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Is it possible to buy fractional shares of cryptocurrencies?

avatarChris AdamsonDec 26, 2021 · 3 years ago3 answers

Can I purchase fractional shares of cryptocurrencies?

Is it possible to buy fractional shares of cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to buy fractional shares of cryptocurrencies. Many cryptocurrency exchanges and investment platforms offer the option to purchase fractions of a cryptocurrency, allowing investors to buy a portion of a coin rather than a whole coin. This can be particularly beneficial for those who want to invest in expensive cryptocurrencies like Bitcoin but don't have the funds to buy a whole coin. Fractional shares allow for more flexibility and accessibility in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Fractional shares of cryptocurrencies are a great way to get started in the crypto market without having to invest a large amount of money. With fractional shares, you can buy a small portion of a cryptocurrency, such as 0.001 Bitcoin, instead of having to buy a whole coin. This makes it easier for beginners to enter the market and diversify their investments.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can buy fractional shares of cryptocurrencies on BYDFi. BYDFi is a leading cryptocurrency exchange that offers the option to purchase fractions of a cryptocurrency. This allows investors to buy a specific dollar amount of a cryptocurrency, rather than a whole coin. Fractional shares provide more flexibility and affordability for investors, making it easier for them to participate in the cryptocurrency market.