Is Fidelity offering coverage for SIPCs for digital currencies?

3 answers

• Feb 19, 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.
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• Feb 19, 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.
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• Feb 19, 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.
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