What happens to fractional shares in a cryptocurrency split?

3 answers

• Nov 24, 2021 · 3 years ago
  When a cryptocurrency split occurs, fractional shares are typically handled by the exchange or wallet where the user holds their coins. The exchange or wallet will usually convert the fractional shares into whole shares or provide a proportional amount of the new cryptocurrency. For example, if a user holds 0.5 Bitcoin and a split occurs, the exchange may convert the fractional share into 0.5 of the new cryptocurrency or provide 0.5 whole shares of the split currency. This ensures that users are not left with fractions that cannot be traded or utilized.
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• Nov 24, 2021 · 3 years ago
  In most cases, fractional shares in a cryptocurrency split are rounded down to the nearest whole share. This means that if you hold 0.9 Bitcoin and a split occurs, you will receive 0 whole shares of the new cryptocurrency. It's important to note that the specific handling of fractional shares may vary depending on the exchange or wallet you use, so it's always best to check with them for their specific policies and procedures.
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• Nov 24, 2021 · 3 years ago
  During a cryptocurrency split, fractional shares are typically converted into whole shares or a proportional amount of the new cryptocurrency. For example, if you hold 0.7 Bitcoin and a split occurs, the exchange may convert your fractional share into 0.7 of the new cryptocurrency. This ensures that you still have a fair representation of your holdings after the split. At BYDFi, we handle fractional shares in a split by providing users with the proportional amount of the new cryptocurrency, ensuring a seamless transition for our users.
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