How can I invest in digital currencies through the ASX stock exchange?

3 answers

• Ismail SulaimanJun 08, 2022 · 3 years ago
  Certainly! Investing in digital currencies through the ASX stock exchange is possible through the use of exchange-traded products (ETPs) that track the performance of digital currencies. These ETPs are listed on the ASX and can be bought and sold just like any other stock. By investing in these ETPs, you can gain exposure to the price movements of digital currencies without directly owning them. It's important to note that investing in digital currencies carries risks, so it's recommended to do thorough research and consider consulting with a financial advisor before making any investment decisions.
  606

  303
• MiseadolchFeb 28, 2024 · a year ago
  Investing in digital currencies through the ASX stock exchange is a great way to diversify your investment portfolio. By buying ETPs that track digital currencies, you can potentially benefit from the growth of the digital currency market without the need to directly own and manage digital currencies yourself. It's important to keep in mind that the value of digital currencies can be highly volatile, so it's crucial to carefully consider your risk tolerance and investment goals before investing.
  500

  167
• KhuongJan 04, 2021 · 5 years ago
  Sure! If you're interested in investing in digital currencies through the ASX stock exchange, you can consider BYDFi's digital currency ETPs. BYDFi offers a range of ETPs that track the performance of popular digital currencies such as Bitcoin and Ethereum. These ETPs can be bought and sold on the ASX, providing investors with a convenient way to gain exposure to the digital currency market. However, it's important to conduct your own research and consider your investment objectives before making any investment decisions.
  527

  132