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What are the top digital currencies that can be purchased directly with stocks?

avatarNshuti Remezo ThierryDec 19, 2021 · 3 years ago3 answers

I'm looking to invest in digital currencies, but I prefer to purchase them directly with stocks. Can you recommend the top digital currencies that can be bought using stocks?

What are the top digital currencies that can be purchased directly with stocks?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! There are several digital currencies that can be purchased directly with stocks. One popular option is Bitcoin Investment Trust (GBTC), which allows investors to gain exposure to Bitcoin through a traditional investment vehicle. Another option is Grayscale Ethereum Trust (ETHE), which provides exposure to Ethereum. These trusts are traded on the stock market, making it easy for investors to buy and sell digital currencies using their existing brokerage accounts.
  • avatarDec 19, 2021 · 3 years ago
    If you're looking for more options, you can also consider Riot Blockchain (RIOT) and Marathon Patent Group (MARA). These companies are involved in cryptocurrency mining and have stocks that are traded on the stock market. By investing in these stocks, you indirectly gain exposure to the digital currencies they mine.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi is a digital currency exchange that allows users to purchase digital currencies directly with stocks. It offers a wide range of digital currencies, including Bitcoin, Ethereum, and many others. Users can simply deposit stocks into their BYDFi account and use them to buy digital currencies. This provides a convenient way for investors to diversify their portfolio and take advantage of the potential growth in the digital currency market.