As of now, there is no option to buy Satoshi on Coinbase. The popular digital currency exchange does not offer the option to purchase Bitcoin’s smallest unit.
However, there are a few workaround methods that may allow you to ultimately buy some Satoshi on Coinbase.
The first method is to use Coinbase’s built-in exchange, GDAX, to buy Ethereum or Litecoin with US dollars. Once you have purchased either cryptocurrency, you can then transfer your coins to an exchange that does offer the option to buy Satoshi. Two examples of these exchanges are Binance and Kucoin.
At the time of writing, Binance charges a 0.1% fee for trades while Kucoin does not charge any trading fees.
NOTE: WARNING: Buying Satoshi on Coinbase is not a viable option. Coinbase does not support the purchase of Satoshi, and any attempt to do so will not result in a successful transaction. Additionally, buying Satoshi on Coinbase may expose you to potential financial losses due to the high volatility of the crypto market. It is recommended that individuals only buy crypto through reputable exchanges that provide sufficient security measures.
The second method is to find someone who is willing to sell you their Satoshi directly. You can find these people on forums like Reddit or Bitcointalk.
Once you’ve found a seller, you can work out a deal and make the purchase using methods like PayPal or Venmo.
Ultimately, whether or not you can buy Satoshi on Coinbase depends on how you define “Satoshi.” If you’re looking to purchase Bitcoin’s smallest unit, then the answer is currently no.
However, there are a few workaround methods that may allow you to indirectly purchase some Satoshi on Coinbase.
5 Related Question Answers Found
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Yes, you can buy LTO on Coinbase. Coinbase is a digital asset exchange company founded in 2012. It is headquartered in San Francisco, California.