As the world’s largest asset manager, Fidelity Investments is no stranger to Bitcoin and cryptocurrency. The company has been investigating blockchain technology since 2014 and even launched a dedicated cryptocurrency trading and storage platform for institutional investors in 2018.
However, Fidelity does not currently offer a way for retail investors to buy Bitcoin directly through its platform.
This may change in the future, as the company has hinted that it is exploring ways to allow its customers to invest in Bitcoin. In an interview with CNBC in October 2018, Fidelity CEO Abby Johnson said that the company was “looking at” allowing its customers to buy Bitcoin, but that it had no plans to do so at that time.
NOTE: WARNING: Before purchasing Bitcoin through Fidelity, please be aware of the risk that comes with investing in cryptocurrencies. Cryptocurrencies are highly volatile, have no legal status, and may be subject to extreme price fluctuations. Therefore, you should only buy Bitcoin through Fidelity if you understand the risks and have sufficient capital to bear any potential losses. Be sure to conduct your own research and consult a financial advisor before making any investments.
If Fidelity does eventually offer a way for retail investors to buy Bitcoin, it would likely be through its existing brokerage services. The company offers trading and investment accounts that allow users to buy and sell stocks, bonds, mutual funds, and other assets.
It’s possible that Fidelity would add Bitcoin to this list of tradable assets, or create a separate platform for buying and selling cryptocurrency.
Either way, it’s clear that Fidelity is interested in Bitcoin and cryptocurrency. As the space continues to evolve, it’s possible that we will see Fidelity offer a way for its customers to invest in Bitcoin in the future.
At this time, however, there is no way to buy Bitcoin directly through Fidelity Investments.
4 Related Question Answers Found
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
If you’re looking for a one-stop shop when it comes to your finances, you may be wondering if Fidelity Investments offers cryptocurrency services. Unfortunately, at this time Fidelity does not offer any direct way to purchase or hold Bitcoin or any other digital currency. However, there are some indirect ways that you can gain exposure to cryptocurrency through Fidelity.
Fidelity Investments is one of the world’s largest financial services firms, with more than $7.2 trillion in client assets as of March 2018. The company offers a wide range of products and services, including traditional brokerage and investment management services, as well as retirement planning, estate planning, and banking products. Fidelity recently announced that it would allow its customers to view their bitcoin holdings within their Fidelity IRA accounts.
