Fidelity Crypto users need to create a brokerage account and pass verification. Only two assets are available for trading – bitcoin and ether. At the same time, Fidelity does not take commissions. There is a spread between the buy and sell prices, but it should not exceed 1%. At the moment, the withdrawal of funds from the platform is not available, but this feature will be enabled soon.
At the moment, the number of Fidelity users is 3.71 million people, but soon millions of Americans will be able to get access to cryptocurrency trading. Fidelity was one of the first major investment and brokerage firms in the US to provide access to digital asset trading.
Recall that the launch of Fildelity Crypto took place in November last year, but only users who had previously signed up for the waiting list received access to the platform.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
