Fidelity opened crypto trading accounts after creating a waiting list.
The investment company said in an email to its users that “the wait is over” and that a Fidelity brokerage account is required to fund the Fidelity Crypto account.
Fidelity Launches Crypto Trading
After opening Fidelity Crypto accounts, users will be able to trade Bitcoin and ETH without commission.
Users trying to open an account are greeted with the following warning:
“Investing, buying and selling digital assets, investing in them presents various risks”
In addition, the warning reminded that “digital assets can fluctuate rapidly and materially”.
Fidelity is well ahead of its competitors in adopting digital assets. However, the company has also received some backlash for its relationship with crypto. Last week, three US senators pointed out that the industry is getting more and more chaotic, demanding that the company review its Bitcoin retirement plan.
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