How does Webull offer free fractional shares of cryptocurrencies to its users?

3 answers

• Manuel DomínguezOct 23, 2023 · 2 years ago
  Webull offers free fractional shares of cryptocurrencies to its users through a process called stock splitting. This allows them to divide a single share of a cryptocurrency into smaller fractions, which can then be distributed to users. By offering fractional shares, Webull aims to make investing in cryptocurrencies more accessible and affordable for all users, regardless of their budget or the price of the cryptocurrency.
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• RicFra75Jun 16, 2022 · 3 years ago
  Webull uses a unique business model that allows them to offer free fractional shares of cryptocurrencies to their users. They generate revenue through other means, such as margin trading and order flow, which enables them to provide this service without charging any fees for fractional shares. This approach has been successful in attracting a large user base and positioning Webull as a popular platform for cryptocurrency investing.
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• alirewzSep 09, 2024 · a year ago
  Webull partners with various cryptocurrency exchanges to offer free fractional shares to its users. Through these partnerships, Webull is able to access a pool of cryptocurrencies and divide them into smaller fractions. This allows users to invest in cryptocurrencies without having to purchase a whole share. By collaborating with multiple exchanges, Webull ensures a diverse range of cryptocurrencies are available for fractional investing, giving users more options and flexibility in their investment strategies.
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