Is Fidelity planning to introduce fractional shares for cryptocurrencies?

5 answers

• Mar 22, 2022 · 3 years ago
  Yes, Fidelity has expressed interest in introducing fractional shares for cryptocurrencies. This move would allow investors to purchase a fraction of a cryptocurrency, making it more accessible to a wider range of investors. Fractional shares can help reduce the barrier to entry for those who may not have the funds to purchase a whole coin.
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• Mar 22, 2022 · 3 years ago
  As of now, Fidelity has not officially announced any plans to introduce fractional shares for cryptocurrencies. However, considering the growing popularity and demand for cryptocurrencies, it wouldn't be surprising if they do consider implementing this feature in the future.
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• Mar 22, 2022 · 3 years ago
  While I can't speak for Fidelity, I can tell you that BYDFi, a digital asset exchange, already offers fractional shares for cryptocurrencies. This feature allows users to invest in cryptocurrencies with smaller amounts of capital, providing more flexibility and accessibility to the market. Fractional shares can be a great option for those who want to diversify their portfolio without committing to a full coin.
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• Mar 22, 2022 · 3 years ago
  Fractional shares for cryptocurrencies can be a game-changer for the industry. It opens up opportunities for small investors to participate in the market without having to invest a large amount of money. This can potentially attract more people to cryptocurrencies and contribute to the overall growth and adoption of digital assets.
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• Mar 22, 2022 · 3 years ago
  While Fidelity has not made any official announcements regarding fractional shares for cryptocurrencies, it's worth noting that other exchanges, such as Binance and Coinbase, already offer this feature. Fractional shares can be a convenient way for investors to enter the cryptocurrency market without having to buy a whole coin, especially for those who are just starting out or have limited funds.
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