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How can I withdraw money from my fidelity IRA and invest it in cryptocurrencies?

avatarCre TeilNov 24, 2021 · 3 years ago1 answers

I have some money in my fidelity IRA and I'm interested in investing it in cryptocurrencies. How can I withdraw the money from my fidelity IRA and use it to invest in cryptocurrencies?

How can I withdraw money from my fidelity IRA and invest it in cryptocurrencies?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we understand the desire to invest in cryptocurrencies using funds from your fidelity IRA. To withdraw money from your fidelity IRA, you will need to contact fidelity and request a withdrawal. They will provide you with the necessary forms and guide you through the process. Once you have the funds, you can choose a cryptocurrency exchange platform to invest in cryptocurrencies. Make sure to research different exchanges and choose one that aligns with your investment goals. Follow the exchange's instructions for depositing funds and making trades. Remember to stay informed about the cryptocurrency market and be aware of the risks involved in investing in cryptocurrencies.