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How can I buy cryptocurrencies with Schwab?

avatarJake Griffiths-EllisDec 13, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrencies and I have an account with Schwab. How can I buy cryptocurrencies using Schwab?

How can I buy cryptocurrencies with Schwab?

3 answers

  • avatarDec 13, 2021 · 3 years ago
    To buy cryptocurrencies with Schwab, you can consider using a cryptocurrency exchange that is supported by Schwab. Some popular exchanges that are supported by Schwab include Coinbase, Gemini, and Kraken. You can create an account with any of these exchanges and link it to your Schwab account. Once your accounts are linked, you can transfer funds from your Schwab account to the exchange and use those funds to buy cryptocurrencies. It's important to note that Schwab does not directly offer cryptocurrency trading services, so you'll need to use a supported exchange to make your purchases.
  • avatarDec 13, 2021 · 3 years ago
    Buying cryptocurrencies with Schwab is not directly possible as Schwab does not offer cryptocurrency trading services. However, you can use Schwab to invest in cryptocurrency-related stocks or funds. Schwab offers a wide range of investment options, including stocks of companies involved in the cryptocurrency industry or funds that track the performance of cryptocurrencies. This way, you can indirectly invest in cryptocurrencies through Schwab.
  • avatarDec 13, 2021 · 3 years ago
    While BYDFi is a popular cryptocurrency exchange, it is not supported by Schwab. However, you can still buy cryptocurrencies with Schwab by using other supported exchanges like Coinbase, Gemini, or Kraken. These exchanges offer a user-friendly interface and a wide range of cryptocurrencies to choose from. Simply create an account with one of these exchanges, link it to your Schwab account, and transfer funds to start buying cryptocurrencies.