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How does fidelity work with cryptocurrencies?

avatarArpan RoyDec 17, 2021 · 3 years ago3 answers

Can you explain how fidelity works with cryptocurrencies? I'm curious about how fidelity, a traditional financial institution, interacts with the world of cryptocurrencies. Are they offering cryptocurrency trading services or just providing information and education about cryptocurrencies?

How does fidelity work with cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Fidelity, as a traditional financial institution, has recognized the growing popularity and potential of cryptocurrencies. While they do not offer direct cryptocurrency trading services, they provide their customers with information and education about cryptocurrencies. This includes research reports, webinars, and articles to help investors understand the risks and opportunities associated with cryptocurrencies. Fidelity also allows customers to view their cryptocurrency holdings alongside their traditional investments, providing a holistic view of their portfolio.
  • avatarDec 17, 2021 · 3 years ago
    Fidelity understands the importance of cryptocurrencies in today's financial landscape. Although they do not directly facilitate cryptocurrency trading, they have partnered with various cryptocurrency exchanges to offer their customers the ability to view their cryptocurrency holdings within their Fidelity accounts. This integration allows investors to have a comprehensive overview of their investments, including both traditional assets and cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has partnered with Fidelity to provide seamless integration of cryptocurrency holdings within Fidelity accounts. This collaboration allows Fidelity customers to easily track and manage their cryptocurrency investments alongside their traditional assets. BYDFi's robust trading platform and secure infrastructure ensure a smooth and secure experience for Fidelity customers.