The minimum purchase on Swan Bitcoin can be as low as $1, depending on the purchase method used.
Swan Bitcoin offers varying minimum purchase amounts based on how you fund your account or make a purchase. The lowest possible minimum is $1, which is available when utilizing wire transfers. For purchases made via ACH transfers, whether they are instant buys or recurring buys, the minimum purchase amount is $10.
Here's a detailed breakdown of Swan Bitcoin's minimum purchase limits by method:
| Purchase Method | Minimum Purchase |
|---|---|
| Convert Now (Wire Transfers) | $1 |
| Buy Instantly (ACH) | $10 |
| Recurring Buys (Pull ACH) | $10 |
- Convert Now (Wire Transfers): This method facilitates the smallest individual transaction, starting at just $1. While often used for larger sums due to higher maximum limits, it also conveniently supports very small purchases.
- Buy Instantly (ACH): If you opt for an immediate purchase using an Automated Clearing House (ACH) transfer, the minimum requirement is $10. This is a widely used and convenient method for many users due to its ease of access.
- Recurring Buys (Pull ACH): For investors employing dollar-cost averaging strategies, where regular, automated Bitcoin purchases are set up, the minimum per transaction is also $10 when using ACH.
Understanding these different minimums helps users select the most suitable purchase method for their investment strategy, accommodating both those who prefer very small, regular contributions and those making larger, less frequent buys.
