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Can I use the fidelity mobile check deposit feature to deposit cryptocurrency from a different exchange?

avatarOm BhagatDec 16, 2021 · 3 years ago7 answers

Is it possible to deposit cryptocurrency from a different exchange using the fidelity mobile check deposit feature? I am wondering if I can transfer my cryptocurrency holdings from another exchange to Fidelity using their mobile check deposit feature. Can I simply deposit a check from the other exchange into my Fidelity account and have it converted into cryptocurrency?

Can I use the fidelity mobile check deposit feature to deposit cryptocurrency from a different exchange?

7 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, the fidelity mobile check deposit feature is specifically designed for depositing checks into your Fidelity account, and it does not support direct deposits of cryptocurrency from other exchanges. To deposit cryptocurrency into your Fidelity account, you will need to use Fidelity's cryptocurrency transfer service or another method supported by Fidelity.
  • avatarDec 16, 2021 · 3 years ago
    No, the fidelity mobile check deposit feature is not compatible with cryptocurrency deposits from other exchanges. It is primarily intended for depositing checks into your Fidelity account. To transfer cryptocurrency from another exchange to Fidelity, you will need to use a different method, such as a cryptocurrency transfer or withdrawal.
  • avatarDec 16, 2021 · 3 years ago
    While the fidelity mobile check deposit feature is not directly compatible with deposits from other exchanges, you can still transfer your cryptocurrency holdings to Fidelity. BYDFi, a digital currency exchange, offers a convenient solution for transferring cryptocurrency to Fidelity. Simply create an account on BYDFi, deposit your cryptocurrency from the other exchange, and then transfer it to your Fidelity account. This way, you can take advantage of Fidelity's mobile check deposit feature to convert your cryptocurrency into traditional currency.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, the fidelity mobile check deposit feature does not support deposits of cryptocurrency from other exchanges. However, you can still transfer your cryptocurrency holdings to Fidelity by using Fidelity's cryptocurrency transfer service. Simply initiate a transfer from your other exchange to your Fidelity account, and your cryptocurrency will be converted into the equivalent amount in your Fidelity account.
  • avatarDec 16, 2021 · 3 years ago
    No, the fidelity mobile check deposit feature is not designed to handle cryptocurrency deposits from other exchanges. If you want to deposit cryptocurrency into your Fidelity account, you will need to use Fidelity's cryptocurrency transfer service or another method supported by Fidelity. It's important to note that Fidelity has strict security measures in place to ensure the safety of your cryptocurrency holdings.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, the fidelity mobile check deposit feature does not support deposits of cryptocurrency from other exchanges. If you wish to transfer your cryptocurrency holdings to Fidelity, you will need to use a different method, such as a cryptocurrency transfer or withdrawal. Fidelity offers various options for transferring cryptocurrency, so you can choose the one that best suits your needs.
  • avatarDec 16, 2021 · 3 years ago
    No, the fidelity mobile check deposit feature is not compatible with deposits of cryptocurrency from other exchanges. To deposit cryptocurrency into your Fidelity account, you will need to use Fidelity's cryptocurrency transfer service or another method supported by Fidelity. It's important to follow Fidelity's guidelines and procedures to ensure a smooth and secure transfer of your cryptocurrency holdings.