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Which cryptocurrencies are supported by Vanguard investment accounts?

avatarTimo Vojnic ZelicDec 27, 2021 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are supported by Vanguard investment accounts? I'm interested in knowing which digital currencies I can invest in through Vanguard.

Which cryptocurrencies are supported by Vanguard investment accounts?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Vanguard investment accounts currently do not support direct investment in cryptocurrencies. As of now, Vanguard primarily focuses on traditional investment options such as stocks, bonds, and mutual funds. However, it's worth noting that Vanguard has shown interest in blockchain technology and has invested in companies involved in the cryptocurrency space indirectly. So while you cannot invest directly in cryptocurrencies through Vanguard, they are keeping an eye on the industry.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Vanguard investment accounts do not offer support for cryptocurrencies. Vanguard is known for its conservative approach to investing and has not yet embraced the cryptocurrency market. However, it's important to remember that the cryptocurrency market is highly volatile and carries significant risks. Before considering any investments, it's advisable to conduct thorough research and consult with a financial advisor.
  • avatarDec 27, 2021 · 3 years ago
    While Vanguard investment accounts do not directly support cryptocurrencies, there are alternative ways to invest in digital currencies. One option is to open an account with a cryptocurrency exchange like BYDFi, where you can buy, sell, and hold various cryptocurrencies. BYDFi offers a user-friendly platform and a wide range of supported cryptocurrencies. Just make sure to do your own research and understand the risks associated with investing in cryptocurrencies.