Is it possible to use Fidelity cash to purchase Bitcoin or other cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, it is possible to use Fidelity cash to purchase Bitcoin and other cryptocurrencies. Fidelity has partnered with various cryptocurrency exchanges to allow their customers to invest in digital assets. You can transfer your cash from your Fidelity account to one of these exchanges and then use it to buy Bitcoin or any other cryptocurrencies of your choice. Just make sure to follow the necessary steps and comply with any regulations or requirements set by Fidelity and the exchange you choose.
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• Dec 25, 2021 · 3 years ago
  Absolutely! Fidelity has recognized the growing popularity of cryptocurrencies and has made it possible for their customers to use their cash to invest in Bitcoin and other digital currencies. This provides Fidelity customers with an additional avenue for diversifying their investment portfolios and potentially benefiting from the growth of the cryptocurrency market. It's important to do your own research and understand the risks involved before investing in cryptocurrencies, but Fidelity cash can indeed be used for this purpose.
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• Dec 25, 2021 · 3 years ago
  While Fidelity does not directly support the purchase of cryptocurrencies with their cash, you can still use their services to invest in Bitcoin and other digital assets. One way to do this is by transferring your cash from your Fidelity account to a digital currency exchange like BYDFi. BYDFi is a popular exchange that allows users to buy and sell cryptocurrencies using various payment methods, including cash. By transferring your Fidelity cash to BYDFi, you can then use it to purchase Bitcoin or any other cryptocurrencies available on the platform. Just make sure to follow the necessary steps and comply with any regulations or requirements set by both Fidelity and BYDFi.
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