Funding accounts

A Fidelity brokerage account is linked to each crypto trading account as a funding account. You can use Fidelity’s money movement features with your brokerage account and then move money to your crypto trading account. Fidelity Crypto^® accounts link to eligible Fidelity brokerage accounts, and Fidelity Crypto^® IRAs link to eligible Fidelity brokerage IRAs.

When opening your Fidelity Crypto^® account, you can choose to open a new Fidelity brokerage account with an individual or joint registration (with 2 individual owners) or to select an eligible existing brokerage account to link as your funding account. Joint accounts can’t include trusts, entities, or tenant-by-entirety registrations, and all owners of the Fidelity Crypto^® account must be owners of the funding account.

When choosing an existing account to link, your choices will be filtered for accounts with compatible registration types (The Fidelity Account^®, Fidelity^® Cash Management Account, or Stock Plan Services brokerage account) which were opened after October of 2003 and are not already linked to a Fidelity Crypto^® account.

When opening your Fidelity Crypto^® IRA, you can choose to open a new Fidelity brokerage IRA with a matching registration or to select an existing eligible Fidelity brokerage IRA to link as your funding account. When choosing an existing Fidelity brokerage IRA to link, your choices will be filtered for traditional, Roth, or rollover IRAs with matching registrations which were opened after October of 2003 and are not already linked to a Fidelity Crypto^® IRA.

You can change the funding account for your Fidelity Crypto^® account to a new or existing eligible brokerage account once every 365 days. The new funding account must have an identical registration to your Fidelity Crypto^® account, including the account type and ownership.

You can't change which Fidelity brokerage IRA is linked to your Fidelity Crypto^® IRA.

When you deposit money from an outside bank into the funding account you've linked to your Fidelity Crypto^® account, it can take 1 to 3 business days for that deposit to be processed and ready to move to your Fidelity Crypto^® account. For large deposits, a portion might be subject to a hold before it can be moved. Check the "Available for Fidelity Crypto^®" balance when you're moving money.

If your funding account is flagged for pattern day trading, this could reduce your cash available to transfer into your Fidelity Crypto^® account. There are no day trading limits on cryptocurrencies.