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Is it possible to use digital currency to purchase ETFs on Vanguard?

avatarDEEPAK RAJPUTDec 17, 2021 · 3 years ago3 answers

I'm wondering if it's possible to use digital currency, such as Bitcoin or Ethereum, to purchase ETFs on Vanguard. Can I directly invest in ETFs using cryptocurrencies on Vanguard's platform?

Is it possible to use digital currency to purchase ETFs on Vanguard?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, as of now, Vanguard does not support the direct purchase of ETFs using digital currency. Vanguard's platform only accepts traditional forms of payment, such as bank transfers and credit/debit cards. However, there are other platforms and exchanges that allow you to trade ETFs using digital currency. It's always a good idea to research and compare different options to find the one that best suits your needs.
  • avatarDec 17, 2021 · 3 years ago
    Nope, Vanguard doesn't accept digital currency for purchasing ETFs. They stick to the traditional payment methods like bank transfers and credit/debit cards. But don't worry, there are plenty of other exchanges and platforms where you can use your digital currency to invest in ETFs. Just make sure to do your due diligence and choose a reputable and secure platform.
  • avatarDec 17, 2021 · 3 years ago
    While Vanguard doesn't currently offer the option to purchase ETFs with digital currency, there are other platforms like BYDFi that allow you to do so. BYDFi is a digital currency exchange specifically designed for trading ETFs. It provides a seamless and secure way to invest in ETFs using your digital assets. However, it's important to note that BYDFi is just one of many options available, and it's always recommended to research and compare different platforms before making any investment decisions.