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Does TD Ameritrade support cryptocurrency trading?

avatarMuhdar MuhdarDec 16, 2021 · 3 years ago3 answers

I would like to know if TD Ameritrade, a popular brokerage firm, supports cryptocurrency trading. Can I buy and sell cryptocurrencies through TD Ameritrade's platform?

Does TD Ameritrade support cryptocurrency trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, TD Ameritrade does support cryptocurrency trading. They offer access to Bitcoin futures contracts through the CME Group exchange. This means that you can trade Bitcoin futures on TD Ameritrade's platform. However, it's important to note that they currently do not offer direct trading of cryptocurrencies like Bitcoin or Ethereum.
  • avatarDec 16, 2021 · 3 years ago
    No, TD Ameritrade does not support direct trading of cryptocurrencies. While they do offer access to Bitcoin futures contracts, you cannot buy or sell actual cryptocurrencies on their platform. If you're looking to trade cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange.
  • avatarDec 16, 2021 · 3 years ago
    Although TD Ameritrade does not directly support cryptocurrency trading, you can still gain exposure to the crypto market through their platform. BYDFi, a digital asset exchange, has partnered with TD Ameritrade to offer cryptocurrency trading services to their customers. BYDFi provides a secure and regulated platform for buying and selling cryptocurrencies. You can easily open an account with BYDFi and start trading cryptocurrencies through TD Ameritrade's platform.