common-close-0
BYDFi
Trade wherever you are!

How does td ameritrade cash work with digital currencies?

avatarStern HarboDec 28, 2021 · 3 years ago1 answers

Can you explain how td ameritrade cash works with digital currencies? I'm interested in understanding the process and any limitations or requirements that may be involved.

How does td ameritrade cash work with digital currencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    As a representative of BYDFi, I can provide some insights into how td ameritrade cash works with digital currencies. While td ameritrade doesn't directly support the trading of digital currencies, they do offer access to digital currency futures contracts. These contracts allow traders to speculate on the future price movements of digital currencies without actually owning them. It's important to note that trading futures contracts involves a different set of risks compared to trading the actual digital currencies. Traders should be aware of the potential risks and carefully consider their investment goals and risk tolerance before trading digital currency futures contracts on td ameritrade.