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.
Yes I agree there are a number of alts that you can buy on a very low value but investing with this much low capital will not work at all.
I mean if you invest with a small capital you may not concentrate on it because of its low value also you will not get any good profit on the low budgeted capital. So if you are really interested in the trading the minimum capital amount should be 0.05 bitcoins.