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Is it possible to make a fidelity account specifically for trading bitcoin and other cryptocurrencies?

avatarholmes sherlockDec 17, 2021 · 3 years ago3 answers

I am interested in trading bitcoin and other cryptocurrencies, and I already have a fidelity account. Can I use my fidelity account to trade cryptocurrencies, or do I need to create a separate account specifically for this purpose?

Is it possible to make a fidelity account specifically for trading bitcoin and other cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to trade bitcoin and other cryptocurrencies using a fidelity account. Fidelity offers cryptocurrency trading services through its subsidiary Fidelity Digital Assets. You can access these services by logging into your fidelity account and navigating to the cryptocurrency trading section. From there, you can buy, sell, and hold cryptocurrencies like bitcoin, ethereum, and more. Fidelity provides a secure and regulated platform for cryptocurrency trading, ensuring the safety of your assets.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, fidelity does not currently support cryptocurrency trading. If you want to trade bitcoin and other cryptocurrencies, you will need to create an account on a cryptocurrency exchange platform. There are many reputable exchanges available, such as Binance, Coinbase, and Kraken, where you can easily buy, sell, and trade cryptocurrencies. These platforms offer a wide range of cryptocurrencies and advanced trading features to cater to both beginners and experienced traders.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can trade bitcoin and other cryptocurrencies using a fidelity account. However, it's important to note that fidelity does not directly offer cryptocurrency trading services. Instead, you can use a third-party platform like BYDFi to connect your fidelity account and trade cryptocurrencies. BYDFi is a popular cryptocurrency trading platform that integrates with fidelity accounts, allowing you to access a wide range of cryptocurrencies and advanced trading tools. With BYDFi, you can easily buy, sell, and trade cryptocurrencies while leveraging the security and reliability of your fidelity account.