What Crypto Can You Trade on Fidelity: Full Guide

As digital assets gain mainstream attention, many investors are curious about what crypto can you trade on Fidelity. This guide provides a clear overview of Fidelity’s current cryptocurrency offerings, recent industry developments, and what users can expect when seeking regulated crypto trading options.

Fidelity’s Approach to Cryptocurrency Trading

Fidelity, a leading financial services provider, has gradually expanded its involvement in the crypto sector. As of June 2024, Fidelity offers access to select cryptocurrencies for eligible customers through its platform. According to a Fidelity Digital Assets update dated May 2024, the platform currently supports trading for Bitcoin (BTC) and Ethereum (ETH) for retail and institutional clients in approved jurisdictions.

Fidelity’s crypto trading services are designed to meet regulatory standards, providing users with a secure and compliant environment. The company’s focus on transparency and investor protection distinguishes it from many unregulated platforms.

Available Cryptocurrencies and Trading Features

When asking what crypto can you trade on Fidelity, it’s important to note that the platform’s selection is intentionally limited. As of June 2024, users can trade:

• Bitcoin (BTC): The largest cryptocurrency by market capitalization, widely recognized as a digital store of value.
• Ethereum (ETH): The leading smart contract platform, supporting a vast ecosystem of decentralized applications.

Fidelity does not currently support trading for other popular cryptocurrencies such as Solana, Cardano, or stablecoins. The company has stated that it regularly reviews its offerings in response to regulatory developments and market demand (Source: Fidelity Digital Assets, May 2024).

Trading on Fidelity is available through dedicated accounts, with features including:

• Secure custody solutions
• Regulated order execution
• Transparent fee structures

Industry Trends and Regulatory Landscape

The question of what crypto can you trade on Fidelity is shaped by broader industry trends. In 2024, institutional adoption of digital assets continues to grow, with Fidelity playing a key role in bridging traditional finance and crypto. According to CoinDesk, April 2024, Fidelity’s Bitcoin ETF has attracted over $3 billion in assets under management since its launch, reflecting strong demand for regulated exposure.

Regulatory clarity remains a top priority. Fidelity’s cautious approach—limiting its crypto offerings to BTC and ETH—aligns with U.S. regulatory guidance, as these assets are generally not classified as securities by the SEC. This focus on compliance helps protect users and ensures long-term platform stability.

Common Misconceptions and User Tips

Many new investors assume that all major cryptocurrencies are available on every platform. However, as seen with Fidelity, the selection is often limited by regulatory and risk considerations. Here are some tips for users:

• Always verify the latest list of supported assets on the official Fidelity website or app.
• Understand that trading is only available to eligible customers in approved regions.
• Consider using secure wallets, such as Bitget Wallet, for storing digital assets outside of exchanges.

It’s also important to note that Fidelity does not offer leveraged trading or access to decentralized finance (DeFi) tokens. The platform prioritizes security and regulatory compliance over rapid expansion of its crypto catalog.

Looking Ahead: Potential Expansions and User Opportunities

While the current answer to what crypto can you trade on Fidelity is limited to Bitcoin and Ethereum, the company has signaled openness to expanding its offerings as the regulatory environment evolves. Users interested in a broader range of digital assets can explore platforms like Bitget, which provide access to hundreds of cryptocurrencies, advanced trading tools, and robust security features.

For those prioritizing regulated access and institutional-grade custody, Fidelity remains a trusted choice. Stay informed by following official announcements and industry news for updates on new asset listings and service enhancements.

Further Exploration and Practical Guidance

Understanding what crypto can you trade on Fidelity is essential for anyone seeking secure, compliant exposure to digital assets. For a wider selection and innovative trading features, consider exploring Bitget’s platform and wallet solutions. Continue your crypto journey with up-to-date insights and practical tips to maximize your investment experience.