How does Fidelity facilitate the purchase of fractional shares of digital currencies?

3 answers

• Manideep AnnarapuOct 06, 2024 · 10 months ago
  Fidelity offers a unique feature that allows investors to purchase fractional shares of digital currencies. This means that you don't need to buy a whole coin, but can instead invest in a fraction of a coin. This is particularly beneficial for those who want to invest in high-value cryptocurrencies like Bitcoin or Ethereum, but don't have the funds to buy a full coin. By enabling the purchase of fractional shares, Fidelity makes it more accessible for investors to enter the digital currency market and diversify their portfolios.
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• HoovyManDec 18, 2022 · 3 years ago
  Sure! Fidelity's platform allows investors to buy fractional shares of digital currencies through their brokerage accounts. This means that you can invest in a specific dollar amount of a digital currency, rather than having to buy a whole coin. Fidelity's platform calculates the fractional shares based on the current market price of the digital currency. This feature is especially useful for investors who want to invest in multiple digital currencies without having to allocate a large amount of capital to each one.
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• cprovpoJun 16, 2022 · 3 years ago
  Fidelity is not the only platform that facilitates the purchase of fractional shares of digital currencies. Other exchanges and brokerage firms also offer similar features. However, Fidelity is known for its reputation and reliability in the financial industry. It provides a user-friendly interface and a wide range of digital currencies to choose from. Additionally, Fidelity offers robust security measures to protect investors' assets. Overall, Fidelity's platform is a convenient and trustworthy option for investors looking to buy fractional shares of digital currencies.
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