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Can I use TD Ameritrade to invest in Bitcoin and other cryptocurrencies through fractional shares?

avatarpraneet rajDec 28, 2021 · 3 years ago5 answers

Is it possible to invest in Bitcoin and other cryptocurrencies through fractional shares using TD Ameritrade?

Can I use TD Ameritrade to invest in Bitcoin and other cryptocurrencies through fractional shares?

5 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, TD Ameritrade allows investors to trade Bitcoin futures through the CME (Chicago Mercantile Exchange). However, it does not currently offer the option to invest in Bitcoin or other cryptocurrencies through fractional shares. To invest in Bitcoin, you can consider using a cryptocurrency exchange that supports fractional trading.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, TD Ameritrade does not offer the ability to invest in Bitcoin or other cryptocurrencies through fractional shares. If you're interested in investing in cryptocurrencies, you may want to explore other platforms that specialize in cryptocurrency trading.
  • avatarDec 28, 2021 · 3 years ago
    While TD Ameritrade does not directly support investing in Bitcoin or other cryptocurrencies through fractional shares, there are other platforms like BYDFi that offer this feature. BYDFi allows users to invest in Bitcoin and other cryptocurrencies through fractional shares, providing more flexibility for investors.
  • avatarDec 28, 2021 · 3 years ago
    No, TD Ameritrade does not currently support investing in Bitcoin or other cryptocurrencies through fractional shares. However, there are other cryptocurrency exchanges that offer this option, such as Binance and Coinbase. It's important to research and choose a platform that best suits your investment needs.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, TD Ameritrade does not offer the option to invest in Bitcoin or other cryptocurrencies through fractional shares. However, there are several other platforms that specialize in cryptocurrency trading and offer fractional share investing, such as Binance and Coinbase. It's always a good idea to compare different platforms and choose the one that aligns with your investment goals.