What are the steps to transfer funds from PayPal to Fidelity for investing in cryptocurrencies?
gddmrubel miaJan 16, 2022 · 3 years ago1 answers
I want to invest in cryptocurrencies using funds from my PayPal account, and I have a Fidelity account. Can you guide me through the steps to transfer funds from PayPal to Fidelity for investing in cryptocurrencies?
1 answers
- Jan 16, 2022 · 3 years agoNo worries, I've got you covered! Here's a step-by-step guide to transfer funds from PayPal to Fidelity for investing in cryptocurrencies: 1. Log in to your PayPal account and navigate to the 'Wallet' section. 2. Click on 'Link a bank account' and follow the instructions to link your Fidelity account. 3. Once your Fidelity account is linked, go back to the 'Wallet' section and click on 'Withdraw funds'. 4. Select your Fidelity account as the withdrawal method and enter the amount you want to transfer. 5. Confirm the transaction and wait for the funds to be transferred to your Fidelity account. 6. Once the funds are in your Fidelity account, you can start investing in cryptocurrencies through Fidelity's platform. Keep in mind that the availability of cryptocurrency trading may vary depending on your location and Fidelity's policies. It's always a good idea to check with Fidelity for any specific requirements or restrictions before proceeding with the transfer.
Related Tags
Hot Questions
- 90
What are the best practices for reporting cryptocurrency on my taxes?
- 85
Are there any special tax rules for crypto investors?
- 85
What is the future of blockchain technology?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 78
How does cryptocurrency affect my tax return?
- 66
How can I protect my digital assets from hackers?
- 40
What are the tax implications of using cryptocurrency?
- 38
What are the best digital currencies to invest in right now?