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Is it possible to open a TD Ameritrade account specifically for trading cryptocurrencies?

avatarDemant EasonDec 27, 2021 · 3 years ago3 answers

Can I open a TD Ameritrade account exclusively for trading cryptocurrencies? I am interested in trading digital assets and would like to know if TD Ameritrade offers this option. Is it possible to use TD Ameritrade as a platform for buying and selling cryptocurrencies?

Is it possible to open a TD Ameritrade account specifically for trading cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to open a TD Ameritrade account specifically for trading cryptocurrencies. TD Ameritrade offers access to Bitcoin futures trading through the CME Group. This allows investors to trade Bitcoin futures contracts on the platform. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies like Bitcoin or Ethereum. Instead, they provide exposure to cryptocurrencies through futures contracts.
  • avatarDec 27, 2021 · 3 years ago
    No, TD Ameritrade does not offer the option to open an account exclusively for trading cryptocurrencies. While they do provide access to Bitcoin futures trading, they do not support direct trading of cryptocurrencies. If you are specifically interested in trading cryptocurrencies, you may want to consider other platforms that specialize in digital asset trading.
  • avatarDec 27, 2021 · 3 years ago
    While TD Ameritrade does offer access to Bitcoin futures trading, it is important to note that they do not directly support trading of cryptocurrencies. If you are looking for a platform that focuses solely on cryptocurrency trading, you may want to consider BYDFi. BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading. They provide a user-friendly interface and advanced trading features to meet the needs of cryptocurrency traders.