Can I use EFT or wire transfer to deposit funds into my Fidelity account for purchasing cryptocurrencies?

3 answers

• Ganesh ReddyNov 27, 2022 · 3 years ago
  Yes, you can use EFT or wire transfer to deposit funds into your Fidelity account for purchasing cryptocurrencies. Fidelity allows you to link your bank account and transfer funds electronically. Simply follow the instructions provided by Fidelity to set up the transfer and ensure that you have sufficient funds in your bank account. Once the transfer is complete, you can use the deposited funds to invest in cryptocurrencies through your Fidelity account.
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• Aman WAIRAGKARMay 26, 2025 · 19 days ago
  Absolutely! Fidelity offers the option to deposit funds into your account using EFT or wire transfer. This provides a convenient way to fund your account for purchasing cryptocurrencies. Just make sure you have the necessary information for the transfer, such as your Fidelity account number and the bank details for the EFT or wire transfer. Once the funds are deposited, you can start investing in cryptocurrencies through your Fidelity account.
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• qifan zhangAug 28, 2023 · 2 years ago
  Yes, you can use EFT or wire transfer to deposit funds into your Fidelity account for purchasing cryptocurrencies. BYDFi, a popular cryptocurrency exchange, also supports EFT and wire transfer deposits. To initiate the deposit, log in to your Fidelity account and navigate to the funding section. Follow the instructions provided to link your bank account and initiate the transfer. Once the funds are in your Fidelity account, you can start buying cryptocurrencies. Remember to do your research and consider the risks involved in cryptocurrency investments.
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