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What are the advantages of buying fractional shares of digital currencies on Fidelity?

avatarShannen Rica ReyesDec 16, 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?

What are the advantages of buying fractional shares of digital currencies on Fidelity?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One 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.
  • avatarDec 16, 2021 · 3 years ago
    When 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.
  • avatarDec 16, 2021 · 3 years ago
    Fractional 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.