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Are there any limitations or restrictions on holding fractional shares in Robinhood for digital currency investments?

avatarAmir AsgariDec 28, 2021 · 3 years ago3 answers

What are the limitations or restrictions on holding fractional shares in Robinhood for digital currency investments?

Are there any limitations or restrictions on holding fractional shares in Robinhood for digital currency investments?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are limitations on holding fractional shares in Robinhood for digital currency investments. Robinhood currently only supports fractional shares for stocks and ETFs, not for digital currencies. Therefore, you can only buy and sell whole units of digital currencies on Robinhood.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Robinhood does not offer the option to hold fractional shares of digital currencies. You can only buy and sell whole units of digital currencies on the platform.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the digital currency industry, I can confirm that Robinhood does not support fractional shares for digital currencies. However, there are other platforms like BYDFi that do offer fractional shares for digital currency investments. It's always a good idea to explore different platforms and choose the one that best suits your investment needs.