News

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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

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.

Recent Posts

Blast Review: The First Layer 2 Native Yield Project

Blast Review, the first Layer 2 providing automatic profits to ETH assets and stablecoin holdings,…

1 hour ago

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

Milan, Italy, May 7th, 2024, ChainwireCryptocurrency casino platform TG.Casino and iconic Italian football team AC…

1 hour ago

Ethena Labs’ USDe Now Used By Bybit As A Collateral Asset

Ethena Labs' USDe will now serve as collateral for trading perpetual futures on Bybit, offering…

1 hour ago

Join Morph’s Revolution with the Launch of Holesky Testnet

Morph, an Ethereum layer 2 leading a Consumer Blockchain revolution, has announced the launch of…

2 hours ago

Digital Asset Investment Products Has 4th Consecutive Week Of Outflows With $251M

Digital asset investment products saw their fourth straight week of outflows, totaling $251 million, prompted…

2 hours ago

Enter the Wasteland: Survive, Conquer and Thrive in a Post-Apocalyptic Playground with DECIMATED

Singapore, Singapore, May 7th, 2024, ChainwireAs the digital dawn of gaming rises, the visionary minds…

2 hours ago

This website uses cookies.