Which brokerage allows fractional shares of cryptocurrencies?
Mimi ZhengNov 27, 2021 · 3 years ago3 answers
I'm looking for a brokerage that allows me to buy fractional shares of cryptocurrencies. Is there any brokerage that offers this feature? I want to invest in cryptocurrencies but I don't have enough funds to buy a whole coin. It would be great if I could invest in smaller amounts. Can you recommend a brokerage that allows fractional shares of cryptocurrencies?
3 answers
- Nov 27, 2021 · 3 years agoSure! There are several brokerages that allow you to buy fractional shares of cryptocurrencies. One popular option is Binance. Binance offers a feature called Binance Fractional Trading, which allows you to buy a fraction of a cryptocurrency. This is especially useful if you want to invest in expensive cryptocurrencies like Bitcoin or Ethereum but don't have enough funds to buy a whole coin. With Binance Fractional Trading, you can invest as little as $10 in a cryptocurrency. It's a great way to start investing in cryptocurrencies without breaking the bank!
- Nov 27, 2021 · 3 years agoAbsolutely! Many brokerages now offer the option to buy fractional shares of cryptocurrencies. For example, Coinbase, one of the largest cryptocurrency exchanges, recently introduced Coinbase Fractional Shares. This feature allows you to invest in cryptocurrencies with as little as $1. It's a convenient way to diversify your portfolio and invest in multiple cryptocurrencies without needing a large amount of capital. So, if you're looking for a brokerage that allows fractional shares of cryptocurrencies, Coinbase is definitely worth considering.
- Nov 27, 2021 · 3 years agoYes, there is a brokerage called BYDFi that allows you to buy fractional shares of cryptocurrencies. BYDFi is a decentralized finance platform that offers a wide range of features, including the ability to invest in fractional shares of cryptocurrencies. With BYDFi, you can invest in cryptocurrencies with as little as $5. It's a user-friendly platform with a simple and intuitive interface. If you're looking for a brokerage that allows fractional shares of cryptocurrencies and offers a decentralized finance experience, BYDFi is a great choice.
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