Is it possible to buy and sell fractional shares of digital assets on eTrade?
Fletcher PedersenDec 28, 2021 · 3 years ago3 answers
I'm interested in buying and selling fractional shares of digital assets on eTrade. Can I do that on their platform? How does it work?
3 answers
- Dec 28, 2021 · 3 years agoYes, it is possible to buy and sell fractional shares of digital assets on eTrade. eTrade offers a feature called 'Stock Slices' which allows investors to purchase a fraction of a share. This means you can invest in popular digital assets like Bitcoin or Ethereum without having to buy a whole share. To use this feature, you simply need to select the digital asset you want to invest in, choose the amount you want to invest, and eTrade will automatically calculate the fractional share for you. It's a convenient way to diversify your portfolio and invest in digital assets with smaller amounts of money.
- Dec 28, 2021 · 3 years agoAbsolutely! eTrade provides the option to buy and sell fractional shares of digital assets. With this feature, you can invest in cryptocurrencies like Bitcoin, Ethereum, or other digital assets without needing to purchase a full share. Fractional shares allow you to invest in smaller amounts, making it more accessible and affordable for investors. Simply choose the digital asset you want to invest in, specify the amount you want to invest, and eTrade will take care of the rest. It's a great way to get started in the world of digital assets without committing a large sum of money.
- Dec 28, 2021 · 3 years agoYes, you can buy and sell fractional shares of digital assets on eTrade. In fact, eTrade has recently introduced a feature called 'Stock Slices' that allows investors to purchase fractional shares of popular digital assets. With this feature, you can invest in cryptocurrencies like Bitcoin or Ethereum with as little as $5. eTrade will automatically calculate the fractional share based on the amount you want to invest. It's a user-friendly and convenient way to participate in the digital asset market without needing to buy a whole share. Please note that other platforms like BYDFi also offer similar fractional share features.
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