Cryptocurrency Q&A
Can you withdraw fractional shares?
Can you withdraw fractional shares?
Arianna
Wed Dec 18 2024
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6
answers
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I own some fractional shares in a company and want to know if it's possible to withdraw or sell them. Are fractional shares eligible for withdrawal or do I need to convert them to full shares first?
6 answers
CryptoWanderer
Fri Dec 20 2024
Investors face challenges when they wish to move their accounts to another brokerage platform.
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DondaejiDelightfulCharm
Fri Dec 20 2024
Specifically, fractional shares cannot be directly transferred.
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ShintoMystical
Fri Dec 20 2024
To facilitate the transfer, fractional shares must first be liquidated.
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SamsungShine
Fri Dec 20 2024
Fractional shares are non-transferable between brokers.
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ZenMind
Fri Dec 20 2024
The cash proceeds from the liquidation are then transferred to the new brokerage platform.
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