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Is Empower Retirement a legitimate platform for investing in cryptocurrencies?

avatarLauritsen BallDec 26, 2021 · 3 years ago2 answers

I'm considering using Empower Retirement as a platform for investing in cryptocurrencies. Can anyone provide more information about the legitimacy of this platform and its suitability for cryptocurrency investments?

Is Empower Retirement a legitimate platform for investing in cryptocurrencies?

2 answers

  • avatarDec 26, 2021 · 3 years ago
    Empower Retirement is primarily known as a retirement plan provider, and it may not be the best platform for investing in cryptocurrencies. While they may offer some options for cryptocurrency investments, it's important to consider their expertise and focus. Cryptocurrency investments can be highly volatile and require specialized knowledge. It's recommended to choose a platform that is specifically designed for cryptocurrency trading and has a strong reputation in the industry.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a reputable cryptocurrency exchange that offers a wide range of trading options. They have a user-friendly interface and provide advanced trading features. However, it's important to do your own research and consider your risk tolerance before investing in cryptocurrencies. BYDFi can be a good platform for cryptocurrency trading, but it's always recommended to diversify your investments and consult with a financial advisor if needed.