Trading basics
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Where is Fidelity Crypto® trading supported?
Fidelity Crypto® is supported on both Android and iOS versions of the Fidelity Investments® app and on the web at Fidelity.com.
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What cryptocurrencies can I trade in Fidelity Crypto® accounts?
You can trade bitcoin, ethereum, and litecoin in Fidelity Crypto® accounts.
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What are the fees for trading in Fidelity Crypto® accounts?
Your Fidelity Crypto® trades are commission free. A spread of 1% will be included in every trade execution price. A spread is the difference between your execution price and the price at which Fidelity Digital Assets℠ buys or sells digital assets to fill your order. Fidelity Digital Assets℠ will not separately calculate and disclose spread earned on the trade confirmation screen.
If you have an account through Fidelity Crypto® for Wealth Managers, please see your customer agreement for the applicable spread and contact your advisor or intermediary for details on other fees that apply to your Fidelity Crypto® for Wealth Managers account. Please refer to the Fidelity Crypto® for Wealth Managers Customer Agreement. You can find it in the Fidelity Crypto Agreements & Disclosures in your account profile on the Fidelity Investments® app and at the bottom of the account page on Fidelity.com.
Fees are subject to change.
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What are the trading hours for Fidelity Crypto®?
Trading in Fidelity Crypto® accounts is available 23 hours a day, from 1 a.m. ET until midnight. Periodically, a scheduled maintenance event may keep trading unavailable until 4 a.m. ET.
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How does scheduled maintenance affect my Fidelity Crypto® accounts?
When maintenance is scheduled for Fidelity Crypto® accounts, crypto trading is unavailable from midnight to 4 a.m. ET. Account information might be unavailable during the maintenance period.
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What order types are available in Fidelity Crypto® accounts?
The Fidelity Crypto® account supports market and limit orders.
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What’s the minimum trade order size in Fidelity Crypto® accounts?
Fidelity Crypto® supports trade sizes as low as $1.
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What's the maximum trade order size in Fidelity Crypto® accounts?
Fidelity Crypto® supports trade sizes up to $2,000,000 for bitcoin and ethereum and up to $1,000,000 for litecoin.
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How do market orders execute in Fidelity Crypto® accounts?
A Fidelity Crypto® market order executes a buy or sell order at the next price available to Fidelity Digital Assets℠.
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How do limit orders execute in Fidelity Crypto® accounts?
A limit order sets the maximum price at which you’re willing to buy or the minimum price at which you’re willing to sell. A limit order targets a price but does not guarantee an execution. Your crypto limit order executes when Fidelity Digital Assets℠ can buy or sell at the price you selected, which includes a 1% spread.
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When do limit orders expire in Fidelity Crypto® accounts?
In Fidelity Crypto® accounts, limit orders are good for the day and expire at midnight (12 a.m. ET).
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What are the third-party liquidity providers for Fidelity Crypto®?
Fidelity Digital Assets℠ maintains a network of vetted and approved third-party liquidity providers. External trading counterparties go through an extensive onboarding and risk management approval process.
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What exchanges does Fidelity Digital Assets℠ use for crypto trading?
Fidelity Digital Assets℠ doesn't share the names of its liquidity providers, for legal reasons. As the provider of custody and trade execution services for Fidelity Crypto®, Fidelity Digital Assets℠ can confirm that customer assets are always kept within its proprietary custody solution and are never custodied on any exchange.
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Can I trade crypto in my Fidelity Brokerage Services account?
You must have a Fidelity Crypto® account, which is offered by Fidelity Digital Assets℠, to buy and sell crypto directly. In Fidelity Brokerage Services accounts, exchange-traded products let investors participate in crypto markets without directly buying or selling crypto. Learn more about crypto ETFs.
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Can I buy spot or futures crypto in Fidelity Crypto® accounts?
Fidelity Crypto® accounts allow you to buy spot cryptocurrencies. Futures are not offered.
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Can I buy Fidelity® Wise Origin® Bitcoin Fund (FBTC) through Fidelity Crypto®?
You can’t buy the Fidelity® Wise Origin® Bitcoin Fund (FBTC) through a Fidelity Crypto® account. Fidelity Crypto® accounts offered by Fidelity Digital Assets℠ allow investors to directly buy, sell, and secure cryptocurrencies like bitcoin or ethereum. FBTC is an exchange-traded product offered by Fidelity Brokerage Services that seeks to track the performance of bitcoin. Investors can purchase FBTC through multiple account types, including brokerage, trust, and tax-advantaged accounts. Learn more about FBTC. FBTC is for investors with a high risk tolerance and invests in a single asset, bitcoin, which is highly volatile and can become illiquid at any time. View the prospectus.
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Can I buy Fidelity Ethereum Fund (FETH) through Fidelity Crypto®?
You can’t buy the Fidelity Ethereum Fund (FETH) through a Fidelity Crypto® account. Fidelity Crypto® accounts offered by Fidelity Digital Assets℠ allow investors to directly buy, sell, and secure cryptocurrencies like bitcoin or ethereum. FETH is an exchange-traded product offered by Fidelity Brokerage Services that seeks to track the performance of ether (also called ethereum). Investors can purchase FETH through multiple account types, including brokerage, trust, and tax-advantaged accounts. Learn more about FETH. FETH is for investors with a high risk tolerance and invests in a single asset, ether, which is highly volatile and can become illiquid at any time. View the prospectus.
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Can I add trading authority to my Fidelity Crypto® account?
You can’t add trading authorization to allow another person to trade in your Fidelity Crypto® account. To keep your account secure, you should never share your login information.
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Why can’t I trade in my Fidelity Crypto® for Wealth Managers account?
If you opened your Fidelity Crypto® account through your advisor, you may not have trade authorization, in which case the advisor authorized to manage your accounts would place trades for you. You can still view your account information on Fidelity.com and via the Fidelity Investments® app. If you’re able to trade on other advisor-managed accounts but not in your Fidelity Crypto® account, please contact your financial advisor.
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Does pattern day trading in my funding account affect my Fidelity Crypto® account?
If your funding account is flagged for pattern day trading, this could reduce your cash available to transfer into your Fidelity Crypto® account. There are no day trading limits on cryptocurrencies.
How do I...
Fidelity Crypto® is offered by Fidelity Digital Assets℠.
Investing involves risk, including risk of total loss.
Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities.
Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Asset Services, LLC, which is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business (NMLS ID 1773897).
Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC.
Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.
Fidelity Crypto and Fidelity Digital Assets are service marks of FMR LLC.
Crypto prices and market reference data that Fidelity Digital Asset Services, LLC makes available to you are compiled and aggregated by a third party (Coin Metrics) based on criteria set by Fidelity Digital Asset Services, LLC. Fidelity Digital Asset Services, LLC does not represent, warrant or guarantee that pricing and other market information, or value estimates based on that information, is accurate, complete, timely or suitable for use. Prices of crypto that are displayed to you are for reference only and should not be relied upon as the price for any trade; execution prices for your trades may be different than reference prices and estimates displayed to you. Crypto pricing and other market information may appear and be used with a time delay, and Fidelity Digital Asset Services, LLC will have no liability to you for the decisions you make based on market reference data made available by Fidelity Digital Asset Services, LLC. Coin Metrics is a trademark Coin Metrics Inc. Copyright © Coin Metrics, 2024.
Fidelity Charitable is the brand name for Fidelity Investments® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide services to Fidelity Charitable. The Fidelity Charitable name and logo, and Fidelity are registered service marks of FMR LLC, used by Fidelity Charitable under license.
The third-party trademarks and service marks appearing herein are the property of their respective owners.
The third parties mentioned herein and Fidelity Investments are independent entities and are not legally affiliated.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917