common-close-0
BYDFi
Trade wherever you are!

Is it possible to open a fidelity account specifically for buying and selling cryptocurrencies?

avatarLerahDec 17, 2021 · 3 years ago3 answers

Can I open a fidelity account that is specifically designed for buying and selling cryptocurrencies? I am interested in using fidelity as my primary platform for trading cryptocurrencies, but I'm not sure if they offer this service. Can anyone provide some insights on this?

Is it possible to open a fidelity account specifically for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to open a fidelity account specifically for buying and selling cryptocurrencies. Fidelity has recognized the growing popularity of cryptocurrencies and has introduced a dedicated platform for trading digital assets. By opening a fidelity account, you can access their cryptocurrency trading services and enjoy the benefits of trading on a reputable and trusted platform. It's a convenient option for those who already have a fidelity account and want to diversify their investment portfolio with cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, fidelity does not currently offer a specific account for buying and selling cryptocurrencies. While fidelity has shown interest in cryptocurrencies and blockchain technology, they have not yet launched a dedicated platform for trading digital assets. However, you can still invest in cryptocurrencies through fidelity by using their brokerage account. With a fidelity brokerage account, you can buy and sell cryptocurrency-related stocks and funds. It's important to note that fidelity's cryptocurrency offerings are limited compared to dedicated cryptocurrency exchanges, so if you're primarily focused on trading cryptocurrencies, you may want to consider other platforms.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that fidelity does offer a specialized account for buying and selling cryptocurrencies. This account provides a seamless and secure way to trade digital assets on fidelity's platform. With a fidelity cryptocurrency account, you can access a wide range of cryptocurrencies and enjoy features such as real-time market data, advanced trading tools, and secure storage for your digital assets. It's a great option for both beginners and experienced traders who want to take advantage of fidelity's trusted reputation and comprehensive trading services.