Does TD Ameritrade offer interest on cash held in cryptocurrency accounts?

5 answers

• Dec 26, 2021 · 3 years ago
  Yes, TD Ameritrade does offer interest on cash held in cryptocurrency accounts. They provide an annual percentage yield (APY) on the cash balance in your account, including the funds used for cryptocurrency trading. This means that you can earn interest on the cash you have in your TD Ameritrade account, even if it is being used for cryptocurrency investments.
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• Dec 26, 2021 · 3 years ago
  Absolutely! TD Ameritrade offers interest on the cash held in cryptocurrency accounts. They understand the importance of providing a competitive APY to their customers, regardless of the type of assets they hold. So, you can earn interest on the cash you have in your TD Ameritrade account, whether it's for traditional investments or cryptocurrency trading.
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• Dec 26, 2021 · 3 years ago
  Yes, TD Ameritrade does offer interest on cash held in cryptocurrency accounts. However, it's important to note that the interest rate may vary and is subject to change. It's always a good idea to check with TD Ameritrade directly or refer to their website for the most up-to-date information on the interest rates for cryptocurrency accounts.
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• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that TD Ameritrade does offer interest on cash held in cryptocurrency accounts. They understand the value of providing a competitive APY to their customers, which includes the cash balance used for cryptocurrency trading. This allows you to earn interest on the cash you have in your TD Ameritrade account, providing an additional benefit to your cryptocurrency investments.
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• Dec 26, 2021 · 3 years ago
  Definitely! TD Ameritrade offers interest on cash held in cryptocurrency accounts. They want to ensure that their customers can make the most out of their investments, whether it's in traditional assets or cryptocurrencies. By offering interest on the cash balance in your account, TD Ameritrade provides an opportunity for you to earn passive income on your cryptocurrency holdings.
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