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Can I transfer my cryptocurrency holdings from eTrade to Zelle?

avatarNewton PierceDec 25, 2021 · 3 years ago3 answers

Is it possible to transfer my cryptocurrency holdings from eTrade to Zelle? I have some Bitcoin and Ethereum in my eTrade account and I'm wondering if I can move them to my Zelle account. Can anyone provide some guidance on this?

Can I transfer my cryptocurrency holdings from eTrade to Zelle?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, you cannot transfer your cryptocurrency holdings directly from eTrade to Zelle. Zelle is a peer-to-peer payment service that allows you to send and receive money from your bank account. It does not support cryptocurrency transactions. If you want to transfer your Bitcoin and Ethereum, you will need to use a cryptocurrency exchange or wallet that supports transfers to external wallets.
  • avatarDec 25, 2021 · 3 years ago
    No, you cannot transfer your cryptocurrency holdings from eTrade to Zelle. Zelle is not designed to handle cryptocurrency transactions. It is primarily used for transferring money between bank accounts. If you want to move your Bitcoin and Ethereum, you should consider using a cryptocurrency exchange or wallet that supports transfers to other wallets or exchanges.
  • avatarDec 25, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that you cannot directly transfer your cryptocurrency holdings from eTrade to Zelle. Zelle is not compatible with cryptocurrencies and is only meant for fiat currency transactions. To transfer your Bitcoin and Ethereum, you will need to withdraw them from eTrade and send them to a cryptocurrency exchange or wallet that supports external transfers.