How can I cancel my fidelity account and invest in cryptocurrencies instead?

3 answers

• Sharvin ManjrekarJul 09, 2024 · 2 years ago
  Sure, cancelling your fidelity account and starting to invest in cryptocurrencies is a straightforward process. Here are the steps you can follow: 1. Contact fidelity customer service: Reach out to fidelity customer service either through phone or email and inform them about your decision to cancel your account. They will guide you through the cancellation process and provide any necessary instructions. 2. Transfer your funds: Before cancelling your fidelity account, make sure to transfer your funds to a bank account or another investment platform. This will ensure that you don't lose any money during the transition. 3. Research cryptocurrency exchanges: Once your fidelity account is cancelled, you can start researching different cryptocurrency exchanges. Look for exchanges that are reputable, secure, and offer a wide range of cryptocurrencies to invest in. 4. Choose a cryptocurrency exchange: Select a cryptocurrency exchange that suits your needs and preferences. Consider factors such as user interface, fees, security measures, and available cryptocurrencies. 5. Create an account: Sign up for an account on the chosen cryptocurrency exchange. This usually involves providing your personal information, verifying your identity, and setting up security measures like two-factor authentication. 6. Deposit funds: After creating an account, deposit funds into your cryptocurrency exchange account. This can be done through bank transfers, credit/debit cards, or other accepted payment methods. 7. Start investing: Once your funds are deposited, you can start investing in cryptocurrencies. Research different cryptocurrencies, analyze market trends, and make informed investment decisions. Remember to always do thorough research and consider the risks involved in cryptocurrency investments. It's also a good idea to start with a small investment and gradually increase your exposure as you gain more experience and knowledge in the crypto market.
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• Jesus RicarteFeb 19, 2023 · 3 years ago
  Canceling your fidelity account and venturing into the world of cryptocurrencies can be an exciting move. Here's a step-by-step guide to help you: 1. Contact fidelity customer support: Reach out to fidelity's customer support team and inform them about your decision to cancel your account. They will guide you through the cancellation process and provide any necessary assistance. 2. Transfer your funds: Before canceling your fidelity account, make sure to transfer your funds to a secure location. You can choose to transfer them to a bank account or another investment platform that supports cryptocurrencies. 3. Research cryptocurrency exchanges: Take the time to research different cryptocurrency exchanges and find one that suits your needs. Look for exchanges with a good reputation, strong security measures, and a wide range of available cryptocurrencies. 4. Create an account: Once you have chosen a cryptocurrency exchange, create an account by providing the required information and completing the necessary verification steps. 5. Deposit funds: After creating your account, deposit funds into your cryptocurrency exchange account. This can usually be done through bank transfers or by using supported payment methods. 6. Start investing: With funds in your cryptocurrency exchange account, you can start investing in cryptocurrencies. Conduct thorough research, stay updated on market trends, and make informed investment decisions. Remember, investing in cryptocurrencies carries risks, so it's important to educate yourself and only invest what you can afford to lose.
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• JonathanZhangJul 30, 2022 · 4 years ago
  Sure, I can help you with that. To cancel your fidelity account and start investing in cryptocurrencies, follow these steps: 1. Contact fidelity customer service: Get in touch with fidelity's customer service team and inform them about your decision to cancel your account. They will guide you through the cancellation process and provide any necessary instructions. 2. Transfer your funds: Before canceling your fidelity account, make sure to transfer your funds to a secure location. You can transfer them to a bank account or another investment platform that supports cryptocurrencies. 3. Research cryptocurrency exchanges: Take some time to research different cryptocurrency exchanges and find one that suits your needs. Look for exchanges with a good reputation, strong security measures, and a wide range of available cryptocurrencies. 4. Create an account: Once you have chosen a cryptocurrency exchange, create an account by providing the required information and completing the necessary verification steps. 5. Deposit funds: After creating your account, deposit funds into your cryptocurrency exchange account. This can usually be done through bank transfers or by using supported payment methods. 6. Start investing: With funds in your cryptocurrency exchange account, you can start investing in cryptocurrencies. Conduct thorough research, stay updated on market trends, and make informed investment decisions. Remember, investing in cryptocurrencies carries risks, so it's important to do your own research and only invest what you can afford to lose.
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