Is it possible to use my fidelity account to buy and sell digital currencies if it's blocked?

7 answers

• Gregersen PetersenApr 18, 2023 · 2 years ago
  Yes, it is possible to use your fidelity account to buy and sell digital currencies even if it's blocked. Fidelity has recently started allowing its customers to invest in digital assets through its subsidiary company. However, it's important to note that there may be certain restrictions or limitations imposed by fidelity on cryptocurrency transactions. It's recommended to check with fidelity directly or consult their terms and conditions for more information.
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• Bagger LauesenJul 14, 2022 · 3 years ago
  No, if your fidelity account is blocked, you won't be able to use it for buying and selling digital currencies. Fidelity has implemented measures to prevent its customers from engaging in cryptocurrency transactions due to the high volatility and regulatory concerns associated with digital assets. In such cases, you may consider using other platforms or exchanges that allow cryptocurrency trading.
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• Manasi BagJun 09, 2021 · 4 years ago
  While fidelity may block transactions related to cryptocurrencies, there are alternative options available. BYDFi, a popular digital currency exchange, allows users to buy and sell a wide range of digital currencies. You can create an account on BYDFi and start trading digital assets hassle-free. Just make sure to comply with their terms and conditions and complete the necessary verification process.
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• Manuele PasiniDec 08, 2023 · 2 years ago
  Absolutely! Despite fidelity's restrictions, there are numerous other exchanges that you can use to buy and sell digital currencies. Binance, for example, is one of the largest and most reputable cryptocurrency exchanges in the world. It offers a wide range of digital assets and provides a user-friendly platform for trading. Simply create an account on Binance, deposit funds, and start exploring the exciting world of digital currencies.
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• jhk yzjJun 07, 2024 · a year ago
  Yes, fidelity may block transactions related to cryptocurrencies, but there are still ways to buy and sell digital currencies. LocalBitcoins is a peer-to-peer platform that allows users to trade Bitcoin and other cryptocurrencies directly with each other. It provides a secure escrow service to ensure the safety of transactions. You can find sellers in your area or from around the world and negotiate the terms of the trade. Just be cautious and follow the recommended safety guidelines.
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• NobodyJul 12, 2025 · 3 months ago
  Definitely! While fidelity may have restrictions, there are plenty of other options to buy and sell digital currencies. Coinbase is a popular and trusted platform that allows users to trade a variety of cryptocurrencies. It offers a user-friendly interface, secure storage for digital assets, and a range of trading tools. Simply create an account on Coinbase, complete the necessary verification process, and start trading digital currencies.
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• Mohamed GarayoSep 20, 2020 · 5 years ago
  Yes, fidelity may block transactions related to cryptocurrencies, but there are still ways to buy and sell digital currencies. Kraken is a reputable cryptocurrency exchange that offers a wide range of digital assets for trading. It provides advanced trading features, high liquidity, and robust security measures. Create an account on Kraken, complete the verification process, and start trading digital currencies with ease.
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