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How can I invest my self-directed IRA in cryptocurrencies on Fidelity?

avatarBede mo emamNov 28, 2021 · 3 years ago1 answers

I am interested in investing my self-directed IRA in cryptocurrencies on Fidelity. Can you provide me with information on how to do this?

How can I invest my self-directed IRA in cryptocurrencies on Fidelity?
Self-directed IRA
Cryptocurrencies
Fidelity

1 answers

  • avatarNov 28, 2021 · 3 years ago
    Investing your self-directed IRA in cryptocurrencies on Fidelity is a popular choice for many investors. Fidelity offers a user-friendly platform that makes it easy to invest in cryptocurrencies. To get started, you'll need to open a self-directed IRA account with Fidelity. Once your account is set up, you can transfer funds from your existing IRA to your self-directed IRA. Once the funds are in your self-directed IRA, you can start investing in cryptocurrencies. Fidelity offers a variety of cryptocurrencies to choose from, including Bitcoin, Ethereum, and more. It's important to note that investing in cryptocurrencies carries risks, so it's important to do your own research and consider your risk tolerance before investing.

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