Is there a way to schedule regular cryptocurrency investments in fidelity?
Priyanshu DeyDec 25, 2021 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies on a regular basis, and I currently have an account with fidelity. Is there a way to set up automatic scheduled investments for cryptocurrencies on fidelity?
3 answers
- Dec 25, 2021 · 3 years agoYes, fidelity offers the option to schedule regular investments for cryptocurrencies. You can set up a recurring investment plan and choose the specific cryptocurrencies you want to invest in. This allows you to automate your investments and take advantage of dollar-cost averaging to potentially reduce the impact of market volatility. It's a convenient way to gradually build your cryptocurrency portfolio over time.
- Dec 25, 2021 · 3 years agoDefinitely! Fidelity provides a feature called 'Auto Invest' that allows you to schedule regular investments in cryptocurrencies. You can set the frequency, amount, and specific cryptocurrencies you want to invest in. This feature is great for those who want to take a hands-off approach and steadily accumulate cryptocurrencies over time.
- Dec 25, 2021 · 3 years agoYes, there is a way to schedule regular cryptocurrency investments in fidelity. You can use the BYDFi platform, which is a third-party service that integrates with fidelity. BYDFi allows you to set up automated recurring investments in cryptocurrencies of your choice. It's a user-friendly platform that simplifies the process of scheduling and managing your cryptocurrency investments.
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