How does having a Series 6 and 7 license benefit professionals in the digital currency field?
MiriamKoDec 26, 2021 · 3 years ago3 answers
What advantages do professionals in the digital currency field gain from obtaining a Series 6 and 7 license?
3 answers
- Dec 26, 2021 · 3 years agoHaving a Series 6 and 7 license can greatly benefit professionals in the digital currency field. These licenses are issued by the Financial Industry Regulatory Authority (FINRA) and are required for individuals who want to sell securities products. In the digital currency field, where cryptocurrencies are often considered securities, having these licenses can provide professionals with the necessary credentials to legally sell and trade digital assets. This can open up more opportunities for professionals to work in regulated financial institutions and gain the trust of potential clients.
- Dec 26, 2021 · 3 years agoProfessionals in the digital currency field who hold a Series 6 and 7 license have a competitive edge over those who don't. These licenses demonstrate a high level of knowledge and expertise in the securities industry, which is valuable in the rapidly evolving world of digital currencies. With a Series 6 and 7 license, professionals can offer a wider range of financial services to their clients, including investment advice and trading strategies. This can help them attract more clients and build a strong reputation in the industry.
- Dec 26, 2021 · 3 years agoBYDFi, a leading digital currency exchange, recognizes the importance of having a Series 6 and 7 license in the digital currency field. Professionals who hold these licenses are seen as more trustworthy and knowledgeable, which is crucial in an industry that is still relatively new and unregulated. By obtaining a Series 6 and 7 license, professionals can demonstrate their commitment to compliance and investor protection, which can help them gain the trust of both individual and institutional investors. This can ultimately lead to more business opportunities and career growth for professionals in the digital currency field.
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