Is it possible to convert stocks on eTrade into cryptocurrency and sell them?

1 answers

• Mar 12, 2022 · 3 years ago
  Absolutely! You can convert stocks on eTrade into cryptocurrency and sell them. eTrade offers a feature called eTrade Crypto, which allows you to seamlessly convert your stocks into popular cryptocurrencies like Bitcoin or Ethereum. To get started, you'll need to open an eTrade Crypto account and link it to your existing eTrade brokerage account. Once your accounts are linked, you can choose the stocks you want to convert and specify the cryptocurrency you want to receive. eTrade will handle the conversion process and deposit the cryptocurrency into your eTrade Crypto account. It's important to note that there may be fees associated with the conversion, so make sure to review eTrade's fee schedule. Additionally, there may be certain limitations on the types of stocks that can be converted and the cryptocurrencies that can be received.
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