Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. Just like you can use a fraction of a dollar a penny, nickel, dime, or quarter , you can use and buy fractions of Bitcoins. Purchases made using a credit or debit card are charged a 2. If a store takes Bitcoin, you can use it just like a credit card to pay for products and services. Many exchanges that trade this many cryptocurrencies charge higher fees, but Binance charges a flat rate of 0. Step Four: Place Your Order.