Is it possible to transfer my Robinhood stocks to Fidelity and then use the funds to buy cryptocurrencies?

3 answers

• Mar 16, 2022 · 3 years ago
  Yes, it is possible to transfer your stocks from Robinhood to Fidelity. However, once the stocks are transferred to Fidelity, you cannot directly use the funds to buy cryptocurrencies. Fidelity does not currently offer direct cryptocurrency trading. You would need to sell your stocks and then use the proceeds to buy cryptocurrencies on a different platform.
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• Mar 16, 2022 · 3 years ago
  Absolutely! You can transfer your stocks from Robinhood to Fidelity and then use the funds to invest in cryptocurrencies. Fidelity offers a wide range of investment options, including access to various cryptocurrencies. Once your stocks are transferred, you can sell them and use the proceeds to buy cryptocurrencies through Fidelity's platform.
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• Mar 16, 2022 · 3 years ago
  While it is possible to transfer your stocks from Robinhood to Fidelity, Fidelity itself does not offer direct cryptocurrency trading. However, you can transfer your stocks to Fidelity and then use the proceeds to invest in cryptocurrencies through other platforms. For example, you can transfer your funds to BYDFi, a popular cryptocurrency exchange, and buy cryptocurrencies there.
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