What are the steps to close a fidelity account and transfer the funds to a cryptocurrency exchange?

1 answers

• Carr MirandaAug 01, 2023 · 2 years ago
  Closing a fidelity account and transferring the funds to a cryptocurrency exchange requires a few steps. Here's a simplified guide to help you: 1. Contact fidelity customer service: Reach out to fidelity customer service and inform them about your decision to close the account. They will provide you with the necessary forms and guide you through the process. 2. Fill out the account closure forms: Complete the provided forms accurately and follow the instructions provided by fidelity. 3. Sell your investments: Before closing the account, sell your investments. Review your portfolio and decide which ones you want to sell. Place sell orders and wait for them to be executed. 4. Transfer funds to your bank account: Once the sell orders are completed and the funds are in your fidelity account, initiate a transfer to your bank account. Follow fidelity's instructions for this step. 5. Choose a cryptocurrency exchange: Research and select a cryptocurrency exchange that suits your needs. Create an account and complete the necessary verification process. 6. Deposit funds to the cryptocurrency exchange: After your account is verified, transfer the funds from your bank account to the cryptocurrency exchange. Follow the exchange's instructions for depositing funds. 7. Start trading: Once the funds are successfully deposited into your cryptocurrency exchange account, you can start trading. Remember to consult fidelity customer service and the cryptocurrency exchange for any specific requirements or steps related to your account and the exchange you choose. Best of luck with your account closure and cryptocurrency journey!
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