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How to Buy Crypto on Fidelity: Step-by-Step Guide

Learn how to buy crypto on Fidelity, understand the latest industry trends, and discover secure alternatives for digital asset investment. This guide covers everything beginners need to know, with ...
2025-11-11 09:15:00
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As cryptocurrency adoption accelerates, many investors are asking how to buy crypto on Fidelity and what options are available for digital asset exposure. This guide explains the process, highlights recent industry trends, and offers practical advice for those looking to enter the crypto market securely and efficiently.

Understanding Fidelity’s Crypto Offerings and Industry Context

Fidelity, a major player in traditional finance, has gradually expanded its crypto services in response to growing demand. As of June 2024, Fidelity offers access to Bitcoin and Ethereum through its Fidelity Crypto platform, allowing eligible U.S. users to buy, sell, and hold select cryptocurrencies. However, direct crypto trading is not available on all Fidelity accounts, and the platform currently supports a limited range of digital assets.

According to a recent report from JPMorgan dated November 6, 2025, institutional adoption of Bitcoin is surging, with spot Bitcoin ETFs driving significant inflows. This trend is reflected in Fidelity’s involvement in BTC ETFs, making it easier for mainstream investors to gain exposure to crypto without directly holding coins. The report highlights that Bitcoin’s price could reach $170,000 within 6 to 12 months, fueled by ETF momentum and increased institutional participation (Source: JPMorgan).

How to Buy Crypto on Fidelity: Step-by-Step Process

For those wondering how to buy crypto on Fidelity, the process is straightforward for eligible users:

  • Open a Fidelity Brokerage Account: Ensure your account is active and eligible for crypto trading. Not all account types support this feature.
  • Access Fidelity Crypto: Log in to your account and navigate to the Fidelity Crypto section. Here, you can view supported assets and current market prices.
  • Fund Your Account: Deposit USD into your brokerage account. Fidelity does not currently support crypto deposits or withdrawals; all transactions are settled in USD.
  • Place a Trade: Select the cryptocurrency you wish to buy (such as Bitcoin or Ethereum), enter the amount, and review the transaction details. Confirm your purchase to complete the trade.
  • Monitor and Manage: Track your holdings within the Fidelity dashboard. Note that, as of now, you cannot transfer crypto out of Fidelity to an external wallet.

It’s important to note that Fidelity’s crypto services are designed for simplicity and regulatory compliance, but they may not offer the full flexibility of dedicated crypto exchanges or wallets.

Key Considerations, Risks, and Secure Alternatives

While learning how to buy crypto on Fidelity is a great starting point, investors should be aware of several important factors:

  • Asset Custody: Fidelity holds your crypto in custody; you do not receive private keys or on-chain access. This limits your ability to use crypto for decentralized finance (DeFi) or transfers.
  • Supported Assets: Only a few cryptocurrencies are available. If you want to explore a broader range of tokens, consider using a secure Web3 wallet like Bitget Wallet, which offers access to thousands of assets and decentralized applications.
  • Fees and Spreads: Review Fidelity’s fee structure before trading. While transparent, spreads and transaction costs may differ from those on specialized crypto platforms.
  • Security and Regulation: Fidelity is a regulated broker, offering strong investor protections. However, always use two-factor authentication and monitor your account for unusual activity.

For users seeking more control and flexibility, Bitget provides a robust alternative. With Bitget Exchange, you can trade a wide variety of cryptocurrencies, access advanced trading tools, and securely manage your assets. Bitget Wallet further enhances your experience by enabling self-custody and seamless interaction with DeFi protocols.

Recent Market Developments and Institutional Adoption

Institutional interest in crypto continues to grow. As highlighted by JPMorgan’s recent analysis, ETF inflows are reshaping the market, with Bitcoin’s mainstream acceptance reaching new heights. Fidelity’s participation in the ETF space underscores the shift in investor attitudes, positioning crypto as a viable asset class alongside traditional investments.

On-chain data shows increasing wallet creation and transaction volumes, reflecting heightened retail and institutional engagement. As of June 2024, Bitcoin’s daily trading volume consistently exceeds $30 billion, and the number of active wallets has reached record highs (Source: Chainalysis).

Common Misconceptions and Practical Tips

Many beginners believe that buying crypto on Fidelity is the same as owning coins in a personal wallet. In reality, Fidelity’s model is custodial, meaning you rely on the platform for storage and access. For those prioritizing self-custody, transferring assets to a secure wallet like Bitget Wallet is recommended once such features become available.

Additionally, some users expect instant access to all crypto features, such as staking or DeFi. These are not currently supported on Fidelity. Always research platform capabilities and security measures before investing.

Explore More Secure and Flexible Crypto Solutions

Understanding how to buy crypto on Fidelity is a valuable first step, but exploring advanced options can enhance your investment journey. Bitget Exchange and Bitget Wallet offer greater asset variety, self-custody, and access to the broader Web3 ecosystem. Stay informed about market trends, institutional adoption, and regulatory updates to make confident decisions in the evolving crypto landscape.

Ready to take your crypto experience further? Discover the benefits of Bitget’s secure trading platform and wallet solutions today.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.
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