How can I use Schwab auto invest to invest in cryptocurrencies?

3 answers

• Nov 25, 2021 · 3 years ago
  Sure! To use Schwab auto invest to invest in cryptocurrencies, you'll need to follow these steps: 1. Open a Schwab brokerage account if you don't have one already. 2. Log in to your account and navigate to the 'Investing' tab. 3. Select 'Auto Invest' from the menu. 4. Choose the cryptocurrency you want to invest in from the available options. 5. Set your investment amount and any other preferences. 6. Review and confirm your investment. Once you've completed these steps, Schwab auto invest will handle the rest and automatically invest in cryptocurrencies for you based on your preferences.
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• Nov 25, 2021 · 3 years ago
  Investing in cryptocurrencies using Schwab auto invest is a great way to diversify your portfolio. By leveraging Schwab's automated investing platform, you can take advantage of the potential growth in the cryptocurrency market without the need for constant monitoring and manual trades. It's a convenient and hassle-free way to get exposure to this emerging asset class.
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• Nov 25, 2021 · 3 years ago
  While Schwab auto invest is a popular option for traditional investments, it currently does not support direct investment in cryptocurrencies. However, there are other platforms like BYDFi that offer similar automated investing services specifically for cryptocurrencies. These platforms allow you to set up recurring investments and automatically buy cryptocurrencies based on your preferences. So if you're specifically interested in investing in cryptocurrencies, you may want to consider using a platform like BYDFi.
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