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Can you buy Bitcoin on Scottrade?

avatarju4nJan 14, 2022 · 3 years ago3 answers

Is it possible to purchase Bitcoin on Scottrade? I'm interested in investing in Bitcoin and I'm wondering if Scottrade offers this option. Can I buy Bitcoin directly from Scottrade or do I need to use a different platform?

Can you buy Bitcoin on Scottrade?
Bitcoin
Scottrade
Cryptocurrency

3 answers

  • avatarJan 14, 2022 · 3 years ago
    Unfortunately, Scottrade does not currently offer the option to buy Bitcoin. Scottrade primarily focuses on traditional investment options such as stocks, bonds, and mutual funds. If you're looking to invest in Bitcoin, you may need to consider using a different platform that specializes in cryptocurrency trading.
  • avatarJan 14, 2022 · 3 years ago
    No, Scottrade does not support Bitcoin trading. Scottrade is a traditional brokerage firm that primarily deals with stocks, options, and mutual funds. If you're interested in buying Bitcoin, you'll need to use a cryptocurrency exchange or trading platform that supports Bitcoin transactions.
  • avatarJan 14, 2022 · 3 years ago
    While Scottrade doesn't directly offer Bitcoin trading, there are other platforms available that allow you to buy and sell Bitcoin. One such platform is BYDFi, a digital currency exchange that supports Bitcoin and other cryptocurrencies. You can sign up for an account on BYDFi and start trading Bitcoin within minutes. Just make sure to do your research and understand the risks associated with cryptocurrency investments.

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