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Are there any restrictions on buying cryptocurrencies through Fidelity?

avatarSchou HutchisonDec 30, 2021 · 3 years ago3 answers

What are the restrictions on purchasing cryptocurrencies through Fidelity? Are there any limitations or requirements that I need to be aware of?

Are there any restrictions on buying cryptocurrencies through Fidelity?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When it comes to buying cryptocurrencies through Fidelity, there are a few restrictions and requirements that you should know about. First, you need to have a Fidelity brokerage account in order to access their cryptocurrency trading platform. Additionally, there may be certain eligibility criteria that you need to meet, such as being a U.S. resident or having a certain minimum account balance. It's important to check with Fidelity directly for the most up-to-date information on their specific requirements and restrictions.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are some restrictions on buying cryptocurrencies through Fidelity. For example, Fidelity currently only offers cryptocurrency trading to their brokerage account holders. This means that you need to have an existing Fidelity brokerage account in order to buy cryptocurrencies through their platform. Additionally, there may be certain limitations on the types of cryptocurrencies available for trading. It's always a good idea to check with Fidelity for the latest information on any restrictions or limitations.
  • avatarDec 30, 2021 · 3 years ago
    As of my knowledge, BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for trading. However, it's important to note that BYDFi is a separate entity from Fidelity. Therefore, any restrictions or limitations that may apply to buying cryptocurrencies through Fidelity may not necessarily apply to BYDFi. If you're interested in trading cryptocurrencies through BYDFi, it's best to visit their website or contact their customer support for more information on any restrictions or requirements.