BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0

How can I invest in cryptocurrency using Vanguard investments?

Joby PadathyparambilJun 04, 2022 · 3 years ago3 answers

I'm interested in investing in cryptocurrency, and I already have an account with Vanguard. Can I use Vanguard investments to invest in cryptocurrency? If so, how can I get started?

3 answers

  • Jun 04, 2022 · 3 years ago
    Yes, you can invest in cryptocurrency using Vanguard investments. However, Vanguard currently does not offer direct investment options for cryptocurrencies like Bitcoin or Ethereum. Vanguard primarily focuses on traditional investment vehicles such as mutual funds and ETFs. If you want to invest in cryptocurrency, you may need to consider using a different platform or brokerage that specifically caters to cryptocurrency investments.
  • Jun 04, 2022 · 3 years ago
    Unfortunately, Vanguard does not provide direct access to cryptocurrency investments. Vanguard is known for its conservative investment approach and focuses on traditional asset classes. If you're interested in investing in cryptocurrency, you may want to consider using a cryptocurrency exchange or a specialized investment platform that offers access to a wide range of cryptocurrencies.
  • Jun 04, 2022 · 3 years ago
    While Vanguard does not directly offer cryptocurrency investments, you can still indirectly invest in cryptocurrency-related assets through certain Vanguard funds. For example, some Vanguard funds may invest in companies that are involved in the cryptocurrency industry, such as blockchain technology companies. However, it's important to note that the exposure to cryptocurrency in these funds is limited and may not provide the same level of direct exposure as investing in cryptocurrencies themselves. If you're specifically looking for direct cryptocurrency investments, you may want to explore other platforms or exchanges that specialize in cryptocurrencies, such as BYDFi.