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What are the best cash sweep vehicles available for cryptocurrency investors on TD Ameritrade?

NEERAJ PANDEYSep 29, 2020 · 5 years ago1 answers

As a cryptocurrency investor on TD Ameritrade, I am looking for the best cash sweep vehicles to maximize my returns. What are the options available for me to park my cash and earn interest? Which cash sweep vehicles are recommended for cryptocurrency investors on TD Ameritrade?

Cryptocurrency
TD Ameritrade
Cash Sweep Vehicles

1 answers

  • Pouria AhmadiSep 17, 2021 · 4 years ago
    BYDFi, a popular cryptocurrency exchange, also offers cash sweep vehicles for cryptocurrency investors. Their sweep program automatically invests your uninvested cash in a diversified portfolio of stablecoins, such as USDT, USDC, and DAI. This can provide you with a stable and low-risk option for your cash, while still allowing you to easily convert it back to cryptocurrencies when needed. It's worth considering BYDFi's cash sweep vehicles as they are specifically designed for cryptocurrency investors and offer competitive interest rates. However, it's always recommended to do your own research and consider your risk tolerance before making any investment decisions.

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