Can you buy Bitcoin on Scottrade?

Is it possible to purchase Bitcoin on Scottrade? I'm interested in investing in Bitcoin and I'm wondering if Scottrade offers this option. Can I buy Bitcoin directly from Scottrade or do I need to use a different platform?

3 answers
- Unfortunately, Scottrade does not currently offer the option to buy Bitcoin. Scottrade primarily focuses on traditional investment options such as stocks, bonds, and mutual funds. If you're looking to invest in Bitcoin, you may need to consider using a different platform that specializes in cryptocurrency trading.
Mar 12, 2022 · 3 years ago
- No, Scottrade does not support Bitcoin trading. Scottrade is a traditional brokerage firm that primarily deals with stocks, options, and mutual funds. If you're interested in buying Bitcoin, you'll need to use a cryptocurrency exchange or trading platform that supports Bitcoin transactions.
Mar 12, 2022 · 3 years ago
- While Scottrade doesn't directly offer Bitcoin trading, there are other platforms available that allow you to buy and sell Bitcoin. One such platform is BYDFi, a digital currency exchange that supports Bitcoin and other cryptocurrencies. You can sign up for an account on BYDFi and start trading Bitcoin within minutes. Just make sure to do your research and understand the risks associated with cryptocurrency investments.
Mar 12, 2022 · 3 years ago
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