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JIM ARMSTRONG: Hey there. Welcome to the Covering Crypto Livestream. I’m Jim Armstrong with Fidelity. Over the past few weeks and months, we have been getting a lot of questions from livestream viewers and registrants asking us questions about how to use Fidelity Crypto®, asking us, how do I open an account? How do I fund that account? How do I place my first trade? How do I transfer into and out of my account?
So we thought probably the best way to answer all those questions would be to dedicate a full episode of the livestream to do that. So here we are. I found a couple of fantastic guests from the Fidelity Digital Assets® team, Dan and Rob. I’d love it if you could both just introduce yourselves and talk a little bit about the work that you do. Dan, we’ll start with you.
DAN CHODOS: Thanks for having me, Jim. So I’m Dan Chodos, and I’m a product manager at Fidelity Crypto. And I lead a team that’s responsible for building out some of the newer digital products and experiences that we offer. But today, I’m really excited, because I get the privilege to walk through and demo some of the core functionality that we’ve built and give a closer look into some of the ways that our customers interact with the experience and provide some guidance to others who want to learn how to do so today.
JIM: Love it. All right, thanks for being here. And Rob, how about you?
ROB MONTICCHIO: Thanks for bringing us together, Jim. So my name is Rob Monticchio. I’m also a product manager here for Fidelity Crypto. My focus is on the transfer of assets and money movement functionalities for our platform.
It’s just been so exciting to bring this to market. We’ve spent years building and refining it based on our customer feedback. And I’m looking forward to sharing it here today.
JIM: Again, thank you both for taking time out of your day to answer all the customer questions that we’re about to hit you with. For people watching right now, just a quick housekeeping item, if you’re relatively new to crypto, you might hear Dan and Rob use terms that are a little unfamiliar, maybe some crypto jargon. We’ll all do our best to define our terms as we go.
But I would definitely suggest a great resource for if you have crypto-related questions. And that’s Fidelity.com/LearnCrypto. You will find a glossary of terms on Fidelity.com/LearnCrypto, as well as a very comprehensive list of frequently asked questions linked to, as well as a ton of educational resources, articles, videos, infographics, animated videos, a lot of content there that can help get you feeling a lot more confident when it comes to opening a Fidelity Crypto account or about cryptocurrencies in general. So Fidelity.com/LearnCrypto is definitely a bookmarkable site for you.
In terms of what we’re after today, let’s pop up an agenda to talk about what we will cover. We will start with eligibility. Who’s eligible to open a Fidelity Crypto account? We’ll then talk about how to open and fund a Fidelity Crypto account, how to transfer cryptocurrencies into and out of that account. And then we’ll talk about placing a trade, the buying and selling of cryptocurrencies.
As we go along today, our guests are going to be sharing their screens and walking you through a test account to show you what the experience looks like.
Over the past few months, we’ve gotten a lot of questions from livestream viewers, like the trio that you see on your screen right now from Diane, Ethel, and Bradley. Folks asking questions like, hey, does Fidelity even offer crypto? How do I get started? What’s a simple, straightforward way to learn the process? So that’s exactly what this livestream is meant to do.
Before we do that, though, I do want to point out that, today, we’re talking only about the process of buying and trading spot crypto. If you don’t what that means, it’s just another way to say buying actual coins directly. So this would be the process by which you would have direct ownership of ethereum, for example, or bitcoin or litecoin.
That’s different from buying or trading a fund. So today, we’re not talking about ETFs, exchange-traded funds, or ETPs, exchange-traded products, even though those are other ways to get invested in crypto. Again, today, we’re talking just about spot cryptocurrencies.
Now, at Fidelity to buy spot crypto, you need a Fidelity Crypto account. And again, that’s what we’re going to be walking you through today. So Dan, before we get into the nitty-gritty here, I was hoping you could just give a real high-level sense of what Fidelity Crypto is? And then also, if you could, answer this question that came in from Amy during registration. She’s curious about whether or not she has to be a US citizen to have a Fidelity Crypto account.
DAN: Yeah, happy to, Jim. So like you were mentioning, a Fidelity Crypto account allows you to buy, sell, and transfer cryptocurrencies—think bitcoin, ethereum, and some others—in an account that you can access either from Fidelity.com or, like you’ll see today, on the Fidelity Investments® app. It’s all in one place that you track your traditional accounts, as well.
And to answer Amy’s question, yes, you do need to be a US citizen. And you need to be at least 18 years of age.
JIM: Got it. All right, so in a second, Dan is going to share his screen now and walk us through phase I of the process, which is how to open an account. I will note that Dan is going to be doing that on a test account on a mobile device. But by and large, it’s a very, very similar process if you choose to open an account on the web. Dan, I’ll hand it over to you.
DAN: Yeah, thanks, Jim. And I’ll echo the sentiments. We try to keep parity generally across the experiences. So you should experience largely, whether you’re on iOS, Android, or web, a very similar experience with some slight differences along the way. But would recommend here, whenever you’re going to a mobile app, just make sure that you have the latest app, whether you go to the Apple® App Store® or to the AndroidTM Google PlayTM store. Grab the latest version.
That’s what we’ll be demoing here today.
So I’m going to talk a bit about our account opening process here and demo the experience for you. First, to call out, you do need two accounts for the Fidelity Crypto experience. You need a funding account. That’s a Fidelity brokerage account.
And then you need the Fidelity Crypto account. And that’s the account where you’re going to buy, sell, trade, transfer the cryptocurrencies. You need that because Fidelity Crypto itself does not offer direct inbound funding from fiat currencies.
So we create that connection where you’re going to fund the brokerage account, and then you’re going to transfer those funds over to the crypto account to make the transactions. I’ll gladly walk you through all those stages today. But think of it as a bank to brokerage, brokerage to crypto part.
We will open both the brokerage and the crypto account together if you do not have a brokerage account. If you already have a brokerage account, though, you can just select that as your linked brokerage account and your funding account for your crypto. I will show you here the process.
And it’ll reference that we’re going to open both at the same time. But again, it’s whatever you already have. Or if you’re a brand-new customer, please join us and have both.
So here I am. I’m on what’s known as the Account Summary page. Here, you can see, your current accounts. As Jim was mentioning, this is a test account. So we have it funded with some funds that we’re going to use later.
And here, you see some of the accounts you have and a bright green button on the bottom that says Open or Link an Account. So that’s going to take you into the platform for account opening. So I’m going to come here. And I’m going to choose to open a new account.
A couple options—you can open general investing accounts, link your brokerage accounts, where you look to invest stocks, ETFs, funds. You can have retirement accounts or today, as we talked about, the crypto account. Click Crypto and choose Next.
And then from Crypto, there are a few options. So you do see on top, the General Investing. That is where you can directly buy and sell that crypto. But we also offer different products. You see here the Fidelity Crypto for IRAs.
I would invite you to visit Crypto Learn, where you can learn more or our Help section, both on those hyperlinks below, which will give you more details. For today’s demo, we are going to do the General Investing. I’m going to click that and get started.
So here’s some information. We want you to know what you’re going to be getting involved with as you’re opening a crypto account. This does allow you to trade crypto and stocks all in one app.
You can start trading with as little as $1. And we do take a very educational-focused approach. We want you to build your crypto knowledge and do it at your own pace as you’re getting involved in learning the space. You’ll see below some disclosures. You’ll see that throughout our entire experience.
I would recommend that you take your time. You read through the disclosures. You understand the risks and opportunities within the overall experience. And that will show all throughout this entire experience.
I’m going to go ahead and click this Let’s Go button. So as we mentioned, Fidelity Crypto does use a brokerage as a funding source. So if you have that brokerage, like we said, you can link to it already. If not, then you can go ahead and open both at the same time—a little info icon here that helps explain some of that.
And as I mentioned, we don’t offer the direct bank-to-crypto transfers. So you’ll need that brokerage account.
I’m going to go ahead and click Next. Is this account just for you, or will you share it? So this is asking you, is it going to be an individual account, where you’re the only owner or if it’s a joint account where you’re going to share it. If you do choose joint, it’s going to ask if you want a joint rights of survivorship account or joint tenants in common. Either one are applicable, and it depends on preference there.
I’m just going to go back, though, and choose Just for Me. And right now, it’s looking through, and it pulled up information about me. So I’m already an existing customer.
If I was not an existing customer, we’re going to grab some general information about you, name, address, elements of your employment, and make sure that we have all of that loaded up for the account opening. Because we have that, you can see, I’m able to access here and review the personal information. I can also see different elements about account opening and things that, if I want to read those agreements, they’re all available to me.
I don’t have anything to change in this case. So I’m just going to go ahead and scroll down and click Open My Accounts. Wonderful. So our accounts are now open. We have a new brokerage account, and we have a new crypto account.
And so that brokerage account is going to be our funding account. And our crypto account is going to be where we do our trading, transferring, and other activities. Jim?
JIM: Excellent. Thank you for that. I have a question from a viewer named Christy, who wants to know what a realistic dollar amount is to get started. So I will answer that with a nonanswer, unfortunately. Because Christy, it really depends on what is realistic to you as someone perhaps getting started.
So for you, that answer might be $10. For you, that answer might be $1,000. It really is just up to you and your own specific needs and concerns, as long as you’re aware of all the risks involved, as well. I will say that, Fidelity Crypto, as offered by Fidelity Digital Assets®, allows you to get started with as little as $1. So that’s the lowest you could do—or again, just as long as it matches your particular risk tolerance and your need.
But Dan, I want to go back to what you said a moment ago about getting funding into that brokerage account in the first place. Because as you mentioned, it’s from the brokerage account that money moves into the Fidelity Crypto account. So walk us through, if you could, just how money might get into that brokerage account in the first place.
DAN: Definitely. And like you said, Jim, you need to fund your brokerage account. You can do that through a couple different paths. So here I am back on our Account Summary page.
As I’m scrolling down, if you see there’s a green circle with the dollar sign, that is our Transact widget. And that’s how we get into Transfer. So this is where you can go ahead and set up any bank or make a transfer from your brokerage to your crypto. So let’s talk about setting up a bank first.
If I scroll down, and I have not linked any bank, you’ll see this opportunity to Link a Bank or Recipient. So I’m going to click that.
And this gives us the opportunity to fund our brokerage through a couple different ways. An EFT—so that’s where you send money from a linked bank account into your own, typically available within one to three days. You can do a bank wire. Sometimes there is a fee that’s associated with that. And also, you can transfer directly from somebody else’s Fidelity account.
For the purposes today, we’re going to talk about an electronic funds transfer, an EFT. So I’m going to click that. And you can choose, are you EFTing money to yourself, or are you sending money somewhere else? I’m going to go ahead and click Myself.
And here’s what’s going to happen. So you’re going to provide information. You provide your bank’s, routing and account numbers. In some cases, you may need to provide an online banking username or a password if you’re going through that experience.
For those customers that are looking for their account and routing numbers, these are available on checks. So if you go to the check from the institution where you’re funding from, you should be able to find it there. Otherwise, typically, you can call the bank. Or you can just log in to your digital experience. And it’s typically available on the account page.
I’m going to go ahead and click Continue. So here, I have those couple options. I have EFT or Bank Wire. As mentioned, we are going to do an EFT.
So Myself—it is not a business account. It is a personal account. And then I have a couple different options here. So I can either securely log in to the bank utilizing the Mastercard Data Connect that we have here. Or I can enter the bank information on my own.
Entering that bank information is those account and routing numbers. For our purposes today, we’re going to go ahead and do that. I’m going to choose which account I want to link this to. So we’re going to choose this account.
I’m going to choose to Link a New Bank and confirm that I am the owner. It is coming from either a checking or brokerage account, from a savings account or a business. We’ll choose Checking.
And in this case, this is where you’re going to fill out the information about the routing number, the account number, and then we’re just going to confirm that account number, as well. As mentioned, you can grab this information from the account page at your bank or on a check.
I’m just going to close out from that experience and show you another way that you might be able to fund your crypto account, as well. So once that bank is linked, it would be in this From. So I’m going to go ahead. Just again, I’m back in this Transfer widget. And actually, we’ll just go back into it again.
So remember, you can grab it from this green circle on the bottom, and go to this Transfer. And so in From, as long as I’ve linked that bank, you’re going to see it as one of the funding options here. But if I already have an existing account and that account is already funded as well, I can choose that account.
And here, you’ll see this individual account does have a balance of $74.71 that’s available for Fidelity Crypto. So I’m going to choose that. I’m going to put it into my Fidelity Crypto account. You’ll see there that I already have a balance as well of $72.92.
But let’s go ahead and add to that. So we’re going to add $10. Click Review. This is providing the information that we are going from the individual to the Fidelity Crypto account on today. And then just a reminder to our customers here that the cash held in a Fidelity Crypto account does not earn interest.
I’ll go ahead and click Submit. And the funds are over. And so now we’ve fully funded our Fidelity Crypto account. Jim?
JIM: Excellent, Dan. Thank you for that. And for folks watching, if, by chance, you still have some questions about opening and funding an account or about crypto in general, we would strongly suggest you check out a website called Fidelity.com/Crypto. It is a great starting place, again, not just to talk about and review how to open an account and how to transact and trade, but it also provides a lot of educational links, as well, to help you get more educated in general about cryptocurrencies and perhaps learn which one might be right for you. So again, that’s Fidelity.com/Crypto, a fantastic resource to check out.
A relatively new feature of Fidelity Crypto, as offered by Fidelity Digital Assets, is the capability to transfer cryptocurrencies. Crypto transfers, just to make sure we’re all on the same page, is the ability to deposit or withdraw eligible cryptocurrencies between Fidelity Crypto and a third-party exchange or a wallet. You can also transfer crypto to another Fidelity Crypto account.
I do want to point out, however, that you cannot transfer crypto to or from a Fidelity Crypto IRA. We have a bunch of questions that have come in from livestream registrants and viewers over the past few months. Throw those on your screen right now.
A lot of people asking those like the ones you see here. How do I get my crypto from another firm to Fidelity? How can I transfer my crypto from its present custodian to Fidelity? How do I move crypto to Fidelity?
But then we also get the opposite, people saying, I bought at Fidelity, but how do I move it from Fidelity to a cold wallet? So, Rob, you and your team work tirelessly behind the scenes to build and fine-tune the transfer process. So at this point, I’ll turn it over to you to share your screen and walk people through the transfer process.
ROB: Great. Thank you, Jim. I’d be happy to show you. So to get started with crypto transfers, we ask a few questions to ensure the security of your account and enable you for the Transfers feature.
So taking a look at my screen here, first, we navigate into the crypto account. And I’ll scroll down and select Deposit/Withdraw Crypto. That’ll take me into the enablement experience.
We work with a vendor called Socure. And they securely capture and validate the details on your government-issued ID, like a driver’s license or passport. You’ll acknowledge the terms and conditions. I’m going to choose a driver’s license.
And then you’ll take photos of the front and rear of your ID. Now take your best selfie. I’ll choose Submit. And then my ID submission is complete.
There’s one last step. So in accordance with Know Your Customer regulations, we also ask a few questions regarding your use of the Transfers feature. Your responses to these questions will not have an impact on your ability to transfer. And I’ll select answers for how often I expect to transfer and how much I hope to transfer.
And then I am set up for deposits. Initially, we will only set you up for deposits. But you can choose to set up withdrawals as well. Doing so will require you to choose a withdrawal security level. So Standard allows withdrawals up to $2,000 per day. And Advanced withdrawals increase your ability to $25,000 per day.
Advanced withdrawals will require enrollment in an authenticator app. And that’s where you enter a two-factor authentication code at the time of withdrawal. And that’s it. I’m all set up for deposits and withdrawals.
Now that we’re set up for transfers, let’s initiate a deposit. I’ll come down here and choose Deposit/Withdraw Crypto and Deposit. First, I’ll select the asset I want to transfer. When making a transfer, network selection is very important. Fidelity Crypto only accepts deposits on the main layer 1 network of the coins that we support, like the Bitcoin or Ethereum networks.
Some exchanges will allow you to select other proprietary networks for transferring coins. Fidelity Crypto does not support these other networks and will not be able to recover deposits made on them. So be sure to select the layer 1 network for the coin you’re transferring.
Additionally, crypto wallet addresses are very long and complex. We strongly recommend that you first conduct a deposit test to make sure you’ve entered all the details correctly. This means transferring a very small amount of coin first and verifying that the deposit successfully transfers to your Fidelity Crypto account before making larger transfers.
With that in mind, you’ll now be able to copy the Fidelity Crypto deposit address that’s been generated for your account and paste the address into the withdrawal experience of the exchange or wallet where you currently hold this coin. As you can see, I’m blurring out my address here so that no one feels tempted to send me some coin. For your convenience, we also offer the address as a QR code, which can easily be scanned.
Now you’ll complete the initiation of your deposit in whatever application you currently use to manage the wallet where you hold this coin as a withdrawal from that wallet. As soon as we see a blockchain confirmation, you’ll receive a notification that the deposit has been started into your Fidelity Crypto account. Once fully confirmed, we’ll alert you that the deposit is complete, and you’ll see the coin added to your account.
There’s one last housekeeping item for those closely tracking their tax lots. You’ll be able to update the cost basis information that’s the original value or purchase price of the coin, plus fees, in the Account Activities tab on Portfolio Summary. To show you, I’ll switch accounts, navigate to Activity, and choose a previous deposit.
I’ll scroll down and choose Update Cost Basis. And then I’ll select the lot that I want to add cost basis details for. You should be able to find these details, like the original purchase price, date and time in the wallet or exchange that you just transferred from.
I saw a question come in about moving crypto from Fidelity to a cold wallet. And that’s certainly possible. To do so, you’ll need to have the wallet address for your cold wallet and confirm the network you’re transferring on. First, navigate to your crypto account summary. Scroll down to Deposit/Withdraw Crypto. And then select Withdraw Crypto.
Next, select the asset you’d like to withdraw. Before you can withdraw to any external wallet, you’ll first need to add the wallet address to your address book. To keep your account secure, Fidelity Crypto requires a 48-hour activation period before withdrawals can be executed against a newly added address.
When adding a new wallet, be sure to verify that the address is correct and that you trust the source that you copied or received the address from. Transfer requests from new online connections or entities that are advertising rates of returns that are too good to be true can be risky. So be sure to protect yourself from fraud or scams.
Once acknowledged, I’ll enter a nickname for this address. And then I will paste the address into the form. I can also use the QR code scan functionality to capture the address with my camera.
Lastly, choose the owner of this wallet, either yourself or, if it’s another person or entity, enter their full name and the country of residence. And then I’ll choose Review. I’m presented with the details of the wallet. And I’ll choose Save.
Now the address will be available in 48 hours. Once the address is added, you’ll be able to withdraw to it by tapping Withdraw Crypto on Portfolio Summary. I’ll choose ETH.
You can see the address I added is pending. But I’ll use my previously added wallet to make a withdrawal. You can use the selector in the middle to switch between coin or dollar denomination.
In this case, I’ll withdraw $1 of ETH. I’ll be alerted if fees are currently high on the blockchain. And then I’ll review the details of the transaction. In this case, I see that I’m withdrawing $1 with $0.06 worth of fees.
And then I’ll choose Submit. And that’s it. The withdrawal is on its way.
JIM: Rob, that was perfect. Thank you for doing that. What we love to also remind people watching is, if you’ve got ongoing questions about Fidelity Crypto or about cryptocurrencies in general, questions about terminology, or if you want to watch older episodes of the Covering Crypto Livestream, we would humbly suggest that you check out Fidelity.com/Crypto. That is a great resource if you’re looking to learn a little bit more. Also, if you’re looking to learn a little bit more about what Rob was just talking about when it comes to transfers, we would suggest you check out Fidelity.com/CryptoHelp. Tons of great resources on that page, as well, to help you get your questions answered about how to use Fidelity Crypto.
Let’s dive in now how to place a trade with Fidelity Crypto. It’s another area where we have gotten a lot of excellent viewer questions over the past few months or so, like the ones on your screen right now, asking, how do I start investing in crypto? How do I buy crypto from my Fidelity account? Is $100 enough to start my crypto investing? And then, of course, what coins can I purchase through Fidelity?
I’ll take a couple of those questions right now. I’ll start with the money question from Yasmine. I will say that Fidelity Crypto, as offered by Fidelity Digital Assets, allows you to start with as little as $1. But the amount that you invest is entirely up to you personally based on things like your risk tolerance, how much you are willing to lose, and what the rest of your portfolio looks like.
So again, it’s a uniquely individual question. But you can start with as little as $1. And in terms of the coins offered, you could always find the most recent list of coins offered by Fidelity Crypto on Fidelity.com/Crypto. That, by the way, is fantastic resource for all things related to Fidelity Crypto, Fidelity.com/Crypto.
But again, once you decide what cryptocurrency or currencies might work well for you and your portfolio and your investing needs, then you are ready to start the process of buying and selling, trading crypto. To walk us through exactly how that works, let’s have Dan hop on, share his screen, and show us how it’s done. Hey, Dan.
DAN: Hey, Jim. Thanks for having me. So as mentioned, we are in the Fidelity application here. This is our mobile application. You can get the latest from your Apple App Store or from the Google Play store. But just make sure you grab the latest version when you’re utilizing the app so that you can have all the newest features available.
I’m on the All Accounts Summary page here. You can see the total of all the accounts. But in order to trade crypto, we are going to go direct into our crypto account. So this is our test account. It’s funded with some funds to execute some transactions here.
I’m going to scroll down. And here, you’ll see, in the cryptocurrency section, this account. I’m going to click it.
So in here, I do have $110 in total.
And then if you see, under the balances section, I do have $82.92 of free funds available to trade. So my favorite entry point—there are a few of them—but my favorite entry point is actually to come over. I’m going to click this Positions tab. Here, you can see the existing positions I have but also this tradable coins list.
This tradable coins list is dynamic. It’s always updated for the latest coins that are available for you to buy and sell at the moment. I’m going to come in here, though, to Bitcoin—so just clicking Bitcoin. And in here, you’re going to see charts.
So you can see hour, day, week, month, year chart on where it’s trading. Some info on why is crypto so up and down. Also, if you’d like to do some additional research, this will give you some information about bitcoin or any of your current holdings, which is in the Positions tab. So that’s all available here from this page and this quote page.
And I’m going to go ahead and come into Trade. On the bottom, there’s this green button for Trade. And let’s start with a Buy. So here we come. This is our trade ticket.
So here, you came in through buy. You can also change it to sell if you choose to do that at this time. And you can choose the amount. The amount is either in dollars. Or if I toggle that, I can also trade in the native currency.
So either one will allow me to enter in a certain amount. So in here, I can type in how many sats I wanted. Or if I wanted to change that up, let’s go ahead and do a dollar-based order. And so you will see dollar.
The other option here is Market or Limit. So a market order tells us how much to buy at the next available price. A limit order is setting the price that you’re willing to pay per coin when buying today.
Why don’t we do this? We’ll do a market buy. And we’ll do a limit sell. And I’ll show you how both of them work.
So we’ll go ahead and do a buy here. We’re going to choose to buy $10. Preview. And this is going to give you the details about that trade—so what you’re looking to buy, the order amount of $10.
There is a fee included in that. You can click this little Info icon next to the fee. And that will give you a lot more details about the fee, how it’s calculated. And that’s also in our frequently asked questions if you’re looking to learn more.
Our disclosures—please, make sure that you read through them and that you’re comfortable with the transaction. And then you can go ahead and complete your buy. So we’ve got your order. This is a market order.
So we’re going to go ahead and push that at the next available price. And you can see it in the order status, as well. So I’m just going to click Order Status. And you’ll see, this was just filled.
And here, you can see the details about that order that we just placed, the $10, including the transaction type, how much you purchased, how many satoshis you have, and then the total amount. And then click out of here. And we’re going to go ahead now, and do a sell.
So same idea—we can come into Bitcoin. We’re going to go back down to this Trade icon. And we are going to do a sell.
So like you had before on the buy, you can do a dollarized order, or you can do a coin order. And as mentioned, you can do a market or a limit. So let’s talk about limit.
Limit is setting the price that you want to receive per coin when selling. So I’m going to select Limit. So right now, we have bitcoin trading at $79,227.
Let’s say we want to do a sell, but I actually don’t want to sell it at that price. I want to sell it at a higher price. And so what I’m actually going to do, is if you see, I can just type in the price. I can say that I want to sell it at 80 or some other number.
Or there’s this little icon here for a limit chart. So this limit chart allows you to actually look at the chart of bitcoin and identify maybe a level that you’re looking to sell at. So I might want to sell up here. So that is $80,830. And that is up 2% from where it is today.
And again, you can toggle below, a 24-hour chart, one week, month, year. But I’m going to click Continue. So that prefills the $80,000 worth. And again, you can still do what you’re looking to sell. So I’m looking to do $10 worth at that price.
I’m going to hit Preview. It’s going to give you the details. So here, as opposed to being a market type that’s going to fill, this is a limit order. So it will tell you it’s going to fill at $80,830, unless it expires.
And then you see the details, as well, here. Then we’ll go ahead and hit Sell. And now this limit order is placed. And so we’re going to watch the market and fill at the time that the price is reached.
As mentioned, this is all done on our mobile app. We do also offer this service on our desktop app, which is fundamentally a very similar process, as well. Jim, back to you.
JIM: Dan, that’s great. Thank you so much for that. If anybody watching has further questions or is looking for some clarification, definitely would suggest a website, Fidelity.com/CryptoHelp. It is a tremendous resource. You’ll find a lot of frequently asked questions there, as well as a ton of other educational resources. So that’s Fidelity.com/CryptoHelp, a really, really great place to get started, whether you’re looking for help with opening or funding an account or trading in that account or if you’re looking to learn a little bit more or a lot more about cryptocurrencies in general. Fidelity.com/CryptoHelp is an amazing resource.
Dan, Rob, that was fantastic. Thank you again for taking time out of your day to walk us through all of those processes. And thank you also to the audience for joining along and for sending in your questions. We really appreciate your engagement and being part of the Covering Crypto Livestream community.
Be sure, also, to join us again for our next livestream. You can register for that show using the address that’s on your screen right now. And as always, we’d love it if you wanted to be part of our Reddit community. You can get your questions answered there and join another great community of people who have a lot of the same crypto questions that you do.
Thanks again for joining us for this episode of the Covering Crypto Livestream. And we hope to see you again real soon.
