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Can I use M1 Finance as a robo advisor for investing in cryptocurrencies like Bitcoin and Ethereum?

avatarHalberg MonradDec 27, 2021 · 3 years ago3 answers

Is it possible to use M1 Finance as a robo advisor for investing in cryptocurrencies such as Bitcoin and Ethereum? How does M1 Finance handle cryptocurrency investments?

Can I use M1 Finance as a robo advisor for investing in cryptocurrencies like Bitcoin and Ethereum?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    No, M1 Finance does not currently support investing in cryptocurrencies like Bitcoin and Ethereum. M1 Finance primarily focuses on traditional investment assets such as stocks and ETFs. If you are specifically looking to invest in cryptocurrencies, you may need to consider other platforms or exchanges that specialize in cryptocurrency trading.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, M1 Finance does not offer cryptocurrency investment options at this time. They primarily focus on traditional investment assets. If you are interested in investing in cryptocurrencies like Bitcoin and Ethereum, you may want to explore other platforms or exchanges that specifically cater to cryptocurrency trading.
  • avatarDec 27, 2021 · 3 years ago
    While M1 Finance does not directly support investing in cryptocurrencies like Bitcoin and Ethereum, you can still indirectly invest in these digital assets through the use of exchange-traded funds (ETFs) that track the performance of cryptocurrencies. However, it's important to note that the availability of such ETFs may vary depending on your location and the regulations in place. It's always a good idea to do thorough research and consult with a financial advisor before making any investment decisions.