Fidelity Crypto quietly went live, giving millions of retail customers access to bitcoin, ether

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Fidelity Investment's crypto arm, Fidelity Digital Assets, launched commission-free trading on the two largest assets by market cap in crypto to all users (old and new) recently.

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Bitcoin up 15% since this tweet

RealFlokiInu $FLOKI

Access yes utility, not hardly. Can buy BTC or ETH and stash it in a Fidelity controlled account. No way to transfer in and out of the account. Much to Fidelity surprise I am sure. the whole basis of crypto is using it for transactions. It's not a bond to buy & stash

Interesting timing.. maybe to distract from all the bank failures?

No, thanks.

Without the ability to withdraw to your own custody/wallet. Fidelity is not offering Bitcoin. They are offering a paper promise.

RealFlokiInu Floki

Wowza

How's the reviews ? Anyone

SHIB

Smart move! Leveraging opportunities created by banks' chaos/crisis.

We’re a couple years away from every major bank offering eth and btc accounts to its customers. The market and the competitive environment will dictate it. USD, EUR, ETC, BTC showing in your current accounts is how it will look. Imho.

bold. love it. choke that.

Not your Keys, Not your Coins… Self-custody it’s the only way.

Late news bro

holyshit

respect warranted...proper nouns deserve capital letters 'Bitcoin' 'Ether'

is there a chance they are forced to rescind this year?

Now, that's a thing!

If I could by BTC and ETH through my 401k money that would be sweet

Are we thinking of partnership 🤔. Good way to go

ummm wdmorgan2

If you can’t self custody, it’s not real Bitcoin. You would be foolish to give Fidelity your money is exchange for a Bitcoin IOU. Buy from a Bitcoin only company and take custody of your assets. Eliminate counter party risks. Be your own bank.

Not 'live' for me 🤷‍♂️

Hope there will be a way to verify they have the bitcoin. No more paper 🌽

Fullbeerbottle Give us the ability to self-custody Fidelity

Of course they have. Scare retail with the crypto is evil narrative so they can accumulate and then change the narrative to suit themselves in due course when they are better positioned to profit. Crypto is here to stay. Wider adoption and the building blocks are being laid daily

Cc: FDICgov federalreserve USOCC

🥰 Timing!

AdrianoFeria We've made it!

They could have just downloaded Robinhood and had access to an on and off ramp.

It looks like the idea that the current 'crackdown' on crypto was really about opening space to TradFi to steal business from fintech.

i've heard this news like 6 times before

jgarzik not available in Ohio yet.

tztokchad

we have going to accept crypto and king memecoin floki for ever country in word

For an industry that seems to be against crypto there doesn't seem to be very many players leaving the space No one wants to miss out on the potentially most disruptive and asymmetric bet of our lifetime

_FabianHD 😂😂 Makes one think this isn't a coincidence

Collecting up to a 1% spread is way worse than commissions. No?

*Paper Bitcoin (just sayin')

Moving my funds.

Rager Oh?

oh

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jgarzik 🐼🔥💣💎

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