How does Schwab handle cryptocurrency deposits?

3 answers

• priya rawatApr 11, 2023 · 2 years ago
  Sure! When it comes to cryptocurrency deposits, Schwab does not currently offer direct support. However, they do provide access to certain investment products that have exposure to digital assets. These products are managed by third-party firms and can be accessed through Schwab's platform. It's important to note that these investment products may have their own fees and restrictions. If you're specifically looking to deposit cryptocurrencies into your Schwab account, you may need to explore alternative options or consider using a dedicated cryptocurrency exchange.
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• Talita PiccirilloJun 08, 2023 · 2 years ago
  Schwab doesn't handle cryptocurrency deposits directly. Instead, they offer access to investment products that include exposure to digital assets. These products are managed by external firms and can be accessed through Schwab's platform. Keep in mind that these investment products may have their own fees and limitations. If you're looking for a more direct way to deposit cryptocurrencies, you might want to consider using a specialized cryptocurrency exchange.
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• Duncan MorrisonJan 23, 2022 · 4 years ago
  As an expert in the cryptocurrency industry, I can confirm that Schwab does not handle cryptocurrency deposits directly. However, they do provide access to investment products that track digital assets. These products are managed by third-party firms and can be accessed through Schwab's platform. It's important to carefully review the fees and terms associated with these investment products before making any decisions. If you're looking for a platform that offers direct cryptocurrency deposits, you may want to consider using a dedicated cryptocurrency exchange like BYDFi.
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