Placing a trade

Trading & Fees

  • What are the fees for trading with Fidelity Crypto®?

    Your Fidelity Crypto® trades are commission free. A spread of 1% will be included in every trade execution price. A spread is the difference between your execution price and the price at which Fidelity Digital Assets℠ buys or sells digital assets to fill your order. Fidelity Digital Assets℠ will not separately calculate and disclose spread earned on the trade confirmation screen.

    If you have an account through Fidelity Crypto® for Wealth Managers, please see your customer agreement for the applicable spread and contact your advisor or intermediary for details on other fees that apply to your Fidelity Crypto® for Wealth Managers account. Please refer to the Fidelity Crypto® for Wealth Managers Customer Agreement. You can find it in the Fidelity Crypto Agreements & Disclosures in your account profile on the Fidelity Mobile® app and at the bottom of the account page on Fidelity.com.

    Fees are subject to change.

  • How does the 1% spread affect the execution of a Fidelity Crypto® limit order?

    Your limit order will execute when Fidelity Digital Assets℠ is able to buy or sell your selected crypto at your limit price or better, which includes a 1% spread.

    The spread will not impact the price you receive on your trade; however, it will impact if and when your order executes. Here's how for buy and sell orders:

    • Buy orders will be eligible to execute if the market price of your selected crypto goes 1% below your limit price.
    • Sell orders will be eligible to execute if the market price of your selected crypto goes 1% above your limit price.

    Keep in mind: Market quotes and price alerts may not match the pricing available to Fidelity Digital Assets℠.

  • What order types are available with Fidelity Crypto®?

    The Fidelity Crypto® account supports market and limit orders.

  • How do Fidelity Crypto® trade orders execute?

    Trade orders are executed with trusted Fidelity Crypto® liquidity providers. Liquidity providers are selected using smart order routing technology, allowing Fidelity Crypto® to find the best available execution price for your trade. In some cases, Fidelity Digital Assets℠ may fill your order with multiple executions across multiple liquidity providers.

  • Do I need to transfer money before buying in my Fidelity Crypto® account?

    You can transfer money into your Fidelity Crypto® account while placing your buy order if your funding account has enough settled money. When an “Insufficient funds” message appears in the order review, choose “Add funds” to transfer settled money from your funding account and then continue with your order.

  • What exchanges does Fidelity Digital Assets℠ use for crypto trading?

    Fidelity Digital Assets℠ does not share the names of its liquidity providers for legal purposes. As the provider of custody and trade execution services for Fidelity Crypto®, Fidelity Digital Assets℠ can confirm that customer assets are not custodied on any exchange and instead are always kept within a Fidelity Digital Assets℠ proprietary custody solution.

  • Why is the price on my Fidelity Crypto® order screen different from the final buy/sell price?

    Your review screen has an "Estimated value" which can fluctuate based on market movement between order and execution. You'll have the exact price in your order details once your trade completes. Your limit order executes when Fidelity Digital Assets℠ can buy or sell at the price you selected, which includes a 1% spread. Market quotes and price alerts might not match the pricing available to Fidelity Digital Assets℠.

  • What is the settlement time for a Fidelity Crypto® buy order?

    Fidelity Crypto® buy orders settle instantly after they fill and appear in your crypto positions.

  • What is the settlement time for a Fidelity Crypto® sell order?

    Fidelity Crypto® sell orders settle instantly after they fill and appear in USD.

  • What are the third-party liquidity providers for Fidelity Crypto®?

    Fidelity Digital Assets℠ maintains a network of vetted and approved third party liquidity providers. External trading counterparties go through an extensive onboarding and risk management approval process.

  • What are the requirements for Fidelity Crypto® sell orders in dollar amounts?

    Due to the potential movement of the price per coin during trade execution, you can sell up to 95% of your crypto holdings when placing sell orders by dollar amount. To sell more than 95% of your crypto holdings, you can tap “Sell all” or specify the sell quantity in number of coins.

  • What are the requirements for Fidelity Crypto® buy orders in coin amounts?

    Due to the potential movement of the price per coin during trade execution, you can buy crypto with up to 95% of your available cash when placing buy orders in coin amounts. To buy with more than 95% of your available cash, you can enter the buy quantity in dollar amounts.