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How can I buy cryptocurrencies with TD Ameritrade?

avatarMcKinley PowellDec 28, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrencies and I already have an account with TD Ameritrade. How can I go about buying cryptocurrencies through TD Ameritrade?

How can I buy cryptocurrencies with TD Ameritrade?
Cryptocurrencies
TD Ameritrade
Buying Cryptocurrencies

3 answers

  • avatarDec 28, 2021 · 3 years ago
    To buy cryptocurrencies with TD Ameritrade, you can use their brokerage platform called thinkorswim. Thinkorswim offers access to trading Bitcoin futures contracts. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies like Bitcoin or Ethereum. So, if you're looking to buy actual cryptocurrencies, you'll need to use a different platform or exchange.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, TD Ameritrade does not currently support direct trading of cryptocurrencies. However, they do offer access to Bitcoin futures contracts through their brokerage platform thinkorswim. If you're interested in trading Bitcoin futures, you can open a TD Ameritrade account and start trading through thinkorswim.
  • avatarDec 28, 2021 · 3 years ago
    While TD Ameritrade does not directly support buying cryptocurrencies, you can use BYDFi, a popular cryptocurrency exchange, to buy cryptocurrencies and then transfer them to your TD Ameritrade account. BYDFi offers a wide range of cryptocurrencies for trading and has a user-friendly interface. Simply create an account on BYDFi, deposit funds, and start buying cryptocurrencies. Once you have purchased the cryptocurrencies, you can transfer them to your TD Ameritrade account for safekeeping.

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