common-close-0
BYDFi
Trade wherever you are!

Are there any limitations or restrictions when trading fractional shares of cryptocurrencies on Fidelity?

avatarJenisha GuragainDec 26, 2021 · 3 years ago3 answers

What are the limitations or restrictions that I should be aware of when trading fractional shares of cryptocurrencies on Fidelity?

Are there any limitations or restrictions when trading fractional shares of cryptocurrencies on Fidelity?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When trading fractional shares of cryptocurrencies on Fidelity, there are a few limitations and restrictions to keep in mind. Firstly, Fidelity currently only offers fractional trading for a select number of cryptocurrencies, so not all cryptocurrencies may be available for fractional trading. Additionally, there may be minimum investment requirements for trading fractional shares of cryptocurrencies on Fidelity. It's important to check the specific requirements for each cryptocurrency before trading. Lastly, it's worth noting that the availability of fractional trading may vary depending on your jurisdiction. Some regions may have restrictions or limitations on trading fractional shares of cryptocurrencies. It's always a good idea to consult with Fidelity or seek professional advice to ensure compliance with local regulations.
  • avatarDec 26, 2021 · 3 years ago
    Trading fractional shares of cryptocurrencies on Fidelity comes with a few limitations and restrictions. Firstly, not all cryptocurrencies are available for fractional trading on Fidelity. They have a select number of cryptocurrencies that can be traded in fractions. Secondly, there may be minimum investment requirements for trading fractional shares of cryptocurrencies. These requirements may vary depending on the cryptocurrency. Lastly, it's important to note that the availability of fractional trading may be subject to regional restrictions. Different jurisdictions may have different regulations regarding fractional trading of cryptocurrencies. It's advisable to check with Fidelity or consult with a financial advisor to understand the specific limitations and restrictions in your region.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading fractional shares of cryptocurrencies on Fidelity, there are a few things to consider. Fidelity offers fractional trading for a limited number of cryptocurrencies, so not all cryptocurrencies may be available for fractional trading. Additionally, there may be minimum investment requirements for trading fractional shares of cryptocurrencies on Fidelity. These requirements may vary depending on the specific cryptocurrency. It's important to check the details for each cryptocurrency before making any trades. Furthermore, the availability of fractional trading may be subject to regional restrictions. Different jurisdictions may have different regulations when it comes to trading fractional shares of cryptocurrencies. It's always a good idea to do your research and consult with Fidelity or a financial advisor to understand any limitations or restrictions that may apply to your specific situation.