Most exchanges have a minimum amount of BTC per trade. However, it is possible to trade less than that amount. I will show you how using Binance. 

Step One: Go to the Binance Exchange Page

Choose the coin that you want to buy or sell. In this example I’m going to use LTC / Litecoin. When you first get to the exchange you will be on the LIMIT tab, as seen below.

Binance Exchange Buy Less Than the Minimum

Step Two: Switch to the Market Tab

If you want to buy less than the minimum BTC required, you will need to switch to the MARKET tab. From here you can buy any amount of a coin that you want at the current market price.

Binance Exchange Market Tab

Step Three: Buy Some BNB Coin First

The first coin you want to buy using this method is the Binance BNB coin. Be sure that you’ve opted to use BNB to pay your fees. Otherwise, after the fees you will be left with a partial coin each time you trade and you won’t be able to sell it.

You can only sell “whole” coins on Binance. The partial coins are called “dust.” They are working on a way for us to sweep our dust into BNB, but for now you are just stuck with coins you can’t trade.

Bonus

This method also works for SELLING small amounts of coins. So now you know how to buy and sell on Binance using just your pocket change. Good Luck!

Follow me on twitter @thecoinpixie



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