What are the differences between fidelity and schwab in terms of their involvement in the cryptocurrency market?

3 answers

• Dec 15, 2021 · 3 years ago
  Fidelity and Schwab have different approaches when it comes to cryptocurrency. Fidelity has been more proactive in embracing digital assets, offering custody services and even launching a dedicated cryptocurrency subsidiary called Fidelity Digital Assets. On the other hand, Schwab has been more cautious and has not directly entered the cryptocurrency market. However, Schwab does allow its customers to invest in certain cryptocurrency-related products through its platform. Overall, Fidelity has shown a stronger commitment to the cryptocurrency market compared to Schwab.
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• Dec 15, 2021 · 3 years ago
  When it comes to cryptocurrency, Fidelity and Schwab take different paths. Fidelity has taken a more active role by providing services specifically tailored to digital assets, such as custody solutions and a dedicated subsidiary for cryptocurrency. Schwab, on the other hand, has taken a more conservative approach and has not directly entered the cryptocurrency market. However, Schwab does offer its customers the opportunity to invest in certain cryptocurrency-related products. So, while Fidelity is more involved in the cryptocurrency market, Schwab still provides some options for those interested in digital assets.
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• Dec 15, 2021 · 3 years ago
  Fidelity and Schwab have contrasting approaches to the cryptocurrency market. Fidelity has made significant strides in the industry, establishing itself as a leader in digital asset custody and even launching a subsidiary focused solely on cryptocurrency. In contrast, Schwab has been more cautious and has not directly entered the cryptocurrency market. However, Schwab does allow its customers to invest in certain cryptocurrency-related products. So, while Fidelity is more actively involved in the cryptocurrency market, Schwab still offers some exposure to digital assets for its customers.
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