Support my channel ~ Fidelity Crypto - Is it worth it? As you may have heard, Fidelity Crypto has 'Early Access' to their new crypto platform. Let's find out if it's worth opening a Fidelity Crypto trading account. This product is focused on retail customers. This is an interesting time to launch their crypto trading feature, considering what is happening to crypto companies in general, for example FTX going bankrupt. This will bring new investors who are not yet exposed to crypto. Fidelity also has educational tutorials and videos around crypto. This is great news for crypto in general, since Fidelity Investments is one of the largest asset managers in the world. I think this is a good starting point for new comers who want to get started but aren't ready yet to manage their own crypto off exchanges. However, currently you cannot transfer your assets on or off the exchange. Important notes according to Fidelity's website: Fidelity Crypto is not a new coin Crypto trades are commission free Spread of 1% will be factored intro every trade execution price. A spread is the difference between your execution price and the price at which Fidelity Digital assets fills your order. Fidelity Crypto limits trading to 4am to 12am Eastern time Customers cannot transfer crypto out of their accounts or to external crypto wallets Follow me on ~ Blog ~ Join Realm Path 100 subscribers - November 12, 2021 500 subscribers - December 29, 2021 1,000 subscribers - April 12, 2022 1,300 subscribers - December 4, 2022 Disclaimer This is not financial advice and I am not a financial advisor. None of this is meant to be construed as investment advice, it's for entertainment purposes only. All views are my own. Affiliate Disclosure: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my personal opinions. #bitcoin #fidelitycrypto #fidelitybitcoin...(read more)
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