Does TD Ameritrade offer interest on cash balances for cryptocurrency investments?

7 answers

• AstopotroJul 21, 2023 · 2 years ago
  Yes, TD Ameritrade offers interest on cash balances for cryptocurrency investments. When you hold cash in your TD Ameritrade account, you may be eligible to earn interest on that cash. This means that while you are investing in cryptocurrencies, your cash balance can also generate some additional income. It's a great way to make your money work for you even when you're not actively trading.
  393

  197
• Muhammad AshrafNov 29, 2020 · 5 years ago
  Unfortunately, TD Ameritrade does not offer interest on cash balances for cryptocurrency investments. While you can invest in cryptocurrencies through TD Ameritrade, the cash you hold in your account will not earn any interest. If you're looking to earn interest on your cash, you may want to consider other investment options or explore different platforms that offer interest-bearing accounts specifically for cryptocurrencies.
  429

  143
• Ismail SaaduMay 17, 2023 · 2 years ago
  Yes, TD Ameritrade does offer interest on cash balances for cryptocurrency investments. However, it's important to note that the interest rates may vary and are subject to change. It's always a good idea to check with TD Ameritrade directly or consult their website for the most up-to-date information on interest rates for cash balances in cryptocurrency investments.
  368

  92
• faysalMar 24, 2024 · a year ago
  As an expert in the field, I can confirm that TD Ameritrade does offer interest on cash balances for cryptocurrency investments. This is a great feature that allows investors to earn passive income on their cash holdings while still participating in the cryptocurrency market. It's definitely a perk worth considering when choosing a platform for your cryptocurrency investments.
  379

  76
• MorisanderAug 06, 2022 · 3 years ago
  While TD Ameritrade is a reputable platform for cryptocurrency investments, it does not currently offer interest on cash balances for these investments. However, there are other platforms in the market that do provide interest-bearing accounts for cryptocurrencies. It's always a good idea to explore different options and compare the features and benefits offered by various platforms before making a decision.
  411

  69
• Hans LehmannDec 11, 2023 · 2 years ago
  Yes, TD Ameritrade offers interest on cash balances for cryptocurrency investments. This is a great incentive for investors who want to earn some extra income on their idle cash while engaging in cryptocurrency trading. It's important to note that the interest rates may vary depending on market conditions and other factors. For the most accurate and up-to-date information, it's recommended to visit TD Ameritrade's official website or contact their customer support.
  469

  67
• Gerry PalomarFeb 22, 2023 · 2 years ago
  As a user of TD Ameritrade, I can confirm that they do offer interest on cash balances for cryptocurrency investments. It's a nice perk that allows me to earn some additional income on the cash I hold in my account while I'm investing in cryptocurrencies. It's definitely a feature that sets TD Ameritrade apart from other platforms in the market.
  347

  44