Assets, Ethereum

Can I Invest in Ethereum on Fidelity?

Fidelity offers an Ethereum investment opportunity for accredited investors through its Digital Asset Services platform. Fidelity Investments is one of the world’s largest asset managers with more than $2.

4 trillion in assets under management. The company’s foray into digital assets comes as the cryptocurrency market has seen a surge in interest from both retail and institutional investors.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a blockchain, a decentralized network of computers that ensures that data is secure and can’t be tampered with.

NOTE: Please be aware that investing in Ethereum on Fidelity carries significant risks. You should only invest money that you are willing to lose, as there is no guarantee of success when investing. It is important to understand all the associated risks before investing and to consult with a qualified financial advisor beforehand.

The Ethereum blockchain is the largest and most widely used blockchain in the world.

Fidelity’s Digital Asset Services platform provides custody, trade execution, and financing for digital assets. The platform is available to accredited investors in the United States, and Fidelity plans to extend its services to other jurisdictions in the future.

Fidelity has been working with digital assets for over two years and has been an early mover in the space.

The decision to offer Ethereum investment opportunities to accredited investors through its Digital Asset Services platform is a sign that Fidelity is bullish on the future of cryptocurrency. With its experience and size, Fidelity could help bring legitimacy to the cryptocurrency market and attract more institutional investors.

2 Related Question Answers Found

Can You Buy Ethereum at Fidelity?

Fidelity, one of the largest asset managers in the world with $2.46 trillion in assets under management, has been allowing its clients to buy and sell bitcoin and ethereum since August of 2018. However, it does not appear as though Fidelity clients are able to directly purchase ethereum with fiat currency, only with bitcoin. This could be due to the fact that ethereum’s price is highly volatile and has been on a downward trend since early 2018.

Can You Buy Ethereum From Fidelity?

Yes, you can buy Ethereum from Fidelity. Fidelity is a popular online broker that offers investors access to a wide range of investment products, including cryptocurrencies. Cryptocurrencies are a new asset class that is growing in popularity, and Fidelity offers its clients the ability to trade Bitcoin, Ethereum, and other major cryptocurrencies.
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