Are there any specific fees or restrictions when using a fidelity individual brokerage account for buying and selling cryptocurrencies?
Beck BisgaardJan 12, 2022 · 3 years ago1 answers
What are the fees and restrictions associated with using a fidelity individual brokerage account for buying and selling cryptocurrencies?
1 answers
- Jan 12, 2022 · 3 years agoWhen using a fidelity individual brokerage account for buying and selling cryptocurrencies, you may encounter specific fees and restrictions. Fidelity charges a commission fee for each trade, which can vary depending on the cryptocurrency and the size of your trade. It's important to be aware of these fees as they can impact your overall trading costs. Additionally, fidelity may have restrictions on the types of cryptocurrencies you can trade or the trading hours for cryptocurrencies. It's recommended to review fidelity's terms and conditions or contact their customer support for detailed information on fees and restrictions.
Related Tags
Hot Questions
- 71
Are there any special tax rules for crypto investors?
- 70
What are the best digital currencies to invest in right now?
- 67
What are the tax implications of using cryptocurrency?
- 63
How does cryptocurrency affect my tax return?
- 61
How can I minimize my tax liability when dealing with cryptocurrencies?
- 42
What are the advantages of using cryptocurrency for online transactions?
- 33
How can I buy Bitcoin with a credit card?
- 24
What are the best practices for reporting cryptocurrency on my taxes?