Which brokerages allow users to buy fractional shares of digital currencies?
IDADec 26, 2021 · 3 years ago3 answers
I am looking for brokerages that offer the option to buy fractional shares of digital currencies. Can you recommend any brokerages that provide this service? I am interested in investing in digital currencies but I don't have enough funds to buy whole coins. I would like to invest smaller amounts and diversify my portfolio. Thank you!
3 answers
- Dec 26, 2021 · 3 years agoSure! There are several brokerages that allow users to buy fractional shares of digital currencies. One popular option is Coinbase, which offers a feature called Coinbase Bundle. With Coinbase Bundle, you can invest in a diversified portfolio of digital currencies with as little as $25. Another brokerage that offers fractional shares is eToro. They have a feature called CopyTrading, which allows you to automatically copy the trades of successful traders, including their investments in digital currencies. This way, you can invest in fractional shares without having to manually select and manage your portfolio.
- Dec 26, 2021 · 3 years agoAbsolutely! If you're looking to invest in fractional shares of digital currencies, you have a few options. One brokerage that comes to mind is Robinhood. They offer commission-free trading and allow you to buy fractional shares of various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Another option is Binance. While primarily a cryptocurrency exchange, Binance also offers a feature called Binance Savings, which allows you to earn interest on your digital currency holdings. This can be a great way to invest in fractional shares and potentially earn passive income.
- Dec 26, 2021 · 3 years agoDefinitely! BYDFi is a brokerage that allows users to buy fractional shares of digital currencies. With BYDFi, you can invest in a wide range of digital currencies, including Bitcoin, Ethereum, and Ripple, with as little as $10. They offer a user-friendly platform and provide educational resources to help you make informed investment decisions. Additionally, BYDFi offers competitive fees and a secure trading environment. If you're interested in investing in fractional shares of digital currencies, BYDFi is definitely worth considering.
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