Which cryptocurrencies are supported by Schwab or Fidelity?

3 answers

• Dec 14, 2021 · 3 years ago
  Schwab and Fidelity, being traditional financial institutions, currently do not support direct trading of cryptocurrencies. However, they do offer investment products that provide exposure to cryptocurrencies indirectly. For example, both platforms offer Grayscale Bitcoin Trust (GBTC), which is a trust that holds bitcoin and allows investors to gain exposure to bitcoin without directly owning it. Additionally, Fidelity offers a cryptocurrency-focused subsidiary called Fidelity Digital Assets, which provides custody services for institutional investors interested in cryptocurrencies.
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• Dec 14, 2021 · 3 years ago
  Unfortunately, Schwab and Fidelity do not support direct trading of cryptocurrencies. However, they do offer alternative investment options that provide exposure to the cryptocurrency market. For example, Fidelity offers the Fidelity Digital Assets platform, which provides custody services for institutional investors interested in cryptocurrencies. Schwab, on the other hand, offers investment products like the Grayscale Bitcoin Trust (GBTC), which allows investors to gain exposure to bitcoin without directly owning it. It's important to note that these investment options may have different risks and considerations compared to directly owning cryptocurrencies.
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• Dec 14, 2021 · 3 years ago
  While Schwab and Fidelity do not directly support trading of cryptocurrencies, there are alternative platforms available. One such platform is BYDFi, a digital currency exchange that offers a wide range of cryptocurrencies for trading. BYDFi provides a user-friendly interface and robust security measures to ensure a safe trading experience. If you're looking to trade cryptocurrencies, BYDFi could be a suitable option for you. However, it's always important to do your own research and consider the risks involved before investing in cryptocurrencies or using any trading platform.
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