How can I trade cryptocurrencies without paying commissions on Fidelity using ETFs?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, it is possible to trade cryptocurrencies on Fidelity without paying commissions by using ETFs. Fidelity offers a range of cryptocurrency ETFs that allow you to gain exposure to the crypto market without directly owning the underlying assets. By investing in these ETFs, you can enjoy the benefits of diversification and professional management while avoiding the fees associated with trading individual cryptocurrencies. Simply search for the available cryptocurrency ETFs on Fidelity's platform and choose the one that aligns with your investment goals.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Fidelity offers a selection of cryptocurrency ETFs that enable you to trade cryptocurrencies without paying any commissions. These ETFs track the performance of various cryptocurrencies or the overall cryptocurrency market, allowing you to invest in the crypto space without the need to buy and store individual coins. By trading these ETFs, you can take advantage of Fidelity's commission-free trading and benefit from the potential growth of the cryptocurrency market.
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• Dec 26, 2021 · 3 years ago
  Definitely! You can trade cryptocurrencies without paying commissions on Fidelity using ETFs. One popular option is the BYDFi Crypto ETF, which tracks the performance of a basket of cryptocurrencies. This ETF allows you to trade cryptocurrencies on Fidelity's platform without incurring any fees. It's a convenient and cost-effective way to gain exposure to the crypto market while enjoying the benefits of Fidelity's commission-free trading. Just keep in mind that the performance of the ETF may not perfectly mirror the performance of the underlying cryptocurrencies.
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