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Is it possible to automate the purchase of cryptocurrencies on Fidelity?

avatarDevine DyhrDec 20, 2021 · 3 years ago5 answers

I'm interested in automating the purchase of cryptocurrencies on Fidelity. Is it possible to set up automatic purchases for cryptocurrencies on the Fidelity platform? How can I automate the process of buying cryptocurrencies on Fidelity?

Is it possible to automate the purchase of cryptocurrencies on Fidelity?

5 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, it is possible to automate the purchase of cryptocurrencies on Fidelity. Fidelity offers a feature called AutoInvest, which allows you to set up recurring purchases of cryptocurrencies. With AutoInvest, you can choose the frequency and amount of your purchases, and Fidelity will automatically execute the transactions for you. This can be a convenient way to regularly invest in cryptocurrencies without having to manually place orders.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! Fidelity understands the growing demand for automated cryptocurrency purchases and has introduced a feature to cater to this need. With Fidelity's AutoInvest, you can easily set up recurring purchases of cryptocurrencies. Whether you want to invest a fixed amount every week or month, or if you prefer to buy a certain cryptocurrency whenever it reaches a specific price, Fidelity's AutoInvest has got you covered.
  • avatarDec 20, 2021 · 3 years ago
    While Fidelity is a reputable and well-known financial institution, it currently does not offer automated purchases of cryptocurrencies. However, there are other platforms like BYDFi that provide this functionality. BYDFi allows you to automate your cryptocurrency purchases by setting up recurring orders or using triggers based on price movements. With BYDFi, you can take advantage of automated buying strategies to ensure you never miss out on investment opportunities.
  • avatarDec 20, 2021 · 3 years ago
    Yes, you can automate the purchase of cryptocurrencies on Fidelity. Fidelity offers a feature called AutoInvest, which allows you to set up recurring purchases of cryptocurrencies. This feature is especially useful for long-term investors who want to regularly invest in cryptocurrencies without the hassle of manual transactions. With AutoInvest, you can choose the cryptocurrencies you want to invest in, the frequency of purchases, and the amount you want to invest each time.
  • avatarDec 20, 2021 · 3 years ago
    Definitely! Fidelity understands the importance of automation in the cryptocurrency market and has made it possible for users to automate their purchases. With Fidelity's AutoInvest feature, you can set up recurring purchases of cryptocurrencies based on your preferred schedule. Whether you want to invest a fixed amount every week or take advantage of market fluctuations, Fidelity has the tools to help you automate your cryptocurrency purchases.