Tuesday, June 25, 2024
14.3 C
HomeCrypto ExchangeFidelity Crypto opens the way for millions of its customers to trade...

Fidelity Crypto opens the way for millions of its customers to trade Bitcoin and Ethereum

Fidelity Digital Assets quietly pushed forward to open opportunities for millions of its users to trade Bitcoin and Ethereum without commissions on its platform. Users were previously limited to a waitlist and had access to the platform on a rotating basis. Now, Fidelity Crypto has been opened to both existing and new customers, with new customers creating an account with Fidelity Brokerage during setup. The company notes that this service is not available in all states.

Users can trade Bitcoin and Ethereum on the platform without paying commissions, and the company will only impose price differences of no more than 1%. It is expected that withdrawals through the platform will be enabled later.

Regarding cryptocurrencies, Fidelity is ahead of most of its counterparts in the United States in providing cryptocurrencies to its customers. The launch coincided with a growing regulatory environment in the United States and the collapse of two of its major banks, Silvergate and Signature Bank.

This comes in light of the trademarks the company introduced last year, including providing services in Metaverse and other virtual worlds. The company’s steps are in innovation and expanding its services to meet the needs of customers and keep up with modern technological developments. Fidelity is one of the world’s largest asset management companies, based in the United States, managing about $4.9 trillion in investment assets for its various clients, including companies, governments, and individuals.

With the growing popularity of cryptocurrencies, Fidelity seems to have paved the way for customers to take advantage of investment opportunities in this area and facilitate trading on its electronic platform. The company is expected to continue developing its services to provide the best investment solutions for its customers, including cryptocurrencies and others.

SourceThe Block


As per the principles outlined by the Trust Project, Cryptozia remains dedicated to delivering impartial and transparent reporting. This news article is intended to offer precise and punctual information. Nevertheless, it is recommended that readers autonomously corroborate the facts and seek advice from a qualified expert prior to making any decisions reliant on this content.

latest articles

explore more