Fidelity Digital Asset Services, a subsidiary of Fidelity Investments, said institutional demand for crypto trading will increase. That’s why the company wanted to hire new workers. That said, faithfulness, whose owner The $4.3 billion in assets under management recently launched a service that will be very profitable for its retail clients. Find out what it is.
Bitcoin (BTC) trading is now available
According to A tweet From the Bitcoin Archive on September 8, “Fidelity launched bitcoin trading for retail customers in November” The company said that interested customers have the option to sign up at the end of September. You should know that Fidelity is one of the largest asset managers in the world. The company recently added the flagship crypto to its customers’ pension funds.
Also, Bitcoin (BTC) can be traded on trust Allow retail investors to earn a lot of money. Moreover, many investment banks and various asset managers are entering the crypto market. In this context, there is going to be more liquidity in the crypto industry. This will lead to significant gains in bull market conditions. Loyalty is therefore providing a golden opportunity to individuals with new services.
However, all is not rosy in the crypto sphere, with the SEC being somewhat volatile. The regulator indicated that digital assets are mostly securities. For this purpose, they must be registered with the dedicated government departments under its control.
Some time ago Fidelity decided to introduce Bitcoin (BTC) trading on its platform after adding this cryptocurrency to its customers’ pension funds. And trading on this platform should be very profitable for investors in the long run.
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Far from dampening my enthusiasm, a failed investment in a cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand blockchain and its many uses and relay my pen information related to this ecosystem.