What are the limitations for depositing cryptocurrencies through TD Ameritrade's mobile app?

Baun DreyerMar 31, 2022 · 3 years ago3 answers

I would like to know what are the limitations for depositing cryptocurrencies through TD Ameritrade's mobile app. Can I deposit any type of cryptocurrency? Are there any minimum or maximum deposit amounts? Are there any fees associated with cryptocurrency deposits? How long does it take for the deposit to be credited to my account? Are there any restrictions on the frequency of deposits? I want to make sure I understand all the limitations before I start depositing cryptocurrencies through TD Ameritrade's mobile app.

Cryptocurrency

TD Ameritrade

Mobile App

3 answers

Mar 31, 2022 · 3 years ago
When depositing cryptocurrencies through TD Ameritrade's mobile app, there are certain limitations to keep in mind. Firstly, TD Ameritrade currently only supports Bitcoin (BTC) and Ethereum (ETH) deposits. Other cryptocurrencies are not accepted at the moment. Secondly, there is a minimum deposit amount of $10,000 for Bitcoin and $2,000 for Ethereum. There is no maximum deposit limit. Additionally, TD Ameritrade does not charge any fees for cryptocurrency deposits. However, it's important to note that the blockchain network may charge transaction fees, which are not controlled by TD Ameritrade. The time it takes for the deposit to be credited to your account may vary depending on network congestion, but it typically takes around 30 minutes to 1 hour. Lastly, there are no restrictions on the frequency of deposits, so you can deposit cryptocurrencies as often as you like.
Mar 31, 2022 · 3 years ago
Hey there! So, if you're planning to deposit cryptocurrencies through TD Ameritrade's mobile app, here are a few things you should know. Firstly, TD Ameritrade currently only supports Bitcoin and Ethereum deposits. So, if you have any other cryptocurrencies, you won't be able to deposit them through the app. Secondly, there are minimum deposit amounts for Bitcoin and Ethereum. For Bitcoin, the minimum deposit is $10,000, and for Ethereum, it's $2,000. But hey, there's no maximum deposit limit, so you can deposit as much as you want! Now, when it comes to fees, TD Ameritrade doesn't charge any fees for cryptocurrency deposits. However, keep in mind that the blockchain network may charge transaction fees, which are not controlled by TD Ameritrade. As for the time it takes for the deposit to be credited to your account, it usually takes around 30 minutes to 1 hour. And guess what? You can deposit cryptocurrencies as frequently as you like! So, go ahead and start depositing with confidence!
Mar 31, 2022 · 3 years ago
When it comes to depositing cryptocurrencies through TD Ameritrade's mobile app, there are a few limitations you should be aware of. TD Ameritrade currently only supports Bitcoin (BTC) and Ethereum (ETH) deposits. So, if you have any other cryptocurrencies, you won't be able to deposit them through the app. Additionally, there are minimum deposit amounts for Bitcoin and Ethereum. The minimum deposit for Bitcoin is $10,000, while for Ethereum, it's $2,000. However, there is no maximum deposit limit, so you can deposit as much as you want. TD Ameritrade does not charge any fees for cryptocurrency deposits, but keep in mind that there may be transaction fees imposed by the blockchain network. The time it takes for the deposit to be credited to your account can vary depending on network congestion, but it usually takes around 30 minutes to 1 hour. Lastly, there are no restrictions on the frequency of deposits, so you can deposit cryptocurrencies as often as you like. I hope this helps clarify the limitations for depositing cryptocurrencies through TD Ameritrade's mobile app!