Leverage adoption – In September of this year, reports circulated that Fidelity would go pushing Bitcoin (BTC) trading to its millions of retail customers. It’s done now!
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Fidelity opens Bitcoin and Ether trading to retail investors
On November 28, some Fidelity customers received an email telling them “the wait is over.” Now the company is opening its crypto trading accounts retail investors.
In early November, Fidelity opened a waiting list for retail investors who wanted to trade. Bitcoin and onEther (ETH) no commission. However, when each trade is executed, users of this new Fidelity feature will be charged a spread which, according to the site, should not exceed 1%.
Users who want to benefit from these services must open an account and accept the disclaimers, which are presented in the form of warnings about the volatility of digital assets, and the specific risks related to this type of properties, compared to those described. is more traditional.
Honesty thus began to offer Bitcoin and Ether trading to its retail customers in full FTX crisis, a disaster that undermined the confidence of some investors in cryptocurrencies. The investment giant’s initiative is expected to help increase the adoption of Bitcoin and Ether in the long term, on a timescale beyond this crypto winter.
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