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How can I transfer my IRA from one cryptocurrency institution to another on Fidelity?

avatarJoel ÉzDec 26, 2021 · 3 years ago1 answers

I have an IRA account with one cryptocurrency institution and I want to transfer it to another institution on Fidelity. How can I do that?

How can I transfer my IRA from one cryptocurrency institution to another on Fidelity?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    If you're looking to transfer your IRA from one cryptocurrency institution to another on Fidelity, here's what you need to do: 1. Contact your current cryptocurrency institution and inform them that you want to transfer your IRA to another institution on Fidelity. They will guide you through the necessary paperwork and provide you with the required forms. 2. Open an account with the new institution on Fidelity where you want to transfer your IRA. Make sure they support IRA accounts and offer the cryptocurrency options you're interested in. 3. Fill out the transfer forms provided by your current institution. You'll need to provide the details of the new institution on Fidelity, including their name, address, and account number. 4. Submit the completed transfer forms to your current institution. They will initiate the transfer process and send the funds to the new institution on Fidelity. 5. Keep track of the transfer progress. It may take some time for the funds to be transferred, so be patient. Once the transfer is finalized, you will receive confirmation from both institutions. Please note that there may be fees associated with the transfer, so it's important to inquire about any potential charges from both institutions.