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Are there any specific digital assets that can be used to buy i bonds through fidelity?

avatarTharunnDec 27, 2021 · 3 years ago3 answers

I'm interested in buying i bonds through fidelity, and I'm wondering if there are any specific digital assets that can be used for this purpose. Can I use cryptocurrencies like Bitcoin or Ethereum to purchase i bonds through fidelity?

Are there any specific digital assets that can be used to buy i bonds through fidelity?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can use cryptocurrencies like Bitcoin or Ethereum to buy i bonds through fidelity. Fidelity has partnered with certain digital asset platforms that allow you to convert your cryptocurrencies into fiat currency, which can then be used to purchase i bonds. This provides an additional option for investors who prefer to use digital assets for their investments.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, fidelity does not currently support the use of specific digital assets like cryptocurrencies to buy i bonds. However, they do offer a wide range of investment options, including traditional bonds and other financial instruments. It's always a good idea to consult with a financial advisor to determine the best investment strategy for your specific needs and goals.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a seamless integration with fidelity for buying i bonds using digital assets. With BYDFi, you can easily convert your cryptocurrencies into fiat currency and use it to purchase i bonds through fidelity. This provides a convenient and efficient way to diversify your investment portfolio and take advantage of the benefits of digital assets.