  In addition, you're never going to make any significant amount of money by trading with so little, and doge is one of those coins that's perpetually dead.  Yes, it gets pumped occasionally but those pumps are few and far between.

If you're just trying to trade to get the hang of it, it's not a bad idea but I think $20 is too small an amount, and as I said, you're doing it with one of the most unattractive coins in existence.

[earnadoge]

Every exchange has different set of rules for trading, Like If you want to start trading on cryptopia than you must to have 50000 Satoshi kn your cryptopia balance than you can able to buy any crypto asset. i am not awared about other exchanges, They may provide service at low cost.

Thanks, I didn't know that, I googled it, and people say if a coin's value drops below 50 thou satoshi, that it cannot be traded.  And that many have small amounts of coins stuck.  However at the same time it is a reasonable amount as well.  I'm Kind of scared of starting to trade lol.

[raider150shifter]

Yes of course, but micro trading is perfect for those who are
new and still learning in crypto trading.

[audaciousbeing]

I like crypto dice because of how little I can deposit, withdraw, how small the bet can be, no verification of any kind.  I tried to trade micro but got immediately hit with verification, large min positions, and the need to register everywhere to see if I can use it, and in most cases I couldn', so I dropped it.  Is it possible to micro trade?  Total bank to risk 20$ in doge and trade with the intention of increasing the doge amount, not usd value. 

Of course micro trading is still possible in some certain exchanges that won't give you the condition of minimum amount to trade just that you might be limited to the coins you will be able to purchase as the ones I have known of have the minimum multiples of coins. On the issue of verification, I doubt if you will have a way out of that at this time as any exchange sites that wouldn't even ask for that, I would be careful to deposit a cent there but the extent of verification differs across platforms as you have to choose the ones that you are more comfortable to disclose the amount of information they require.

[Thirdspace]

Is it possible to micro trade?  Total bank to risk 20$ in doge and trade with the intention of increasing the doge amount, not usd value.  

diffferent exchange sets diffferent minimum trade value, many set around 10k to 50k satoshi for btc markets
I'm not sure what's the minimum trade value for doge pair markets, shouldn't be much different
so with $20 doge you should have more than enough to trade in 2-3 doge markets

For example if you put $10 in doge and you make 4-5$ profit and you want to withdraw them you have to pay fee for withdraw (5-10$).

why pay so high $5-10 withdraw fee? don't withdraw in btc!
he said he wants to try micro trading with doge, so he will use doge as his base crypto
and any exchange only require at max 5 doge per withdraw, that's less than 2 cents