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Can you buy Bitcoin through Schwab?

avatarRan YangJan 11, 2022 · 3 years ago3 answers

Is it possible to purchase Bitcoin through Schwab?

Can you buy Bitcoin through Schwab?
Bitcoin
Schwab
Cryptocurrency

3 answers

  • avatarJan 11, 2022 · 3 years ago
    No, Schwab does not currently offer the option to buy Bitcoin. Schwab is a traditional brokerage firm and primarily deals with stocks, bonds, and other traditional investment options. If you're interested in buying Bitcoin, you may want to consider using a cryptocurrency exchange like Binance or BYDFi.
  • avatarJan 11, 2022 · 3 years ago
    Unfortunately, Schwab does not support Bitcoin purchases. They focus on traditional investment options and do not offer access to cryptocurrencies. If you're looking to buy Bitcoin, you'll need to use a dedicated cryptocurrency exchange.
  • avatarJan 11, 2022 · 3 years ago
    While Schwab doesn't directly offer Bitcoin purchases, you can still invest in Bitcoin indirectly through certain investment products. For example, you can invest in Grayscale Bitcoin Trust (GBTC) through Schwab. GBTC is a publicly traded trust that holds Bitcoin, allowing you to gain exposure to Bitcoin's price movements without directly owning it. However, keep in mind that GBTC carries its own set of risks and may not perfectly track the price of Bitcoin.

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