Fidelity Opens Access to Crypto Trading Platform to Public

03/16/2023 21:00 • Blockchain Buzz • 160 views

According to reports, Fidelity Digital Assets recently quietly opened its access to Fidelity Crypto to the public. Millions of users can now trade Bitcoin and Ethereum on the platform without commission. The application was previously limited to waiting lists, which users can scroll through. Fidelity Crypto is open to new and existing customers. New customers must create a Fidelity Broker account during the setup process. This service is not available in all states.

Fidelity Crypto, Fidelity’s encryption investment product, has been opened to all users

Analysis based on this information:

Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, has reportedly opened up its access to Fidelity Crypto to the public. This move will enable millions of users to trade Bitcoin and Ethereum on the platform without commission charges. This service, which was previously limited to waiting lists, is now open to both new and existing customers. However, it is important to note that this service is not yet available to all states.

This announcement by Fidelity Digital Assets marks a significant milestone in the worldwide adoption of cryptocurrency, as the move will give millions of users the opportunity to dip their toes in the world of cryptocurrency trading. The decision by Fidelity Digital Assets to open its platform to the public can be seen as a positive move towards the broader adoption and recognition of cryptocurrency as a viable alternative asset class.

Furthermore, Fidelity Digital Assets is known for its Bitcoin investment fund, which is designed to allow institutional investors to gain exposure to cryptocurrency without actually owning it. With the recent news of Fidelity’s crypto trading platform now being available to the public, we can expect increased adoption by both retail and institutional investors in the coming months.

However, the fact that this service is not yet available in all states suggests that Fidelity Digital Assets may still be navigating the regulatory landscape before it can roll out the service more broadly. Despite this, Fidelity’s move to make cryptocurrency more accessible to the public is a significant step towards greater adoption and recognition of the asset class.

In conclusion, Fidelity’s move towards opening up its platform to the public signals a shift towards the greater adoption of cryptocurrency. This announcement is positive news for both retail and institutional investors, as it offers both groups the chance to take part in the cryptocurrency space with reduced commission charges. It is clear that Fidelity Digital Assets is committed to building a solid infrastructure for cryptocurrency trading and should be watched closely as it navigates the regulatory landscape and continues to diversify its offerings.

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Fidelity Opens Access to Crypto Trading Platform to Public

Fidelity Crypto, Fidelity’s encryption investment product, has been opened to all users

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