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Fidelity Launches Retail Crypto Accounts

After initially establishing a waiting list earlier this month, Fidelity has now launched retail crypto trading accounts.

Once established, the account offers commission-free Bitcoin and Ether trading. Users who attempted to establish an account were required to read and approve many disclaimers, including a risk statement.

The user was reminded that the service states that a 1% spread would be added to each transaction execution fee.

While Fidelity has been faster in embracing digital assets than most other big investment firms, it has faced some criticism. US senators asked the corporation last week to rethink allowing retirement plan members to invest in Bitcoin.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.