Is Fidelity offering coverage for SIPCs for digital currencies?

3 answers

• Mar 15, 2022 · 3 years ago
  Yes, Fidelity does offer coverage for digital currencies through SIPCs (Securities Investor Protection Corporation). SIPCs provides limited protection for cash and securities held by a customer at a financially troubled brokerage firm. However, it's important to note that this coverage does not protect against losses due to market fluctuations or the potential loss of value in digital currencies.
  399200
• Mar 15, 2022 · 3 years ago
  Absolutely! Fidelity understands the importance of providing coverage for digital currencies. With SIPCs, your cash and securities held with Fidelity are protected in case of a financial crisis. This gives you peace of mind knowing that your investments are safeguarded.
  27090
• Mar 15, 2022 · 3 years ago
  Yes, Fidelity offers coverage for digital currencies through SIPCs. SIPCs is a trusted organization that provides protection for investors in case of a brokerage firm's failure. It's great to see Fidelity taking steps to ensure the safety of their customers' digital assets.
  27469