How can I use my close fidelity roth ira to invest in cryptocurrencies?

1 answers

• Joel Lopez MJan 20, 2025 · a year ago
  Investing in cryptocurrencies using your close fidelity roth ira can be done through a self-directed roth ira. However, not all fidelity roth ira accounts allow for self-directed investments. You'll need to check with fidelity to see if your account is eligible. If it is, you can open a self-directed roth ira account with a custodian that supports cryptocurrency investments. Once your account is set up, you can transfer funds from your close fidelity roth ira to your self-directed roth ira and start investing in cryptocurrencies. Remember to do thorough research and consider the risks involved before making any investment decisions.
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