How can I invest in cryptocurrencies through Fidelity?
Hello monkeyDec 27, 2021 · 3 years ago3 answers
I'm interested in investing in cryptocurrencies and I heard that Fidelity offers this service. Can you provide me with more information on how I can invest in cryptocurrencies through Fidelity? What are the steps involved and what are the requirements?
3 answers
- Dec 27, 2021 · 3 years agoSure, investing in cryptocurrencies through Fidelity is possible. Fidelity offers a platform called Fidelity Digital Assets, which allows institutional investors to trade and store cryptocurrencies. To invest in cryptocurrencies through Fidelity, you would need to be an institutional investor, such as a hedge fund, family office, or registered investment advisor. You would also need to meet certain eligibility requirements set by Fidelity. Once you meet the requirements, you can open an account with Fidelity Digital Assets and start investing in cryptocurrencies.
- Dec 27, 2021 · 3 years agoInvesting in cryptocurrencies through Fidelity is a great option for institutional investors. Fidelity Digital Assets provides a secure and regulated platform for trading and storing cryptocurrencies. To get started, you would need to contact Fidelity and go through their onboarding process. This process involves verifying your eligibility as an institutional investor and providing the necessary documentation. Once approved, you can access Fidelity's platform and start investing in cryptocurrencies.
- Dec 27, 2021 · 3 years agoInvesting in cryptocurrencies through Fidelity is not limited to institutional investors. Fidelity also offers a platform called Fidelity Investments, which allows individual investors to invest in cryptocurrencies indirectly. Through Fidelity Investments, you can invest in funds that have exposure to cryptocurrencies, such as Grayscale Bitcoin Trust. This provides a more accessible way for individual investors to gain exposure to cryptocurrencies through Fidelity.
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