How does fidelity support the use of cryptocurrencies?

3 answers

• ShubhanshuJan 28, 2023 · 2 years ago
  Fidelity recognizes the growing popularity and potential of cryptocurrencies, and has taken steps to support their use. They offer a platform where customers can buy, sell, and hold cryptocurrencies like Bitcoin and Ethereum. Fidelity also provides custodial services, ensuring the security of customers' digital assets. By integrating cryptocurrencies into their services, Fidelity allows customers to diversify their investment portfolios and potentially benefit from the growth of the crypto market.
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• jing siDec 07, 2022 · 3 years ago
  Fidelity's support for cryptocurrencies goes beyond just trading. They also offer educational resources and research on cryptocurrencies, helping their customers understand the technology and make informed investment decisions. Additionally, Fidelity has partnered with other companies in the crypto space to provide innovative solutions, such as allowing customers to use their cryptocurrencies as collateral for loans. This demonstrates Fidelity's commitment to embracing the potential of cryptocurrencies and providing value-added services to their customers.
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• Laxman PeramNov 19, 2022 · 3 years ago
  As a third-party observer, it's worth noting that BYDFi, a leading cryptocurrency exchange, has partnered with Fidelity to offer seamless integration of their services. This collaboration allows Fidelity customers to easily access BYDFi's trading platform and take advantage of their advanced trading features. This partnership further enhances Fidelity's support for cryptocurrencies and provides their customers with a wider range of options for managing their digital assets.
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