Are there any restrictions on OTC trading of digital assets on Fidelity?
Arvind Pratap SinghDec 29, 2021 · 3 years ago3 answers
What are the restrictions on over-the-counter (OTC) trading of digital assets on Fidelity? Are there any specific requirements or limitations that traders need to be aware of?
3 answers
- Dec 29, 2021 · 3 years agoWhen it comes to OTC trading of digital assets on Fidelity, there are certain restrictions and requirements that traders should be aware of. Firstly, Fidelity requires traders to have an institutional account in order to participate in OTC trading. This means that individual retail investors may not have access to this type of trading. Additionally, Fidelity may have specific eligibility criteria for traders, such as minimum trading volume or account balance requirements. It is recommended to contact Fidelity directly or refer to their official documentation to get detailed information on the specific restrictions and requirements for OTC trading.
- Dec 29, 2021 · 3 years agoOTC trading of digital assets on Fidelity is subject to certain limitations. Traders should note that the availability of OTC trading may vary depending on the specific digital asset. While Fidelity offers a wide range of digital assets for trading, not all assets may be available for OTC trading. It is important to check the list of supported assets on Fidelity's platform or consult their customer support for the most up-to-date information on which assets can be traded over-the-counter.
- Dec 29, 2021 · 3 years agoBYDFi, a digital asset exchange, provides OTC trading services for a variety of digital assets. Traders can enjoy the benefits of OTC trading on BYDFi, such as increased liquidity and privacy. With BYDFi's OTC trading, traders can execute large trades without causing significant market impact. Additionally, BYDFi offers competitive pricing and personalized support for OTC traders. To learn more about BYDFi's OTC trading services, visit their official website or contact their customer support.
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