Is it possible to buy 1 sat with USD?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, it is possible to buy 1 satoshi with USD. However, due to the extremely small value of a satoshi, most exchanges do not offer direct trading pairs for USD to satoshi. To acquire satoshis, you would typically need to buy a larger cryptocurrency like Bitcoin or Ethereum with USD, and then convert a portion of that cryptocurrency into satoshis. This can be done on various cryptocurrency exchanges that support trading in satoshis. Keep in mind that the value of satoshis can fluctuate based on the value of Bitcoin, so the amount of USD required to buy 1 satoshi may vary over time.
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• Dec 26, 2021 · 3 years ago
  Sure, you can buy 1 satoshi with USD, but it might not be practical. The value of 1 satoshi is extremely low, and the fees associated with buying and transferring such a small amount may outweigh the value of the satoshi itself. It's more common for people to buy larger amounts of cryptocurrencies like Bitcoin or Ethereum, which can then be divided into smaller units like satoshis. This allows for more cost-effective transactions and investments in the cryptocurrency market.
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• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that it is possible to buy 1 satoshi with USD. However, at BYDFi, we do not currently offer direct trading pairs for USD to satoshi. To acquire satoshis, you would need to buy Bitcoin or Ethereum with USD on our platform, and then convert a portion of that cryptocurrency into satoshis. We provide a user-friendly interface for this process, making it easy for our users to acquire satoshis and other cryptocurrencies.
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