Cryptocurrency investments through Fidelity provide a range of tax-efficient methods of investing in digital currencies. Fidelity is one of the world’s largest asset managers, providing access to a broad range of digital currencies. Through their online platform, Fidelity allows investors to access a variety of cryptos such as Bitcoin, Ethereum, and many more. Fidelity also offers an array of educational resources and analytic tools to help investors make informed decisions about their investments. Fidelity provides a dependable platform for investors to safely invest in cryptocurrencies. All transactions and account holdings are secured and encrypted through the use of two-factor authentication and other technology. Additionally, Fidelity’s custodial services ensure that digital assets are held safely and securely.
But the problem arises for new users who have no clue about how to buy cryptocurrency with fidelity. If you also have the same question, here we are discussing it in detail. Let’s have a look!
Steps to follow for investing in Cryptocurrency through Fidelity:
Step 1: Perform Login:
Logging into the Fidelity platform requires users to use their Fidelity credentials to gain access to the site. To log in, users must provide either their Fidelity account number or their username and password. For increased security, Fidelity also requires users to answer personal questions and provides an optional two-step verification process for extra security.
Once users are logged in to the Fidelity platform, they can access a variety of tools and resources to manage their accounts. The homepage includes overviews of account performance, as well as widgets that can be added to track stocks, mutual funds, and more.
Step 2: Link an existing eligible brokerage account to fund your crypto account:
Fidelity offers customers the ability to link an existing eligible brokerage account to fund their crypto account. Linking a brokerage account makes it easy to securely transfer funds to purchase and store digital assets like Bitcoin and Ethereum. With this option, customers can easily fund their Fidelity crypto account without having to leave the Fidelity platform. To link an existing brokerage account to fund a Fidelity crypto account, customers must have a Fidelity logged-in session.
Step 3: Complete registration to open your Fidelity Crypto account:
Opening a Fidelity Crypto account is a straightforward way to begin trading digital currencies. To open a Fidelity Crypto account, you will need to complete an online registration process. This process involves registering your name, address, email address, and other basic personal information. Once you have registered your information, you will need to provide a valid form of identification in order to verify your identity. This can include a government-issued ID or passport. After verifying your identity, you will need to fund your account before you can begin trading. Fidelity supports bank transfers, wire transfers, or money orders as acceptable forms of payment. You may also be able to link a credit or debit card to your account for additional funding options.
Note:
People must go through terms and conditions prior the registration and investment. Even a little negligence can lead to great trouble. So, to keep yourself safe consider everything!
Conclusion:
For those who wish to begin investing in cryptocurrencies, the team at Fidelity is there to help the first time investors make informed decisions. Fidelity offers investors the ability to track performance and risk through their Guided Portfolio Builder, which helps investors construct a diversified portfolio tailored to their individual risk profiles.