Investment giant Fidelity has made a major move into the beleaguered cryptocurrency market, with the launch of their new retail crypto trading accounts. This move allows certain users to purchase and sell Bitcoin on the Fidelity platform. This is a major development for the cryptocurrency market, as Fidelity is one of the largest and most reputable financial firms in the world.
The launch of these accounts is a major step forward for Fidelity, who has been exploring the cryptocurrency market for years now. In 2018, the firm launched Fidelity Digital Assets, a platform to provide custodial services and institutional trading of digital assets. Now, with the launch of these new accounts, Fidelity is making it easier for individual investors to get involved in the cryptocurrency market.
This development is great news for investors like Ann Telma, who are looking for more control over their Investment. After raising four children, Ann feels she is more than equipped to handle her own Investment. “We like to do our own research,” she says. With the launch of these new accounts, Ann and other investors like her can now access the cryptocurrency market with the trust and security of a major financial firm.