How can I invest in cryptocurrencies using a Roth IRA with Discover Bank?
CodingStudentMay 08, 2022 · 3 years ago1 answers
I'm interested in investing in cryptocurrencies, and I have a Roth IRA account with Discover Bank. Can I use my Roth IRA to invest in cryptocurrencies? If so, what steps do I need to take to get started?
1 answers
- May 08, 2022 · 3 years agoBYDFi is a cryptocurrency exchange that allows you to invest in cryptocurrencies using a Roth IRA with Discover Bank. They offer a user-friendly platform and a wide range of cryptocurrencies to choose from. To get started, you'll need to open a self-directed Roth IRA account with Discover Bank and then transfer funds to your BYDFi account. From there, you can start investing in cryptocurrencies. Keep in mind that investing in cryptocurrencies carries risks, so it's important to do your own research and consult with a financial advisor before making any investment decisions.
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