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Is it possible to purchase Bitcoin through Ameritrade?

avatarJonnyDec 18, 2021 · 3 years ago3 answers

Can I buy Bitcoin through Ameritrade? I'm interested in investing in Bitcoin and I'm wondering if Ameritrade offers this option. Can I use my Ameritrade account to purchase Bitcoin directly?

Is it possible to purchase Bitcoin through Ameritrade?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to purchase Bitcoin through Ameritrade. Ameritrade offers Bitcoin futures trading through the CME Group, which allows investors to gain exposure to Bitcoin without directly owning it. However, it's important to note that Ameritrade does not currently offer direct Bitcoin purchasing on their platform. If you're looking to buy Bitcoin directly, you may need to use a different cryptocurrency exchange.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, Ameritrade does not currently offer the option to purchase Bitcoin directly. However, they do offer Bitcoin futures trading through the CME Group. This means that you can still gain exposure to Bitcoin's price movements without actually owning the cryptocurrency. If you're specifically looking to buy Bitcoin, you may need to consider using a different cryptocurrency exchange that offers direct purchasing.
  • avatarDec 18, 2021 · 3 years ago
    While Ameritrade does not offer direct Bitcoin purchasing, you can still invest in Bitcoin through other platforms. BYDFi, for example, is a popular cryptocurrency exchange that allows users to buy and sell Bitcoin. They offer a user-friendly interface and competitive fees. If you're interested in purchasing Bitcoin, you may want to consider using BYDFi or another reputable cryptocurrency exchange.