When it comes to a cheap cryptocurrency, there are a couple ways to look at it. And keep in mind, “cheap” is always subjective.

Some cheap cryptocurrency you can pick up for a few bucks.

First off, whether you’ve got five bucks or $5 million, just about any cryptocurrency is within reach. The only boundary to entry is usually set up by the crypto exchange. One of our favorites, Coinbase, has a $2 minimum. That means you can purchase or sell as little as $2 worth of any cryptocurrency on that exchange.

And when it comes to buying crypto, you don’t have to buy a whole coin. Not by a long shot. Take Bitcoin for instance. Each Bitcoin is made up of 100 million satoshis. A satoshi is the smallest fraction that a Bitcoin can be broken down to. So as long as Bitcoin is trading for less than $200 million per coin, you can pick up a fraction of it for less than $2.

And I think you’d be hard pressed to find anyone that wouldn’t consider $2 a pretty cheap investment…

The other way to classify a cheap cryptocurrency is by finding one that’s undervalued. In other words, it’s trading cheaper than its perceived value.