How can I buy and sell cryptocurrencies with fidelity stocks by the slice?
Abolfazl SheikhhaDec 27, 2021 · 3 years ago1 answers
I'm interested in buying and selling cryptocurrencies, but I also have fidelity stocks. Is it possible to trade cryptocurrencies using fidelity stocks by the slice? How does it work?
1 answers
- Dec 27, 2021 · 3 years agoYes, you can buy and sell cryptocurrencies with fidelity stocks by the slice. Fidelity offers a feature called fractional shares, which allows you to invest in a fraction of a stock. This means that you can allocate a portion of your fidelity stocks towards purchasing cryptocurrencies. To get started, you'll need to open an account with a cryptocurrency exchange that supports fidelity stocks by the slice. Once your account is set up, you can link it to your fidelity brokerage account and use your fidelity stocks to buy cryptocurrencies in fractional amounts. When you sell your cryptocurrencies, the funds will be returned to your fidelity brokerage account. It's important to note that trading cryptocurrencies involves risks, and it's essential to do your own research and make informed decisions. Additionally, make sure to review the terms and conditions of the cryptocurrency exchange and fidelity's fractional shares feature before proceeding.
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