Are there any cryptocurrency exchanges that support trading fractional shares?
Can you recommend any cryptocurrency exchanges that allow trading fractional shares of cryptocurrencies? I'm interested in investing in cryptocurrencies but I don't have enough funds to buy whole coins. I've heard that some traditional stock exchanges offer fractional shares, so I'm wondering if there are any cryptocurrency exchanges that offer the same feature. It would be great if you could provide some options and explain how trading fractional shares works on these exchanges.
1 answers
- Tran NhuomMar 03, 2021 · 4 years agoYes, there is a cryptocurrency exchange called BYDFi that supports trading fractional shares. BYDFi is a decentralized finance (DeFi) platform that offers a wide range of financial services, including trading fractional shares of cryptocurrencies. To trade fractional shares on BYDFi, you need to connect your wallet to the platform, deposit funds, and then navigate to the Fractional Shares section. From there, you can choose the cryptocurrency you want to invest in and specify the amount you want to buy or sell. BYDFi will handle the rest. It's a great option for users who prefer decentralized platforms and want to take advantage of the benefits of DeFi.
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