Can You Buy Crypto on Fidelity? A Complete Guide to Digital Assets at Fidelity Investments

For investors asking, "Can you buy crypto on Fidelity?" the answer is a definitive yes. Fidelity Investments, a titan in traditional finance, has entered the digital asset space, offering its millions of clients a trusted gateway to cryptocurrency. This move bridges the gap between conventional portfolios and the emerging world of digital assets. If you're considering buying Bitcoin or Ethereum through a renowned institution, understanding Fidelity's offering is crucial.

Fidelity Crypto: Your Gateway to Digital Assets Fidelity Crypto is the dedicated service allowing eligible customers to buy cryptocurrency on Fidelity. Currently, it supports Bitcoin (BTC) and Ethereum (ETH). The key advantage is integration: you can view your crypto holdings alongside your traditional IRAs, brokerage accounts, and 401(k)s on the same platform. This unified view simplifies portfolio management. Transactions are executed by Fidelity Digital Assets℠, a separate entity built with institutional-grade security.

How to Start Buying Crypto on Fidelity Getting started is straightforward:

1. Eligibility: Ensure you're in a supported U.S. state and have an eligible Fidelity brokerage account.
2. Enable Fidelity Crypto: Locate the "Crypto" feature on your portfolio summary or the mobile app and complete the setup agreement.
3. Fund Your Account: Transfer cash from your linked bank account to your Fidelity core position.
4. Place an Order: Navigate to the trade crypto screen, select the asset (BTC or ETH), enter the dollar amount, and submit your trade.

Benefits of Choosing Fidelity for Your Crypto Investments Opting to buy cryptocurrency on Fidelity comes with distinct benefits:

• Security & Trust: Assets are held in cold storage, and the platform operates under rigorous regulatory compliance.
• Simplified Experience: No need for separate exchange accounts or private keys. It's designed for ease of use.
• Integrated Planning: Seamlessly fits crypto into your broader financial picture with Fidelity's planning tools.
• Educational Resources: Access to Fidelity's research and learning materials on Fidelity digital assets.

Important Considerations: Fees and Limitations While convenient, it's vital to understand the model. Fidelity charges a spread of 1% on each trade (subject to change). Note that you cannot transfer your crypto to external wallets; your holdings are custodied by Fidelity. This is a trade-off between convenience and direct ownership. Always compare features and costs with dedicated crypto exchanges.

Conclusion: Is Fidelity Crypto Right for You? So, can you buy crypto on Fidelity? Absolutely. It's an ideal solution for existing Fidelity clients and newcomers who prioritize security, integration, and a familiar interface over the full range of altcoins and self-custody options. It represents a significant step toward mainstream adoption, allowing you to invest in crypto through one of the world's most trusted financial names. Before starting, review the latest terms, ensure it aligns with your investment strategy, and consider the digital asset's inherent volatility.

Start exploring Fidelity Crypto today to take a measured step into the future of finance.