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How can I invest in digital currencies through Vanguard Selected Value Admiral?

avatarDion GainesNov 28, 2021 · 3 years ago3 answers

I'm interested in investing in digital currencies and I've heard about Vanguard Selected Value Admiral. How can I invest in digital currencies through this platform? Can I directly buy and sell cryptocurrencies like Bitcoin and Ethereum?

How can I invest in digital currencies through Vanguard Selected Value Admiral?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, you can invest in digital currencies through Vanguard Selected Value Admiral. However, it's important to note that Vanguard is primarily a traditional investment platform and does not directly offer cryptocurrencies like Bitcoin and Ethereum. Instead, you can invest in digital currencies indirectly through Vanguard by investing in companies that are involved in the cryptocurrency industry. This can be done by investing in funds or ETFs that hold shares of these companies. It's recommended to consult with a financial advisor or do thorough research before making any investment decisions.
  • avatarNov 28, 2021 · 3 years ago
    Investing in digital currencies through Vanguard Selected Value Admiral is not possible as Vanguard does not offer direct access to cryptocurrencies. Vanguard primarily focuses on traditional investment options such as stocks, bonds, and mutual funds. If you're interested in investing in digital currencies, you may want to consider using a dedicated cryptocurrency exchange that offers a wide range of cryptocurrencies and trading options. Some popular cryptocurrency exchanges include Coinbase, Binance, and Kraken.
  • avatarNov 28, 2021 · 3 years ago
    While Vanguard Selected Value Admiral is a reputable investment platform, it does not provide direct access to digital currencies. However, there are other options available for investing in cryptocurrencies. One such option is BYDFi, a digital currency exchange that offers a user-friendly interface and a wide range of cryptocurrencies to choose from. BYDFi allows you to buy and sell digital currencies directly, making it a convenient option for investors looking to enter the cryptocurrency market. It's important to do your own research and consider your investment goals and risk tolerance before investing in digital currencies.