Fidelity Opens Wait List for Retail Crypto Trading With Zero Fee
- Retail users will be able to trade Bitcoin and Ethereum
- Move will heat up competition for Coinbase, FTX US, Robinhood
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Fidelity Investments is set to launch a retail crypto trading platform, starting with zero-commission trading for Bitcoin and Ethereum.
The brokerage has opened up a wait list for its new service Fidelity Crypto, according to its website. It will offer custody and trading of the two tokens, while allowing users to have an integrated view of both crypto and traditional investments. Fidelity doesn’t have a date identified for when customers will receive access, the firm said in an FAQ. Invitations will be sent based on timing of sign-ups and state eligibility.