What is fractional ownership in the context of cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  Fractional ownership in the context of cryptocurrency refers to the practice of dividing ownership of a digital asset into smaller, tradable units. Instead of buying a whole digital asset, investors can purchase a fraction of it, allowing them to gain exposure to the asset without having to invest a large amount of money. This concept is similar to owning shares of a company's stock. Fractional ownership is made possible through the use of blockchain technology, which enables the creation and trading of these smaller units. The benefits of fractional ownership include increased liquidity, as smaller units can be easily bought and sold, and the ability to diversify investments across multiple digital assets.
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• Dec 16, 2021 · 3 years ago
  So, fractional ownership in the context of cryptocurrency is like buying a slice of a pizza instead of the whole pie. You can own a fraction of a digital asset, like Bitcoin or Ethereum, without having to buy a whole coin. This opens up investment opportunities for people who may not have enough money to buy a whole coin but still want to participate in the cryptocurrency market. Fractional ownership allows for greater accessibility and flexibility in investing in digital assets.
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• Dec 16, 2021 · 3 years ago
  Fractional ownership is a game-changer in the world of cryptocurrency. With fractional ownership, you don't need to worry about the high price of a single digital asset. You can simply buy a fraction of it and still enjoy the benefits of its price appreciation. It's like having a piece of the pie without breaking the bank. At BYDFi, we understand the importance of fractional ownership and strive to make it accessible to everyone. Our platform allows users to easily buy and sell fractions of digital assets, making it easier than ever to get started in the world of cryptocurrency investing.
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