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How can I prevent fidelity from selling my cryptocurrency without my consent?

avatarBikitsosDec 19, 2021 · 3 years ago3 answers

I recently discovered that fidelity has been selling my cryptocurrency without my permission. How can I stop this from happening?

How can I prevent fidelity from selling my cryptocurrency without my consent?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    To prevent fidelity from selling your cryptocurrency without your consent, you should first review the terms and conditions of your account with fidelity. Look for any clauses or provisions that may give them the authority to sell your cryptocurrency without your permission. If you find any such clauses, consider reaching out to fidelity's customer support to clarify the situation and request that they disable this feature. Additionally, you can enable two-factor authentication on your fidelity account to add an extra layer of security and prevent unauthorized access. Regularly monitoring your account activity and setting up alerts for any suspicious transactions can also help you stay informed and take immediate action if any unauthorized selling occurs.
  • avatarDec 19, 2021 · 3 years ago
    Hey there! It's unfortunate to hear that fidelity has been selling your cryptocurrency without your consent. To prevent this from happening, you can take a few steps. Firstly, make sure to regularly check your fidelity account for any unauthorized transactions. If you notice any suspicious activity, contact fidelity's customer support immediately and report the issue. They should be able to investigate the matter and take appropriate action. Secondly, consider using a hardware wallet to store your cryptocurrency. This way, you have full control over your funds and can prevent any unauthorized selling. Lastly, stay informed about the latest security practices and keep your account credentials secure to minimize the risk of unauthorized access.
  • avatarDec 19, 2021 · 3 years ago
    As an expert in the field, I understand your concern about fidelity selling your cryptocurrency without your consent. To prevent this, you can take the following steps. Firstly, review fidelity's terms and conditions to understand their policies regarding the selling of cryptocurrency. If you find any clauses that allow them to sell your cryptocurrency without your permission, consider switching to a different exchange that respects your consent. Secondly, enable additional security measures such as two-factor authentication and biometric authentication if available. These measures can help prevent unauthorized access to your account. Lastly, regularly monitor your account activity and set up alerts for any transactions involving the selling of your cryptocurrency. By staying vigilant, you can quickly identify any unauthorized selling and take appropriate action.