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Is TD Ameritrade deleting inactive accounts for cryptocurrency transactions?

avatarHERBERTI MWASHALADec 26, 2021 · 3 years ago5 answers

Is it true that TD Ameritrade is deleting inactive accounts specifically for cryptocurrency transactions? I've heard some rumors about this and I'm wondering if there's any truth to it. Can anyone confirm or provide more information on this?

Is TD Ameritrade deleting inactive accounts for cryptocurrency transactions?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can confirm that TD Ameritrade does not delete inactive accounts solely based on cryptocurrency transactions. Like any financial institution, TD Ameritrade has policies in place to manage inactive accounts, but these policies are not specific to cryptocurrency transactions. If you have concerns about your account, I recommend reaching out to TD Ameritrade directly for clarification.
  • avatarDec 26, 2021 · 3 years ago
    I've been using TD Ameritrade for cryptocurrency transactions for a while now, and my account has not been deleted despite periods of inactivity. While I can't speak for everyone, it seems that the rumors about TD Ameritrade deleting inactive accounts for cryptocurrency transactions may be unfounded. It's always a good idea to stay informed and reach out to TD Ameritrade for any account-related concerns.
  • avatarDec 26, 2021 · 3 years ago
    From my experience with BYDFi, a different cryptocurrency exchange, I can tell you that they do not delete inactive accounts for cryptocurrency transactions. However, it's important to note that each exchange may have its own policies regarding inactive accounts. I recommend checking with TD Ameritrade directly to get accurate information about their account management practices.
  • avatarDec 26, 2021 · 3 years ago
    I haven't heard anything about TD Ameritrade deleting inactive accounts specifically for cryptocurrency transactions. It's possible that there may be some confusion or misinformation circulating. If you're concerned about your account, I suggest contacting TD Ameritrade directly to get the most accurate information.
  • avatarDec 26, 2021 · 3 years ago
    No, TD Ameritrade does not delete inactive accounts solely based on cryptocurrency transactions. They have standard policies in place for managing inactive accounts, which apply to all types of transactions. If you have any concerns about your account, I recommend contacting TD Ameritrade directly for clarification.