With Fidelity Crypto, financial giant Fidelity Investments will allow its retail clients to trade Bitcoin (BTC) and Ethereum (ETH)

Now courted by banks and large investment funds, Bitcoin (BTC) is gradually becoming a mainstream financial product in major financial institutions.

After launching crypto investment products aimed at its institutional clients, the investment giant Fidelity Investments Will Soon Allow Retail Clients to Trade Bitcoin (BTC) and Ethereum (ETH).

Fidelity Crypto will actually offer crypto trading to the 34 million individual customers from the asset manager of $4.5 trillionwhich is confirmed by the company’s website, which gives interested parties the opportunity to sign up for a waiting list.

Crypto trading, which will be carried out without commission, but Fidelity Crypto specifies that it will charge a spread (difference) on the price:

“Fidelity Digital Assets collects a spread (value of no more than 1%) calculated as the difference between the price at which you buy or sell crypto in your Fidelity Crypto account and the price at which Fidelity Digital Assets executes your order. »

A spreading technique that can end up costing much more than traditional trading fees found on traditional crypto trading platforms like Binance or FTX.

Fidelity’s launch of a crypto trading service to the general public illustrates the growing adoption of Bitcoin and cryptocurrencies, which is accelerating.

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In the same way, Fidelity has recently entered into a collaboration with major financial players, including Charles Schwab and Citadel Securities to start a crypto exchange called EDX marketsclick here to read our article.

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