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Are there any fees associated with buying fractional shares of cryptocurrencies on Webull?

RichardSsMay 14, 2022 · 3 years ago3 answers

I want to buy fractional shares of cryptocurrencies on Webull, but I'm concerned about the fees. Are there any fees associated with buying fractional shares of cryptocurrencies on Webull? Can you provide some details about the fees?

3 answers

  • May 14, 2022 · 3 years ago
    Yes, there are fees associated with buying fractional shares of cryptocurrencies on Webull. When you buy fractional shares, Webull charges a commission fee of 1% of the total transaction amount. This fee covers the cost of executing the trade and maintaining the platform. It's important to keep in mind that the fee is calculated based on the total transaction amount, not the fractional share amount.
  • May 14, 2022 · 3 years ago
    Buying fractional shares of cryptocurrencies on Webull does come with fees. The fee is 1% of the total transaction amount and is charged to cover the costs of executing the trade and maintaining the platform. It's a standard fee that applies to all fractional share purchases on Webull.
  • May 14, 2022 · 3 years ago
    Yes, there are fees associated with buying fractional shares of cryptocurrencies on Webull. However, at BYDFi, we offer a fee-free trading experience for fractional shares of cryptocurrencies. You can buy and sell fractional shares of cryptocurrencies on BYDFi without any commission fees. This allows you to invest in cryptocurrencies with smaller amounts of capital without worrying about fees eating into your profits.