Are there any restrictions when buying cryptocurrency with fidelity?

1 answers

• MD SifatJul 29, 2024 · a year ago
  When it comes to buying cryptocurrency with fidelity, there are a few restrictions and limitations to be aware of. First and foremost, fidelity requires users to have a fidelity brokerage account. This means you'll need to go through their account opening process and provide the necessary identification documents. Once you have an account, you can buy cryptocurrency directly through fidelity's platform. However, fidelity currently only supports the purchase of Bitcoin and Ethereum. If you're interested in buying other cryptocurrencies, you'll need to use a different exchange. Additionally, fidelity may have certain transaction limits or restrictions on the amount of cryptocurrency you can buy. These limits may vary depending on your account type and trading history. It's important to review fidelity's terms and conditions or reach out to their customer support for more information on these restrictions.
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