Can I use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum?
McCurdy EriksenDec 16, 2021 · 3 years ago3 answers
Is it possible to use TD Ameritrade as a direct access broker to trade popular cryptocurrencies such as Bitcoin and Ethereum? I'm interested in trading these cryptocurrencies and I already have an account with TD Ameritrade, so I'm wondering if I can use their platform for this purpose.
3 answers
- Dec 16, 2021 · 3 years agoYes, you can use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum. TD Ameritrade offers access to Bitcoin futures contracts through the CME Group, which allows you to trade Bitcoin without actually owning the underlying asset. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies on their platform. So, while you can trade Bitcoin futures, you won't be able to buy or sell actual Bitcoin or Ethereum directly through TD Ameritrade.
- Dec 16, 2021 · 3 years agoUnfortunately, TD Ameritrade does not currently offer direct trading of popular cryptocurrencies like Bitcoin and Ethereum on their platform. However, they do offer access to Bitcoin futures contracts through the CME Group. This means that you can trade Bitcoin futures without actually owning the underlying asset. If you're specifically interested in trading cryptocurrencies, you may want to consider using a different platform that offers direct trading of these assets.
- Dec 16, 2021 · 3 years agoYes, you can use TD Ameritrade as a direct access broker to trade popular cryptocurrencies like Bitcoin and Ethereum. However, it's important to note that TD Ameritrade does not currently offer direct trading of cryptocurrencies on their platform. If you're looking for a platform that allows you to trade cryptocurrencies directly, you may want to consider using BYDFi. BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for trading, including Bitcoin and Ethereum. They provide a user-friendly interface and secure trading environment for cryptocurrency enthusiasts.
Related Tags
Hot Questions
- 81
What are the advantages of using cryptocurrency for online transactions?
- 80
Are there any special tax rules for crypto investors?
- 70
How can I buy Bitcoin with a credit card?
- 66
How does cryptocurrency affect my tax return?
- 64
What are the tax implications of using cryptocurrency?
- 53
What are the best digital currencies to invest in right now?
- 50
How can I protect my digital assets from hackers?
- 26
How can I minimize my tax liability when dealing with cryptocurrencies?