Fidelity, Managing $10 Trillion Assets, Launches Anticipated Cryptocurrency Service

Fidelity Investments, one of the world’s largest investment institutions, has launched Bitcoin (BTC) and Ethereum (ETH) trading for its individual clients.

Fidelity Investments launched crypto services to attract retail investors and offer diversity. Thanks to its new formation called Fidelity Crypto, the company offers its investors commission-free bitcoin and ETH It offers trading opportunities. It was also stated that investors needed a Fidelity brokerage account for this service, which was announced as “the wait is over”.

On the screen where users open the account and log in, the “”Investing, buying and selling digital assets presents a variety of risks that are not presented by investing, buying and selling products in other traditional asset classes” caught attention.

This retail-focused product is an enterprise-focused “Fidelity Digital AssetsSupported by the ” unit. Although no commission will be charged from users 1% profit rate on the execution price of each transaction specified will be added.

Fidelity has been quicker to adopt digital assets than any other large traditional investment firm. In addition to these commission-free trading opportunities, the company in Canada a Bitcoin exchange-traded fund, in the USA multiple crypto and metaverse related to ETF offers the opportunity.

on the other hand Managing a $10 trillion volume The involvement of this company in cryptocurrencies also led to the reaction of the authorities. Last week, three U.S. senators said the industry was increasingly “variable, turbulent and chaotic”, stating that it has become retirement plan the decision to allow its participants to invest in Bitcoin to reconsider wanted.

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