The crypto arm of Fidelity Investments has opened access to the Fidelity Crypto service for trading digital assets. The Block reports this: The Block.
Retail clients will be able to trade Bitcoin and Ethereum directly via the platform without commissions. The spread will not exceed 1%.
Earlier access to the service was restricted by a waiting list. To use the trading platform, new users must create a Fidelity Brokerage account.
Going forward the list of available cryptocurrencies will be expanded.
Fidelity released its product into open access without an official announcement. According to people familiar with the matter, the platform’s full rollout occurred over the course of a few weeks.
Last November, U.S. senators urged the investment giant to reconsider including Bitcoin in retirement accounts.
As noted in late 2022, Fidelity Investments подала three trademark applications related to metaverses, NFTs, digital real estate and crypto-trading.