Can you buy Bitcoin through Schwab?
Hamza RezektiNov 08, 2020 · 5 years ago3 answers
Is it possible to purchase Bitcoin through Schwab?
3 answers
- Golu KhanMay 15, 2021 · 4 years agoNo, Schwab does not currently offer the option to buy Bitcoin. Schwab is a traditional brokerage firm and primarily deals with stocks, bonds, and other traditional investment options. If you're interested in buying Bitcoin, you may want to consider using a cryptocurrency exchange like Binance or BYDFi.
- Silver VittrupJul 25, 2021 · 4 years agoUnfortunately, Schwab does not support Bitcoin purchases. They focus on traditional investment options and do not offer access to cryptocurrencies. If you're looking to buy Bitcoin, you'll need to use a dedicated cryptocurrency exchange.
- LimMay 13, 2021 · 4 years agoWhile Schwab doesn't directly offer Bitcoin purchases, you can still invest in Bitcoin indirectly through certain investment products. For example, you can invest in Grayscale Bitcoin Trust (GBTC) through Schwab. GBTC is a publicly traded trust that holds Bitcoin, allowing you to gain exposure to Bitcoin's price movements without directly owning it. However, keep in mind that GBTC carries its own set of risks and may not perfectly track the price of Bitcoin.
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