What Crypto Can You Buy on Fidelity? A Comprehensive Guide to Digital Asset Investing
The rise of cryptocurrency has transformed investing, and Fidelity Investments—a leader in traditional finance—is now bridging the gap between conventional assets and digital currencies. For investors wondering, "What crypto can you buy on Fidelity?" this guide provides clarity and insights into their current offerings, future prospects, and strategies for success.
Fidelity’s Crypto Offerings: What’s Available?
Fidelity allows clients to invest in a curated selection of cryptocurrencies, starting with Bitcoin (BTC) and Ethereum (ETH). These two giants dominate the market and serve as entry points for beginners and seasoned traders alike. Through Fidelity’s platform, users can buy, sell, and store these assets in dedicated digital wallets, combining security with accessibility. While Fidelity has yet to expand into altcoins like Solana or Cardano, its focus on established cryptocurrencies minimizes volatility risks.
Why Choose Fidelity for Crypto Investing?
Fidelity stands out for its institutional-grade security and regulatory compliance. Unlike unregulated exchanges, Fidelity insures digital assets against theft and offers 24/7 monitoring. Additionally, integration with existing Fidelity accounts (e.g., IRAs or brokerage accounts) simplifies portfolio management. For long-term investors, this means fewer hurdles and more peace of mind.
How to Get Started with Crypto on Fidelity
- Open a Fidelity Crypto® Account: Seamlessly link it to your existing Fidelity profile.
- Fund Your Account: Transfer USD or other assets to purchase cryptocurrencies.
- Trade and Monitor: Execute buys/sells via Fidelity’s user-friendly interface and track performance in real-time.
The Future of Crypto at Fidelity
Fidelity continues to innovate, with plans to support staking, NFTs, and additional tokens. Their commitment to education—through webinars and market analysis—empowers investors to make informed decisions.
Conclusion
While Fidelity’s crypto portfolio is currently limited to Bitcoin and Ethereum, its robust infrastructure and strategic approach make it a top choice for cautious investors. Diversify your holdings, leverage Fidelity’s tools, and navigate the digital asset space with confidence. Start your journey today by exploring Fidelity’s crypto services!
