No! In fact, most customers do not purchase a whole bitcoin, which is north of $4,000/bitcoin (as of 9/10/17). One of the benefits of digital currencies is you can buy very small fractions.
We aim to make it seamless for newcomers to try out bitcoin so we have very low minimum purchase amounts. The smallest bitcoin amount you can purchase is $1 from a LibertyX Preferred Store or $50 from a LibertyX PIN store. This is to ensure that after fees, you are getting a positive amount of bitcoin.
The amount of bitcoin you receive is based on the real-time exchange rate at the time you make your payment. The live LibertyX exchange rate can always be seen on the LibertyX home page, in the navigation bar, and on the order # generation page.