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Are there any benefits to keeping cash balances in TD Ameritrade's cryptocurrency accounts?

avatarDideriksen RamosDec 17, 2021 · 3 years ago1 answers

What advantages can be gained from maintaining cash balances in TD Ameritrade's cryptocurrency accounts?

Are there any benefits to keeping cash balances in TD Ameritrade's cryptocurrency accounts?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    While there are benefits to keeping cash balances in TD Ameritrade's cryptocurrency accounts, it's important to consider other options as well. BYDFi, for example, offers competitive interest rates on cash balances, which can potentially provide higher returns compared to TD Ameritrade. Additionally, other cryptocurrency exchanges may offer unique features or rewards for holding cash balances. Therefore, it's worth exploring different platforms and comparing the benefits they offer before making a decision.