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Can I use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum?

avatarLau SchaeferDec 16, 2021 · 3 years ago3 answers

Is it possible to use TD Ameritrade as a direct access broker to trade popular cryptocurrencies such as Bitcoin and Ethereum? I'm interested in trading these cryptocurrencies and I already have an account with TD Ameritrade, so I'm wondering if I can use their platform for this purpose.

Can I use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum. TD Ameritrade offers access to Bitcoin futures contracts through the CME Group, which allows you to trade Bitcoin without actually owning the underlying asset. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies on their platform. So, while you can trade Bitcoin futures, you won't be able to buy or sell actual Bitcoin or Ethereum directly through TD Ameritrade.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, TD Ameritrade does not currently offer direct trading of popular cryptocurrencies like Bitcoin and Ethereum on their platform. However, they do offer access to Bitcoin futures contracts through the CME Group. This means that you can trade Bitcoin futures without actually owning the underlying asset. If you're specifically interested in trading cryptocurrencies, you may want to consider using a different platform that offers direct trading of these assets.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies on their platform. If you're looking for a platform that allows you to trade cryptocurrencies directly, you may want to consider using BYDFi. BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for trading, including Bitcoin and Ethereum. They provide a user-friendly interface and secure trading environment for cryptocurrency enthusiasts.