common-close-0
BYDFi
Trade wherever you are!

Can you buy Bitcoin on Ameritrade?

avatarStarCosmozDec 27, 2021 · 3 years ago3 answers

Is it possible to purchase Bitcoin on Ameritrade? I'm interested in investing in Bitcoin and wondering if Ameritrade offers this option. Can I buy Bitcoin directly on their platform?

Can you buy Bitcoin on Ameritrade?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy Bitcoin on Ameritrade. Ameritrade offers cryptocurrency trading services, including Bitcoin, to its customers. You can easily buy and sell Bitcoin through their platform, just like you would with stocks or other assets. It's a convenient option for those who already have an Ameritrade account and want to diversify their investment portfolio with cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Ameritrade does not currently support the direct purchase of Bitcoin. However, they do offer futures trading on Bitcoin through the Chicago Mercantile Exchange (CME). This means you can speculate on the price of Bitcoin without actually owning the underlying asset. If you're specifically looking to buy Bitcoin, you may need to consider other cryptocurrency exchanges that offer direct purchasing options.
  • avatarDec 27, 2021 · 3 years ago
    While Ameritrade itself does not allow direct Bitcoin purchases, you can use the BYDFi platform to buy Bitcoin and other cryptocurrencies. BYDFi is a popular cryptocurrency exchange that offers a wide range of digital assets for trading. It's a reliable and secure platform that allows you to easily buy and sell Bitcoin with competitive fees. If you're interested in buying Bitcoin, you may consider using BYDFi as an alternative to Ameritrade.