Is it possible to invest in digital currencies through M1 Finance?

3 answers

• Nov 28, 2021 · 3 years ago
  Unfortunately, M1 Finance does not currently support direct investments in digital currencies. M1 Finance is primarily focused on traditional investment assets like stocks and ETFs. However, there are other platforms and exchanges that specialize in cryptocurrency investments, such as Binance and Coinbase. These platforms provide a wide range of digital currencies to choose from and offer features specifically designed for cryptocurrency trading.
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• Nov 28, 2021 · 3 years ago
  No, M1 Finance does not offer the option to invest in digital currencies. M1 Finance is a robo-advisor platform that primarily focuses on creating and managing diversified portfolios of stocks and ETFs. If you're interested in investing in cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange or trading platform that offers a wider range of digital assets and advanced trading features.
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• Nov 28, 2021 · 3 years ago
  While M1 Finance does not directly support digital currency investments, you can indirectly invest in digital currencies through M1 Finance by investing in companies that have exposure to the cryptocurrency market. For example, you can invest in stocks of companies that are involved in blockchain technology or provide services related to cryptocurrencies. This allows you to gain exposure to the potential growth of the cryptocurrency market without directly owning digital currencies. However, it's important to note that investing in individual stocks carries its own risks and may not provide the same level of diversification as investing in a dedicated cryptocurrency exchange.
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