How does FDIC insurance apply to digital assets in Fidelity investments?

3 answers

• Mar 22, 2022 · 3 years ago
  FDIC insurance specifically covers deposits in traditional banks, such as savings accounts and certificates of deposit. It does not cover digital assets like cryptocurrencies or other investments. Therefore, FDIC insurance does not apply to digital assets in Fidelity investments.
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• Mar 22, 2022 · 3 years ago
  Unfortunately, FDIC insurance does not extend to digital assets held in Fidelity investments. FDIC insurance only applies to traditional banking products and does not cover investments in cryptocurrencies or other digital assets.
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• Mar 22, 2022 · 3 years ago
  While FDIC insurance is a great safety net for traditional banking products, it does not apply to digital assets in Fidelity investments. However, Fidelity has its own security measures in place to protect your digital assets, such as cold storage and multi-factor authentication.
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