Can I Buy Crypto at Fidelity
Points to know:
• Fidelity offers direct trading in three cryptocurrencies: Bitcoin, Ethereum, and Litecoin.
• You can also invest in crypto ETFs with a Fidelity brokerage account.
• Robinhood carries more digital coins than Fidelity.
If you’re looking to get into cryptocurrencies, Fidelity Investments is a decent option. The brokerage has both direct and indirect ways to trade crypto.
Getting Ready for Crypto at Fidelity
Fidelity clients have access to Bitcoin, Litecoin, and Ethereum in crypto brokerage accounts. These are the only coins offered, and note that this is a separate “crypto brokerage account.” To trade digital assets, you must open that distinct crypto account at Fidelity.
Fidelity requires a traditional securities brokerage account as well, which can be opened alongside the crypto account. No matter how it’s arranged, the crypto account can be opened online in just a few steps.
If holding actual coins isn’t necessary for you, Fidelity also provides indirect trading with crypto ETFs. These can be traded in a normal brokerage account, meaning you don’t need the crypto account.
Trading Coins at Fidelity
A good starting point for crypto at Fidelity is the mobile app. Log in and tap the Discover icon in the bottom-right corner. On the Discover page, scroll to the Collections section to locate the Crypto button. Tap it to enter the crypto hub.
In the crypto hub, you’ll see news articles on digital currencies and a watchlist preloaded with two of Fidelity’s cryptos: Bitcoin and Ethereum. Although Litecoin is also offered, it’s not on this list (type LTC/USD into the search field to view its profile).
On each crypto’s profile within the Fidelity app, a basic chart shows up to one year of price history. Advanced charting features are not supported for cryptos.
Below the chart, Fidelity displays detailed trading stats, including 24-hour volume, market cap, and the bid-ask spread. A buy button leads to an order ticket with market and limit orders.
Besides the mobile app, Fidelity’s website can be used to buy and sell cryptocurrencies. The firm’s desktop platform, Active Trader Pro, does not support crypto trading.
Researching Crypto ETFs at Fidelity
If three coins don’t suffice, Fidelity provides a wider range of crypto ETFs. These funds can also be shorted, which isn’t possible with the actual coins.
To locate crypto ETFs at Fidelity, open the fund screener on the website (found in the News & Research tab in the main menu) and choose Alternative as the asset class. You’ll see some non-crypto funds, but many will hold digital assets. For example, one we found was WisdomTree’s Bitcoin Fund, ticker BTCW.
On Fidelity’s BTCW profile, the gross expense ratio is 25 basis points with a fee waiver for the same amount, making the net expense ratio zero. The fund holds only Bitcoin, worth about $411 million. As a result, the fund isn’t very large.
How to Buy Bitcoin of Fidelity
You can buy a crypto ETF through any of Fidelity’s three platforms (website, mobile app, or desktop software). All three systems include watchlists, letting you store an ETF’s ticker for quick access.
Trading a crypto ETF at Fidelity is the same as trading any ETF, which means you can use many order types, including trailing, conditional, OCO, and OTOCO.
Pricing Schedule
Fidelity charges no commissions on ETFs or cryptocurrencies. However, both asset types have spreads
on each side of a trade, which act as the trading expense. ETF spreads vary depending on market
conditions. For crypto, Fidelity adds a fixed 1% spread to both buy and sell trades.
No fees or minimums apply to crypto or securities accounts.
Robinhood as a Backup
If you prefer more than three coins, consider Robinhood. In addition to Ethereum,
Bitcoin, and Litecoin, Robinhood carries 25
more that you can trade:
- Aave (AAVE)
- Avalanche (AVAX)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- BONK (BONK)
- Cardano (ADA)
- Chainlink (LINK)
- Compound (COMP)
- Dogecoin (DOGE)
- Dogwifhat (WIF)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- Pepe (PEPE)
- Shiba Inu (SHIB)
- Solana (SOL)
- Steller Lumens (XLM)
- Tezos (XTZ)
- Trump (TRUMP)
- Uniswap (UNI)
- USDC (USDC)
- XRP (XRP)
To see these, type “crypto” into the website or app’s search bar and choose Tradable Crypto from the menu that appears.
Once you get the list, tap or click a coin to view its profile and place a trade.
Robinhood also has crypto ETFs. To find these, type “crypto” again in the search box and pick Crypto Commodity ETPs.
Like Fidelity, Robinhood charges no commissions on trades of ETFs or digital currencies. Unlike Fidelity, Robinhood’s spread on crypto trades is about 0.63% on each side, varying by coin.
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Fidelity Crypto Review
Fidelity is a good starting point for crypto trading. Robinhood has slightly more choices at a lower spread.
Updated on 10/11/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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