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Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Buy low and sell high to take profits from price fluctuations
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Pledge one crypto to borrow another
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One-Stop Lending Hub
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New
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
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Fidelity's Groundbreaking Move for Bitcoin and Altcoins: Launching a Retirement Fund! - Coin Bulletin
Fidelity Investments launched a new retirement account that allows individuals to invest in cryptocurrencies. The company offers this service through its web3-focused subsidiary, Fidelity Digital Assets.
Fidelity Crypto for IRAs allows investors to add cryptocurrency to their retirement portfolios, but currently, the only digital assets available for investment are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). This account offers three different types of IRA (Individual Retirement Account): Fidelity Crypto Roth IRA, Fidelity Crypto Traditional IRA, and Fidelity Crypto Rollover IRA.
To access these accounts, investors must be U.S. citizens, reside in an appropriate state, and be at least 18 years old. According to the information on the company's website, Fidelity continues its commitment to offering investment products and solutions tailored to the changing needs and interests of its clients, and continues to provide education and support throughout this process.
The announcement of Fidelity's crypto-focused IRA accounts came after the proposal of two exchange-traded funds by Volatility Shares that track Solana's performance and funds aimed at tracking other tokens like Litecoin and BNB.