Is it possible to fund a TD Ameritrade account with Bitcoin and how long does it usually take?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, it is possible to fund a TD Ameritrade account with Bitcoin. TD Ameritrade has partnered with ErisX, a regulated cryptocurrency exchange, to allow clients to trade Bitcoin futures contracts. To fund your account with Bitcoin, you'll need to transfer your Bitcoin holdings to your ErisX account first. Once the transfer is complete, you can then use the funds in your ErisX account to trade Bitcoin futures on TD Ameritrade's platform. The time it takes for the transfer to be completed may vary depending on the network congestion and transaction fees associated with the Bitcoin network. Generally, it can take anywhere from a few minutes to a few hours for the transfer to be confirmed.
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• Dec 16, 2021 · 3 years ago
  Absolutely! TD Ameritrade offers the option to fund your account with Bitcoin. By linking your TD Ameritrade account with your Bitcoin wallet, you can easily transfer your Bitcoin holdings to your TD Ameritrade account. The transfer process usually takes around 30 minutes to an hour, but it can vary depending on the network traffic and transaction fees. Once the transfer is complete, you can start trading Bitcoin and other cryptocurrencies on TD Ameritrade's platform.
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• Dec 16, 2021 · 3 years ago
  Yes, you can fund a TD Ameritrade account with Bitcoin. However, it's important to note that TD Ameritrade doesn't directly support Bitcoin deposits. Instead, you'll need to use a third-party service like BYDFi to convert your Bitcoin into a fiat currency, such as USD, and then deposit the fiat currency into your TD Ameritrade account. The process usually takes a few hours to complete, depending on the speed of the third-party service and the network congestion of the Bitcoin network. Once the fiat currency is deposited into your TD Ameritrade account, you can start trading stocks, ETFs, and other assets offered by TD Ameritrade.
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