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Which digital currencies are supported for dividend reinvestment on TD Ameritrade?

avatarRicky ANDDec 16, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that are supported for dividend reinvestment on TD Ameritrade? I'm interested in knowing which cryptocurrencies I can reinvest my dividends into on this platform.

Which digital currencies are supported for dividend reinvestment on TD Ameritrade?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    TD Ameritrade currently supports dividend reinvestment for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). This means that if you hold any of these digital currencies on TD Ameritrade, you can choose to automatically reinvest your dividends back into the same cryptocurrency. It's a convenient feature for long-term investors who want to maximize their holdings.
  • avatarDec 16, 2021 · 3 years ago
    Yes, TD Ameritrade allows dividend reinvestment for a select number of digital currencies. The supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). This feature is beneficial for investors who want to compound their earnings and grow their cryptocurrency holdings over time.
  • avatarDec 16, 2021 · 3 years ago
    Dividend reinvestment is a great way to maximize your returns in the cryptocurrency market. TD Ameritrade, a leading brokerage platform, supports dividend reinvestment for a range of digital currencies. Some of the cryptocurrencies that you can reinvest your dividends into on TD Ameritrade include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). This feature allows you to automatically reinvest your dividends back into the same cryptocurrency, helping you grow your investment portfolio.