How does Fidelity's offering of fractional shares benefit cryptocurrency investors?

3 answers

• Dec 16, 2021 · 3 years ago
  Fidelity's offering of fractional shares benefits cryptocurrency investors by allowing them to invest in cryptocurrencies with smaller amounts of money. This means that investors can diversify their portfolios and reduce risk by spreading their investments across multiple cryptocurrencies. Additionally, fractional shares make it easier for investors to enter the cryptocurrency market, as they no longer need to buy whole units of a cryptocurrency. This opens up investment opportunities to a wider range of individuals who may not have large amounts of capital to invest.
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• Dec 16, 2021 · 3 years ago
  Investing in cryptocurrencies can be intimidating for some people, especially if they don't have a lot of money to invest. However, Fidelity's offering of fractional shares makes it more accessible for individuals to get involved in the cryptocurrency market. By allowing investors to buy fractions of a cryptocurrency, Fidelity is breaking down the barrier of entry and giving everyone the opportunity to participate in this exciting and potentially lucrative market.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, also recognizes the benefits of fractional shares for cryptocurrency investors. By offering fractional shares, BYDFi allows investors to diversify their portfolios and invest in multiple cryptocurrencies without needing to buy whole units. This flexibility gives investors the ability to spread their risk and potentially increase their returns. With BYDFi's user-friendly platform and competitive fees, investors can easily take advantage of the benefits of fractional shares and make the most of their cryptocurrency investments.
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