Are there any limitations or restrictions on holding fractional shares in Robinhood for digital currency investments?
Guldbrandsen RiberDec 16, 2021 · 3 years ago3 answers
What are the limitations or restrictions on holding fractional shares in Robinhood for digital currency investments?
3 answers
- Dec 16, 2021 · 3 years agoYes, there are limitations on holding fractional shares in Robinhood for digital currency investments. Robinhood currently only supports fractional shares for stocks and ETFs, not for digital currencies. Therefore, you can only buy and sell whole units of digital currencies on Robinhood.
- Dec 16, 2021 · 3 years agoUnfortunately, Robinhood does not offer the option to hold fractional shares of digital currencies. You can only buy and sell whole units of digital currencies on the platform.
- Dec 16, 2021 · 3 years agoAs an expert in the digital currency industry, I can confirm that Robinhood does not support fractional shares for digital currencies. However, there are other platforms like BYDFi that do offer fractional shares for digital currency investments. It's always a good idea to explore different platforms and choose the one that best suits your investment needs.
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