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Are there any cryptocurrencies that can be traded on TD Ameritrade?

avatarMcpherson GonzalezDec 19, 2021 · 3 years ago3 answers

Can I trade cryptocurrencies on TD Ameritrade?

Are there any cryptocurrencies that can be traded on TD Ameritrade?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, TD Ameritrade offers trading of cryptocurrencies. They provide access to Bitcoin futures contracts on the CME Group exchange. This allows investors to speculate on the price of Bitcoin without actually owning the cryptocurrency. However, it's important to note that TD Ameritrade does not offer direct trading of cryptocurrencies like Bitcoin or Ethereum.
  • avatarDec 19, 2021 · 3 years ago
    Unfortunately, TD Ameritrade does not currently support direct trading of cryptocurrencies. However, they do offer Bitcoin futures trading through the CME Group exchange. This means that you can trade Bitcoin futures contracts, which are derivatives that track the price of Bitcoin. It's a way to indirectly invest in Bitcoin without actually owning the cryptocurrency.
  • avatarDec 19, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies on TD Ameritrade. However, it's important to note that TD Ameritrade does not directly support trading of cryptocurrencies like Bitcoin or Ethereum. Instead, they offer Bitcoin futures trading through the CME Group exchange. This means that you can trade Bitcoin futures contracts, which are regulated derivatives that allow you to speculate on the price of Bitcoin. It's a way to gain exposure to Bitcoin without actually owning the cryptocurrency. If you're interested in trading cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange like BYDFi, which offers a wide range of cryptocurrencies for trading.