Introduction
As cryptocurrency continues to reshape the global financial landscape, traditional financial institutions are adapting rapidly to meet growing investor demand. One such major player stepping into the digital asset world is Fidelity Investments—a household name in retirement accounts, brokerage services, and financial advisory. The idea of buying crypto through Fidelity is no longer a futuristic concept but a present-day reality, with the firm now offering select cryptocurrency services to individual and institutional investors.
This in-depth guide explores everything you need to know about Fidelity’s entry into the crypto market. We’ll cover how you can buy Bitcoin through Fidelity, what services are available, how Fidelity compares to other crypto platforms, the benefits and risks involved, and whether this is a smart move for your investment portfolio. Whether you’re a seasoned trader or new to digital currencies, understanding how Fidelity facilitates crypto investment is essential for making informed financial decisions.
Chapter 1: Fidelity’s Journey Into Cryptocurrency
A Legacy Financial Institution Meets the Future
Founded in 1946, Fidelity Investments has long been a pioneer in innovation. With trillions of dollars in assets under management, its reach spans mutual funds, retirement planning, ETFs, and wealth management. Yet, even a behemoth like Fidelity couldn’t ignore the disruptive force of blockchain technology and digital assets.
In 2018, Fidelity launched Fidelity Digital Assets, a subsidiary created specifically to cater to institutional investors interested in cryptocurrencies. This move was seen as a significant step in legitimizing digital assets in the eyes of traditional investors. Since then, Fidelity has slowly expanded its crypto-related offerings, finally allowing individual investors to access Bitcoin and Ethereum directly through their brokerage accounts.
Chapter 2: Can You Buy Crypto on Fidelity?
Individual Access Through Fidelity Crypto
Yes, Fidelity now allows individual retail investors to buy Bitcoin and Ethereum through its dedicated platform, Fidelity Crypto, which is available in a growing number of U.S. states. The service is built for long-term investors who are looking to gain exposure to digital assets as part of a diversified portfolio.
Key Features of Fidelity Crypto
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Supported assets: Bitcoin (BTC) and Ethereum (ETH)
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Minimum investment: As low as $1
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No commissions: Fidelity does not charge commissions but earns through a 1% spread
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Custody: Assets are held by Fidelity Digital Assets
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Security: Institutional-grade cold storage and cybersecurity protocols
Fidelity does not yet support altcoins, staking, or advanced trading tools, keeping its platform streamlined for beginner and intermediate investors.
Would you like me to continue with the full article? Upcoming sections will include:
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How to Buy Crypto Through Fidelity: Step-by-Step
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Pros and Cons of Using Fidelity for Crypto
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Fidelity vs Coinbase vs Robinhood: Platform Comparison
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Tax Implications and Regulatory Considerations
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Long-Term Strategy: Should You Hold Crypto in a Fidelity IRA?
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Conclusion: Is Fidelity a Safe and Smart Choice for Crypto Investors?