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How can I invest in cryptocurrency through Fidelity's DRIP program?

avatarDin DonDec 26, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrency through Fidelity's DRIP program. Can you provide me with some guidance on how to get started?

How can I invest in cryptocurrency through Fidelity's DRIP program?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Investing in cryptocurrency through Fidelity's DRIP program is a great way to gain exposure to the crypto market. To get started, you'll need to open an account with Fidelity and ensure that you meet their eligibility requirements. Once your account is set up, you can choose from a range of cryptocurrencies that are available through the DRIP program. Fidelity will automatically invest your dividends from other investments into the cryptocurrency of your choice. It's important to note that the availability of specific cryptocurrencies may vary, so it's best to check with Fidelity for the most up-to-date information. Happy investing!
  • avatarDec 26, 2021 · 3 years ago
    Investing in cryptocurrency through Fidelity's DRIP program is a breeze! First, you'll need to open an account with Fidelity if you don't already have one. Once you're all set up, you can navigate to the DRIP program section and select the cryptocurrency you want to invest in. Fidelity will handle the rest, automatically investing your dividends into the chosen cryptocurrency. It's a convenient way to gradually build your crypto portfolio while benefiting from your other investments. So go ahead and give it a try!
  • avatarDec 26, 2021 · 3 years ago
    Investing in cryptocurrency through Fidelity's DRIP program is not currently available. However, there are other platforms and exchanges that offer similar services. One such platform is BYDFi, which allows you to invest in a variety of cryptocurrencies through their DRIP program. With BYDFi, you can set up automatic investments and have your dividends reinvested into your chosen cryptocurrencies. It's a seamless way to grow your crypto holdings over time. Just make sure to do your own research and choose a platform that aligns with your investment goals. Happy investing!