What are the advantages of buying fractional shares of digital currencies on Fidelity?
Liu HaoJieDec 26, 2021 · 3 years ago3 answers
What are the benefits of purchasing fractional shares of digital currencies on Fidelity? How does it differ from buying whole coins or tokens?
3 answers
- Dec 26, 2021 · 3 years agoOne advantage of buying fractional shares of digital currencies on Fidelity is that it allows investors to get exposure to the cryptocurrency market without having to invest a large amount of money. By purchasing fractional shares, investors can own a portion of a digital currency, which can be more affordable and less risky than buying a whole coin or token. Additionally, Fidelity provides a secure and regulated platform for trading digital currencies, giving investors peace of mind.
- Dec 26, 2021 · 3 years agoWhen you buy fractional shares of digital currencies on Fidelity, you can diversify your investment portfolio. Instead of putting all your eggs in one basket by buying a whole coin or token, you can spread your investment across multiple digital currencies. This can help mitigate the risk associated with investing in a single cryptocurrency. Fidelity also offers tools and resources to help investors make informed decisions, such as research reports and educational materials.
- Dec 26, 2021 · 3 years agoFractional shares of digital currencies on Fidelity are a great way for investors to start their journey in the cryptocurrency market. With fractional shares, you can invest as little as you want, making it accessible to a wider range of investors. Fidelity's platform is user-friendly and provides a seamless trading experience. They also offer a wide range of digital currencies to choose from, allowing investors to diversify their portfolio and potentially benefit from the growth of different cryptocurrencies.
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