Is it possible to trade Bitcoin on Etrade?
Gavin MisulonasJan 08, 2022 · 3 years ago3 answers
Can I buy and sell Bitcoin on Etrade? I'm interested in trading Bitcoin and I already have an account with Etrade. Is it possible to trade Bitcoin directly on the Etrade platform?
3 answers
- Jan 08, 2022 · 3 years agoUnfortunately, Etrade does not currently offer the ability to trade Bitcoin directly on their platform. Etrade primarily focuses on traditional investment options such as stocks, bonds, and mutual funds. If you're specifically looking to trade Bitcoin, you may want to consider using a dedicated cryptocurrency exchange.
- Jan 08, 2022 · 3 years agoNo, Etrade does not support Bitcoin trading. Etrade is a traditional brokerage firm that primarily deals with stocks, options, and other traditional investment vehicles. If you're interested in trading Bitcoin, you'll need to use a cryptocurrency exchange like Coinbase or Binance.
- Jan 08, 2022 · 3 years agoWhile Etrade doesn't directly support Bitcoin trading, you can still gain exposure to Bitcoin through other means. One option is to invest in Grayscale Bitcoin Trust (GBTC), which is a publicly traded security that holds Bitcoin. GBTC can be bought and sold on the Etrade platform, allowing you to indirectly trade Bitcoin. However, it's important to note that GBTC may not perfectly track the price of Bitcoin due to factors such as premiums and discounts.
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