What are the options for buying crypto with TD Ameritrade?
chirag niyogiDec 30, 2021 · 3 years ago1 answers
I'm interested in buying cryptocurrency through TD Ameritrade. Can you provide me with information about the different options available for buying crypto on TD Ameritrade?
1 answers
- Dec 30, 2021 · 3 years agoCertainly! When it comes to buying crypto with TD Ameritrade, you have a few options. First, you can trade Bitcoin futures contracts on their platform. This allows you to speculate on the price of Bitcoin without actually owning the cryptocurrency. Second, you can invest in the Grayscale Bitcoin Trust (GBTC), which is a publicly traded security that holds Bitcoin. Lastly, TD Ameritrade provides access to the Coinbase exchange, where you can buy and sell a variety of cryptocurrencies. It's important to note that while TD Ameritrade offers these options, they are not a dedicated cryptocurrency exchange, so the selection may be more limited compared to other platforms. Make sure to do your own research and consider your investment goals before diving into the world of cryptocurrency trading.
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