Post
Topic
Board Trading Discussion
Re: How much BTC is required for trade?
by
bluefirecorp
on 06/06/2017, 14:42:16 UTC
What is the minimum amount of BTC required to trade on Exchange sites?
Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
There is no minimum amount of btc is required to start trading as long as the altcoin that you buy is equivalent to one. But its better to have a large amount of capital to trade to earn a large amount of money also even get only small profit.
There are altcoins available for buying even for 1 satoshi. But for example, yobit does not allow the trades which are less than 10k satoshi value. This the minimum requirement for getting into one trade there. But we can never get into trading with such low capital. Capital amount for trading should be decided by our risk levels. For mid to low risk traders, I believe 0.04 bitcoins must be a right capital.