Can I buy and sell cryptocurrencies on both e trade and fidelity? What are the fees and limitations on each platform?

Is it possible to buy and sell cryptocurrencies on both e trade and fidelity? What are the fees and limitations associated with each platform?

3 answers
- Yes, both e trade and fidelity offer the ability to buy and sell cryptocurrencies. However, it's important to note that the availability of specific cryptocurrencies may vary between the two platforms. As for the fees, e trade charges a commission fee of $6.95 per trade for cryptocurrencies, while fidelity charges a fee of $4.95 per trade. Additionally, e trade imposes a 0.75% spread on cryptocurrency trades, while fidelity does not charge any spread. In terms of limitations, e trade currently supports trading of Bitcoin and Ethereum only, while fidelity offers access to a wider range of cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Mar 19, 2022 · 3 years ago
- Absolutely! Both e trade and fidelity allow users to buy and sell cryptocurrencies. However, it's worth mentioning that the range of available cryptocurrencies may differ between the two platforms. In terms of fees, e trade charges a commission fee of $6.95 per trade for cryptocurrencies, while fidelity charges a commission fee of $4.95 per trade. Additionally, e trade applies a spread of 0.75% on cryptocurrency trades, whereas fidelity does not charge any spread. As for limitations, e trade currently supports trading of Bitcoin and Ethereum only, while fidelity offers a wider selection including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Mar 19, 2022 · 3 years ago
- Yes, you can buy and sell cryptocurrencies on both e trade and fidelity. However, it's important to note that each platform has its own set of fees and limitations. E trade charges a commission fee of $6.95 per trade for cryptocurrencies, along with a spread of 0.75%. On the other hand, fidelity charges a commission fee of $4.95 per trade and does not impose any spread on cryptocurrency trades. In terms of available cryptocurrencies, e trade currently supports Bitcoin and Ethereum, while fidelity offers a broader range including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. It's always a good idea to compare the fees and available cryptocurrencies on both platforms before making a decision.
Mar 19, 2022 · 3 years ago
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