What are the fees for investing in a Roth IRA with fidelity and using it for cryptocurrency investments?

3 answers

• Krisjane RealizaJun 12, 2022 · 3 years ago
  Investing in a Roth IRA with fidelity and using it for cryptocurrency investments can incur various fees. Fidelity charges an annual account maintenance fee for Roth IRAs, which can range from $0 to $50 depending on the account balance. Additionally, there may be transaction fees for buying and selling cryptocurrencies within the Roth IRA. These fees can vary depending on the specific cryptocurrency and the trading platform used. It's important to carefully review the fee schedule provided by fidelity and consider the potential costs before making any investment decisions.
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• Gu WeiSep 24, 2024 · a year ago
  When investing in a Roth IRA with fidelity and using it for cryptocurrency investments, you should be aware of the fees involved. Fidelity charges an annual account maintenance fee for Roth IRAs, which can be waived if certain conditions are met. In addition, there may be fees for buying and selling cryptocurrencies within the Roth IRA. These fees can vary depending on the specific cryptocurrency and the trading platform used. It's important to carefully consider the fees and potential returns before making any investment decisions.
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• Steffensen DelacruzJan 29, 2021 · 5 years ago
  BYDFi, a digital currency exchange, offers Roth IRA accounts for cryptocurrency investments. The fees associated with investing in a Roth IRA with BYDFi and using it for cryptocurrency investments can vary. BYDFi charges an annual account maintenance fee for Roth IRAs, which can range from $0 to $100 depending on the account balance. Additionally, there may be transaction fees for buying and selling cryptocurrencies within the Roth IRA. These fees can vary depending on the specific cryptocurrency and the trading platform used. It's important to carefully review the fee schedule provided by BYDFi and consider the potential costs before making any investment decisions.
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