Can I purchase Bitcoin on Schwab?
Jorge Cascajo GarcinuñoDec 19, 2021 · 3 years ago3 answers
Is it possible to buy Bitcoin on Schwab? I'm interested in investing in Bitcoin and wondering if Schwab offers this option.
3 answers
- Dec 19, 2021 · 3 years agoYes, you can purchase Bitcoin on Schwab. Schwab offers a wide range of investment options, including cryptocurrencies like Bitcoin. You can buy Bitcoin through Schwab's brokerage platform and hold it in your Schwab account. It's important to note that investing in Bitcoin carries risks, so make sure to do your research and consult with a financial advisor before making any investment decisions.
- Dec 19, 2021 · 3 years agoUnfortunately, Schwab does not currently offer the option to buy Bitcoin. However, there are other platforms and exchanges that specialize in cryptocurrency trading where you can buy Bitcoin. Some popular options include Coinbase, Binance, and BYDFi. These platforms offer a user-friendly interface and a wide range of cryptocurrencies to choose from.
- Dec 19, 2021 · 3 years agoWhile Schwab itself does not directly offer Bitcoin purchasing options, you can still invest in Bitcoin through Schwab by investing in Grayscale Bitcoin Trust (GBTC). GBTC is a publicly traded investment product that holds Bitcoin and is available on Schwab's platform. Keep in mind that GBTC is not the same as owning Bitcoin directly, but it can be a way to gain exposure to Bitcoin within your Schwab account.
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