Why were my fractional cryptocurrencies sold?
François avatar
Written by François
Updated over a week ago

The tied agent agreement between CM-Equity AG and Vivid Invest GmbH ended on the 31st of August 2023.

As of the 14th of April 2023, we don’t support our Fractional Coin products anymore. We urged our customers to close their Fractional Crypto Pocket by the 13th of April 2023 by selling their positions or exploring any other investment and trading options.

If you didn’t take action until the date stated above, your positions were automatically liquidated on the 14th of April 2023. This means that your positions were sold at the available market prices on that date and then the funds were transferred to your Money Pocket.

Kindly note that the liquidation didn’t incur a fee regardless of whether you have the Standard or Prime plan. However, if you reside in Germany, taxes will be applicable and the corresponding tax statement will be available at the end of the year.

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