What are the potential risks of fidelity selling my digital currency without permission?

6 answers

• Muhammad KhateebMar 06, 2022 · 4 years ago
  If fidelity were to sell your digital currency without your permission, there are several potential risks you may face. Firstly, you could suffer financial losses if the selling price is lower than what you initially paid for the currency. Additionally, unauthorized selling of your digital currency may result in a breach of your personal information, leading to potential identity theft or fraud. Moreover, if fidelity sells your digital currency without your consent, it may damage their reputation and trustworthiness as a digital currency exchange. It is crucial to ensure that you have control over your digital assets and that your chosen exchange has robust security measures in place to prevent unauthorized transactions.
  730

  365
• Arpan RoySep 06, 2024 · a year ago
  Well, if fidelity goes ahead and sells your digital currency without your permission, it's not going to be a pleasant experience. You could end up losing money if the selling price is lower than what you bought it for. And let's not forget about the potential privacy issues. Unauthorized selling of your digital currency could expose your personal information, making you vulnerable to identity theft or other forms of fraud. Plus, fidelity might face some serious backlash if they pull a stunt like that. So, it's always a good idea to choose a trustworthy exchange and keep a close eye on your digital assets.
  612

  204
• Noman ChughtaiFeb 03, 2021 · 5 years ago
  If fidelity were to sell your digital currency without your permission, it would be a clear violation of your rights as a user. At BYDFi, we understand the importance of user consent and control over their digital assets. We prioritize security and ensure that our users have full control over their digital currencies. It's crucial to choose an exchange that respects your rights and takes the necessary measures to protect your assets. Always be cautious and stay informed about the security practices of the exchange you choose to trade on.
  543

  136
• Kavin GamageJul 11, 2025 · 2 months ago
  Selling your digital currency without permission? That's a big no-no. If fidelity were to do that, you could be looking at potential financial losses and privacy breaches. Nobody wants to lose money, right? And having your personal information exposed is never a good thing. So, make sure you choose an exchange that respects your privacy and has strong security measures in place. Do your research and stay informed to protect yourself from such risks.
  453

  91
• Khaireddine ArbouchApr 18, 2022 · 3 years ago
  If fidelity sells your digital currency without your permission, there are a few potential risks you should be aware of. Firstly, you could face financial losses if the selling price is lower than what you initially paid for the currency. Additionally, unauthorized selling of your digital currency may result in the exposure of your personal information, putting you at risk of identity theft or fraud. It's important to choose a reputable exchange that prioritizes user security and consent to mitigate these risks. Always stay vigilant and regularly monitor your digital assets.
  581

  97
• Daniel VictoriosoAug 28, 2024 · a year ago
  Imagine fidelity selling your digital currency without your permission. That's a nightmare scenario! You could end up losing money if the selling price is lower than what you bought it for. And let's not forget about the potential privacy issues. Unauthorized selling of your digital currency could expose your personal information, making you an easy target for scammers. So, it's crucial to choose a reliable exchange that values your privacy and has strict security measures in place. Don't let your digital assets fall into the wrong hands!
  544

  78