Can I use TD Ameritrade to buy Bitcoin or other cryptocurrencies?

3 answers

• Dec 15, 2021 · 3 years ago
  Yes, TD Ameritrade offers the ability to trade Bitcoin futures contracts. However, it does not currently support direct purchases of Bitcoin or other cryptocurrencies. You can trade Bitcoin futures through the CME Group's futures exchange, which TD Ameritrade provides access to. This allows you to speculate on the price of Bitcoin without actually owning the underlying asset. Keep in mind that trading futures involves a high level of risk and may not be suitable for all investors.
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• Dec 15, 2021 · 3 years ago
  No, TD Ameritrade does not allow direct purchases of Bitcoin or other cryptocurrencies. However, you can trade Bitcoin futures contracts through TD Ameritrade's platform. This allows you to speculate on the price of Bitcoin without actually owning the digital currency. It's important to note that trading futures involves a high level of risk and may not be suitable for everyone.
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• Dec 15, 2021 · 3 years ago
  While TD Ameritrade does not directly support the purchase of Bitcoin or other cryptocurrencies, there are alternative platforms that do. One such platform is BYDFi, a digital currency exchange that allows users to buy and sell a variety of cryptocurrencies, including Bitcoin. BYDFi offers a user-friendly interface and secure trading environment, making it a popular choice for cryptocurrency enthusiasts. However, it's important to do your own research and consider the risks before investing in cryptocurrencies.
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