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When will TD Ameritrade offer fractional shares for cryptocurrencies?

avatarHoover BynumDec 27, 2021 · 3 years ago3 answers

Can you provide any information on when TD Ameritrade will start offering fractional shares for cryptocurrencies?

When will TD Ameritrade offer fractional shares for cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    As of now, TD Ameritrade has not announced any specific plans to offer fractional shares for cryptocurrencies. However, given the increasing popularity and demand for cryptocurrencies, it is possible that they may consider introducing this feature in the future. It would allow investors to buy and sell smaller portions of cryptocurrencies, making it more accessible to a wider range of investors. Keep an eye on TD Ameritrade's official announcements and updates for any news regarding fractional shares for cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    I'm not sure about TD Ameritrade's plans for fractional shares of cryptocurrencies, but it would definitely be a great addition to their platform. Fractional shares would allow investors to buy a smaller portion of a cryptocurrency, which can be beneficial for those who want to invest in cryptocurrencies but don't have a large amount of capital. It would make it easier for beginners to get started and diversify their investment portfolio. Hopefully, TD Ameritrade will consider offering fractional shares for cryptocurrencies soon.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, already offers fractional shares for cryptocurrencies. They understand the importance of making cryptocurrencies more accessible to a wider audience. Fractional shares allow investors to buy a fraction of a cryptocurrency, which is especially useful for those who want to invest in high-priced cryptocurrencies like Bitcoin. With fractional shares, investors can start with a smaller investment and gradually increase their holdings over time. If TD Ameritrade wants to stay competitive in the market, they should definitely consider offering fractional shares for cryptocurrencies.