How does fidelity handle recurring investments in cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  Fidelity offers a convenient and hassle-free way to invest in cryptocurrencies on a recurring basis. Through their platform, you can set up automatic purchases of cryptocurrencies at regular intervals, such as weekly or monthly. This allows you to gradually build your cryptocurrency portfolio over time without the need for constant monitoring or manual transactions. Fidelity charges a small fee for each recurring investment, which is typically a percentage of the transaction amount. However, the exact fee structure may vary depending on the specific cryptocurrency and the amount invested. It's important to review the fee schedule provided by Fidelity to understand the costs involved. Additionally, Fidelity may have certain limitations on the cryptocurrencies available for recurring investments. They typically support popular cryptocurrencies like Bitcoin and Ethereum, but the availability of other cryptocurrencies may vary. It's recommended to check with Fidelity for the most up-to-date information on supported cryptocurrencies and any restrictions that may apply.
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• Dec 26, 2021 · 3 years ago
  When it comes to recurring investments in cryptocurrencies, Fidelity has you covered. Their platform allows you to easily set up automated purchases of your favorite cryptocurrencies at regular intervals. Whether you want to invest in Bitcoin, Ethereum, or other popular cryptocurrencies, Fidelity provides a seamless experience. The fees associated with recurring investments are reasonable and transparent. You can find detailed information about the fees on Fidelity's website or by contacting their customer support. It's worth noting that Fidelity's recurring investment feature is designed to help you build your cryptocurrency portfolio over time, so it's not suitable for short-term trading strategies. If you're looking for a long-term investment approach, Fidelity's recurring investment option is definitely worth considering.
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• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that Fidelity handles recurring investments in cryptocurrencies with utmost professionalism. Their platform allows users to set up automated purchases of cryptocurrencies on a recurring basis, making it easy for investors to build their crypto portfolios over time. Fidelity charges a reasonable fee for each recurring investment, which is clearly outlined in their fee schedule. It's important to note that Fidelity offers a wide range of cryptocurrencies for recurring investments, including popular options like Bitcoin, Ethereum, and more. However, the availability of specific cryptocurrencies may vary, so it's always a good idea to check with Fidelity for the most up-to-date information. Overall, Fidelity's approach to recurring investments in cryptocurrencies is user-friendly and reliable, making it a great choice for both beginners and experienced investors alike.
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