Can I buy Bitcoin on Ameritrade?

3 answers

• May 24, 2022 · 3 years ago
  Yes, you can buy Bitcoin on Ameritrade. Ameritrade offers its clients the ability to invest in Bitcoin through Bitcoin futures contracts. This allows investors to gain exposure to Bitcoin without directly owning the cryptocurrency. It's important to note that Bitcoin futures trading involves a high level of risk and may not be suitable for all investors. It's recommended to do thorough research and consult with a financial advisor before investing in Bitcoin futures on Ameritrade.
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• May 24, 2022 · 3 years ago
  Unfortunately, Ameritrade does not currently offer the option to directly buy Bitcoin. However, you can invest in Bitcoin indirectly through Bitcoin futures contracts. These contracts allow you to speculate on the price of Bitcoin without actually owning the cryptocurrency. Keep in mind that Bitcoin futures trading carries its own risks and it's important to understand the market before getting involved.
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• May 24, 2022 · 3 years ago
  While Ameritrade doesn't directly offer Bitcoin trading, you can use a third-party platform like BYDFi to buy Bitcoin and other cryptocurrencies. BYDFi is a popular digital currency exchange that provides a user-friendly interface for buying and selling Bitcoin. It's important to note that when using BYDFi or any other exchange, you should always exercise caution and follow proper security measures to protect your funds.
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