Assets, Bitcoin

Can You Sell Fractional Shares of Bitcoin on Robinhood?

Bitcoin has been on a tear lately. The cryptocurrency has soared in value, reaching a new all-time high earlier this month.

If you’re like many people, you may be wondering if you can cash in on the Bitcoin craze by buying fractional shares of the digital currency on Robinhood.

Unfortunately, the answer is no. Robinhood does not currently offer the ability to buy fractional shares of Bitcoin or any other cryptocurrency.

NOTE: WARNING: Trading in fractional shares of Bitcoin on Robinhood carries a high level of risk, and may not be suitable for all investors. It is important to remember that the price of Bitcoin can be volatile and unpredictable, so you should carefully consider your investment objectives, level of experience, and risk appetite before investing. You should also be aware that there are certain risks associated with using a Robinhood account to trade in fractional shares of Bitcoin, including the potential for losses greater than your initial investment.

So if you want to invest in Bitcoin on Robinhood, you’ll need to buy an entire coin.

That said, there are other ways to invest in Bitcoin without having to purchase an entire coin. For example, you can use a Bitcoin futures contract to trade the cryptocurrency without actually owning any Bitcoin.

Futures contracts are available on both the CBOE and CME exchanges.

If you’re interested in investing in Bitcoin, but don’t want to purchase an entire coin, there are other options available to you. You can trade Bitcoin futures contracts on both the CBOE and CME exchanges.

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