I deposited money into my waves account in BTC. But when I try to place an order it says not sufficient funds available.
After deposit do I need to transfer these funds some other place to buy waves from google chrome app?
You don't have waves in your wallet, that's why. You need 0.001 to place an order.
I'm first time buyer then how come they can expect me to have waves to place an order?
It is something not correct either they should provide an option to pay the fee in other currencies or should reduce the fee amount from order placement. I didn't understand the logic to ask people to pay the fee in waves when they want to buy waves.
I sent an email to support team and waiting for their reply but if any other guys advice then it will help a lot.
If I read it correct in Slack, that will be changed in future releases. Right now Waves is the only token that can be used to pay fees for transactions.