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If you’re looking for a platform that blends traditional finance with crypto trading, this Fidelity Crypto review might be exactly what you need. Fidelity actually lives up to its name, unlike a certain CEO whose Coldplay concert antics turned “infidelity” into trending news. Here, the only loyalty in question is whether you stick with stocks or finally add Bitcoin to your portfolio.

Of course, even a household name like Fidelity has its quirks. Here, I’ll cover everything from its supported coins and fees to how it compares with major exchanges like Binance and Bybit. By the end, you’ll know whether Fidelity Crypto aligns with your investment goals.

Verdict at a Glance:

Fidelity Crypto works best for newcomers and investors who already use Fidelity for retirement or brokerage accounts. Its regulated setup and simple pricing structure stand out, but traders seeking advanced tools or a broader asset selection may feel restricted.

Pros

  • Easily connects with existing Fidelity account
  • Robust custody backed by multi-layered security
  • Crypto trading available within a US-regulated framework
  • Accessible via both the website and mobile app

Cons

  • Lacks advanced trading features
  • Offers a small range of cryptocurrencies
  • Fixed fee structure with limited options

Fidelity Crypto Review: Quick Overview

Before diving into its features, I’ll begin this Fidelity Crypto review with a quick overview that outlines its supported assets, security measures, and overall account structure.

Type

Crypto service

Is Fidelity Crypto Safe?

Yes

Best for

Existing Fidelity users, long-term investor

Established in

2018

Headquarters

Boston, Massachusetts

Availability

United States

Licenses

Licensed for money transmission in over 10 US states

KYC Verification

Yes

Security

Omnibus storage, TEMPEST shield

Features

Spot trading, Fidelity Crypto IRAs, market and limit orders

Supported Coins

Bitcoin, Ethereum, and Litecoin

Funding Methods

Fidelity brokerage account

Withdrawal Fees

Free, excluding network fees

Fiat Support

No

Customer Support

Social media, phone call

Privacy & Anonymity

No anonymity features

Table: Overview of Fidelity Crypto features

The table above provides a snapshot of Fidelity Crypto’s core setup. It highlights the platform’s integration within Fidelity’s broader brokerage services and hints at its focus on simplicity over sophisticated crypto trading tools.

Fidelity Crypto Alternatives

Beyond the features highlighted earlier, readers exploring this Fidelity Crypto review may also want to consider platforms with broader cryptocurrency coverage or more advanced tools. These alternatives cater to different needs, from staking rewards to global accessibility:

  • Binance. Known for its extensive coin selection and advanced markets, including futures and staking options.
  • Bybit. Designed for active traders, offering 1,600+ cryptocurrencies, advanced trading features, and high‑leverage products such as futures and options.
  • Kraken. Well‑suited for those seeking staking rewards and additional earning features on idle balances.

Check the table below for a side‑by‑side comparison of Binance, Bybit, and Kraken:

Kraken logo
Binance logo
Bybit logo

Overall Score

9.8
8.0
8.0

Best For

Beginners Advanced Users & Beginners More Advanced Users

Operating Countries

United States, Germany, United Kingdom, France, Canada, + 190 more Turkey, Argentina, Vietnam, Ukraine, + 180 more South Korea, United Kingdom, Ukraine, Turkey, +160 more

Latest Coupons

All Kraken Coupons See All Coupons of Best Exchanges See All Coupons of Best Exchanges

Verdict

One of the best crypto exchanges, especially in the US. One of the leading crypto exchange platforms in the industry. A popular crypto derivatives exchange with some super-low trading fees.

Supported in United States

Supported ✅ Not Supported ❌ Not Supported ❌
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Table: Comparison of Binance, Bybit, and Kraken

Some readers might view these platforms as more versatile, particularly for active traders or those exploring broader crypto ecosystems. Fidelity Crypto remains appealing to individuals who prioritize directness and integration with their existing investment accounts.

📚 Read More: Best Cryptocurrency Exchanges

Compare Crypto Exchanges Side by Side With Others

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

Who’s Fidelity Crypto For?

While Fidelity Crypto doesn’t cater to advanced traders seeking derivatives or broad altcoin exposure, the platform suits well into a strategy centered on mainstream digital assets. Considering these aspects, Fidelity Crypto seems best suited for:

  • Existing Fidelity Users. Those already using Fidelity for brokerage or retirement accounts can seamlessly add Bitcoin and Ethereum without juggling multiple platforms.
  • Long‑term Investors. The cold storage custody and straightforward buying process support users treating cryptocurrency as part of a diversified portfolio, rather than a day-trading vehicle.

Fidelity Crypto review: Fidelity Crypto availability for US citizens.

  • US residents Prioritizing Compliance. Fidelity Crypto’s availability in the United States, combined with its regulated structure, makes it a strong choice for users seeking an institution‑backed service within US financial frameworks.

Do these traits match what you’re looking for? If so, Fidelity Crypto may be a good fit for your investment approach, while the alternatives mentioned earlier may better suit readers seeking advanced trading tools and wider range of assets.

📚 Read More: How to Choose an Exchange for Beginners

Advantages

Fidelity Crypto brings a unique blend of institutional trust and accessible crypto trading, making it appealing to investors who want exposure to Bitcoin and Ethereum without compromising on compliance-driven requirements. Based on my experience and key takeaways highlighted in this Fidelity Crypto review, some notable benefits include:

  • Seamless integration with existing Fidelity accounts;
  • Strong custody model with layered security;
  • Access to crypto trading under US regulatory oversight.

A major strength lies in how easily Fidelity Crypto connects with the broader Fidelity ecosystem. Users managing retirement plans, brokerage accounts, or cash management services can add popular cryptocurrencies to their portfolio without moving funds across multiple platforms or juggling separate logins.

Fidelity Crypto review: benefits page on Fidelity Crypto.

Security is another standout feature. Fidelity’s custody approach relies on an omnibus storage system that places the majority of user assets in cold storage shielded from network threats, electromagnetic interference, and unauthorized access.

Regulatory compliance rounds out the platform’s advantages. Fidelity Crypto operates under a US-regulated structure, giving investors peace of mind about transparency, oversight, and protections that come with working through an established financial institution.

Limitations

Now, let’s take a closer look at some of the limitations that could matter to specific users. Drawing from user Fidelity Crypto reviews and my own research, these insights aim to provide a balanced view of where the platform might not align with every trading style, helping you decide if it fits your goals.

  • No advanced trading tools;
  • Limited coin selection;
  • Fee structure lacks flexibility.

Fidelity Crypto focuses on integrating crypto access into a broader investment account, which means advanced features often found on dedicated exchanges are absent. There are no margin trading options, futures contracts, or complex charting tools for technical analysis. Consequently, the platform is better suited for basic buy-and-sell strategies rather than active day trading.

Fidelity Crypto review: Fidelity Crypto IRAs.

Another point to consider is the limited coin selection. Fidelity currently supports only Bitcoin, Ethereum, and Litecoin, so anyone interested in diversifying into altcoins will need to look elsewhere. While this simplicity appeals to new users, it may feel restrictive for experienced traders seeking a wider portfolio.

Lastly, the fee structure relies on a flat 1% spread applied in each transaction. The approach avoids commission fees but lacks the flexibility of tiered models, such as Binance’s, which allow high-volume traders to benefit from reduced costs. Over time, the flat rate might feel less competitive for users who trade frequently or in larger amounts.

Fees and Limits

Fidelity Crypto handles fees in a way that’s easy to track. The platform uses a spread-based model, rather than charging commissions.

A spread of 1% is applied to every buy and sell order, embedded into the execution price you receive during a transaction. The approach has been in place since June 28, 2023, and applies to both standard accounts and Fidelity Crypto IRAs.

Below is a summary table that breaks down key fees and limits:

Fees

Limits

Deposit

Free (network fees may apply)

N/A

Withdrawal

Trading (Buy/Sell)

1% spread

Minimum trade $1

Crypto IRA

N/A

Table: The fee and limit structure on Bitunix

This table outlines only the essential figures. Further insights help clarify how these costs affect different actions on the platform:

  • Spread-based pricing. The 1% spread is calculated as the gap between the price you see and the price at which Fidelity Digital Assets executes your order. This applies across Bitcoin, Ethereum, and Litecoin.
  • Commission-free trades. No additional commission is applied on top of the spread, keeping total costs transparent when buying or selling.
  • Minimum Trade Size. Purchases and sales can be as low as 1 USD, which benefits users testing strategies or diversifying portfolios gradually.

Fidelity Crypto review: buy crypto page on Fidelity Crypto.

  • Deposits and Withdrawals. Depositing cryptocurrency into Fidelity incurs no internal fees. However, network charges may apply, depending on the wallet used for sending. Withdrawals similarly depend on blockchain activity at the time of transfer.
  • Crypto IRA Accounts. The same 1% spread applies to crypto IRAs with no added custody or account maintenance fees.

Altogether, Fidelity Crypto fees follow a single-spread structure instead of complex tiered pricing or VIP systems. That transparency benefits both beginners and long-term investors, as long as they factor in potential network fees during transfers.

Security

Fidelity Digital Assets takes a layered approach to securing cryptocurrencies on Fidelity Crypto. The framework begins with the pooling of client assets and continues with physical protections, network precautions, and privacy measures at the blockchain level.

At the foundation of this system is an omnibus storage structure. All client holdings are stored together in a single pool, yet balances remain individually tracked.

A practical way to picture this is by imagining a communal jar filled with quarters. Each user’s share is recorded, so withdrawing funds is done by pulling from the jar without affecting the value of individual holdings. This structure is widely used in traditional markets, helping Fidelity manage assets more efficiently.

Fidelity Crypto review: Fidelity Crypto security page.

Asset safety also depends on a split between hot and cold storage. Only a small portion of crypto remains online in hot wallets to handle trading activity, while the majority is held offline in highly secure cold storage environments. These offline reserves are kept in hardened rooms that are TEMPEST shielded and radio frequency blocked to minimize exposure to external threats.

Privacy on public blockchains is also addressed through this setup. Even though transactions are recorded on-chain, personal account details and specific holdings are kept off-chain. As a result, public transaction data cannot be directly tied to individual user holdings.

Building on these core principles, here is Fidelity Crypto’s list of security measures:

  • Cold Storage. Most assets are maintained offline in shielded facilities designed to resist electromagnetic interference and physical intrusion.
  • Hot Wallet Access. A smaller portion of funds stays online for quick withdrawals and trading activity without compromising the broader reserve.

Fidelity Crypto review: Fidelity Crypto omnibus storage.

  • On-Chain Privacy. The omnibus model ensures that personal balances are tracked internally, rather than being openly visible on the blockchain.
  • No Rehypothecation. Fidelity Crypto never lent out or pledged its assets for other purposes, thereby preserving full claim to them at all times.
  • In-House Custody. All storage and management occur within Fidelity Digital Assets rather than relying on third-party custodians.

Deposits held at FDIC-insured institutions are protected up to $250,000 per ownership category, even when held indirectly through intermediaries such as Fidelity Digital Assets.

Fidelity Crypto also takes a different approach to onboarding compared to many exchanges. Identity verification happens first through Know Your Customer (KYC) checks before an account is even created.

Personal and employment details must be submitted and approved at this stage. Only after verification do you set up your login credentials, which then protect access to your newly created account.

Taken together, these protections create a system designed to strike a balance between accessibility and resilience. Trading activity benefits from quick access to hot wallets, while the majority of funds remain safeguarded in offline storage, protected by robust privacy measures.

📚 Read More: Crypto Security Explained

Customer Support

Fidelity Crypto offers assistance through various channels to cater to different user needs. Live support is available 24/7 by phone or chat.

Calling the customer support number and requesting help with a “crypto account issue” connects you directly with Fidelity Digital Assets associates trained to resolve account‑related concerns. When an immediate resolution is not possible, follow-up is typically provided within two business days, although more time may be required if additional review is necessary.

Support also extends to the platform’s online presence. Fidelity’s social media channels respond to general inquiries in comment sections and give more detailed guidance via direct messages when required. In community spaces like Reddit, moderators contribute by linking to tutorials and official Help Desk resources that walk through common processes step by step.

Fidelity Crypto review: an example of Fidelity's customer support response on Reddit.

Text message communication remains tightly controlled to enhance security. Fidelity only sends SMS updates through your mobile service provider and never uses third‑party applications like WhatsApp or Telegram to initiate contact. Knowing these boundaries helps users recognize legitimate messages and avoid potential scams.

Based on user impressions I’ve seen, the response time was quick, and the tone felt approachable rather than scripted. The answers were clear, and even the technical details were broken down in a way that felt easy to follow. That balance of professionalism and friendliness makes the experience far less stressful during moments when urgent help is needed.

Trading Tools

A frequent question among newcomers is, "Can you buy crypto on Fidelity?" The answer is yes, and the process happens directly inside Fidelity Crypto accounts.

Trading runs almost around the clock, available 23 hours a day starting at 1:00 ET and closing at midnight. Periodic maintenance can extend downtime until 4:00 ET. However, outside of these windows, activity is seamless.

Both web and mobile platforms support crypto trading, allowing account holders to execute transactions on Fidelity.com or through the Fidelity Investments app for Android and iOS.

The list of supported coins is intentionally focused rather than extensive. Alright, so what crypto can you buy on Fidelity?

Fidelity Crypto review: Fidelity Crypto homepage.

As of writing, Bitcoin, Ethereum, and Litecoin are the only three assets available for trading in Fidelity Crypto accounts. These same cryptocurrencies are also supported within Fidelity Crypto IRAs, which are designed for retirement planning and provide tax‑advantaged ways to hold digital assets.

Eligibility requires being a US citizen over 18 years old living in a state supported by Fidelity Digital Assets. A linked brokerage IRA is mandatory to move funds into the crypto IRA, and Fidelity handles the setup automatically if one is not already in place.

Crypto transactions in Fidelity accounts rely on market and limit orders. Smart order routing technology is used to source liquidity, connecting trades to multiple providers to secure the best available execution price.

In some cases, orders are filled through multiple executions across different liquidity partners, ensuring competitive fills without requiring manual intervention from the trader.

Crypto trading is not supported in Active Trader Pro. ATP remains Fidelity’s advanced desktop platform only for equities and other assets.

User Experience

User experience plays a bigger role in platform satisfaction[1] than most people realize. In the context of this Fidelity Crypto review, many users describe the design as approachable even for newcomers to crypto investing. The layout across both web and mobile versions relies on white backgrounds accented by green action buttons, which guide attention to core tasks, such as buying or selling.

The Fidelity Investments app, which also supports Fidelity Crypto, includes a dark mode feature to reduce eye strain during nighttime use. Switching between light and dark themes helps tailor the experience to different environments. Navigation feels intuitive, with menus and tabs strategically placed so that key features remain easily accessible.

Fidelity Crypto review: Fidelity Investments on Apple Store.

While the interface feels intuitive, some aspects of usability remain limited. A notable example is the absence of a dedicated Fidelity Crypto wallet.

As of writing, the platform keeps assets in a master account and restricts transfers to external wallets like Ledger. However, the team has acknowledged this gap and confirmed that Fidelity Crypto wallet support is currently planned for future updates.

In terms of broader reception, user ratings on the Apple App Store currently sit at 4.8 out of 5 stars. Positive feedback often highlights how clean and organized the design feels. Some reviewers mention that the visual style appears slightly outdated compared to other financial apps and that certain pages take longer to load than expected.

Fidelity’s response to feedback has been proactive, particularly when addressing minor bugs or reported slowdowns. The company regularly updates its app to resolve performance issues and fine‑tune features based on user input. That consistency in updates reflects a commitment to ongoing improvement rather than leaving the interface stagnant.

Localization and Regional Adaptability

Regional availability for Fidelity Crypto is intentionally limited to ensure compliance with US financial regulations. The service is currently exclusive to US residents and cannot be accessed internationally. This narrower reach aligns with Fidelity’s focus on operating within jurisdictions where it holds proper licensing and oversight.

Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC, which underscores the platform’s institutional foundation. Licensing also plays a significant role in this context.

Fidelity Crypto review: a woman showing her driver license to a police officer.

Fidelity Digital Asset Services, LLC holds Money Transmitter licenses in more than ten US jurisdictions, including Kansas, North Dakota, and Maine. These licenses demonstrate adherence to anti‑money laundering[2] and state‑level financial security requirements.

While the service does not extend to multiple countries or currencies, concentrating on the US market enables an environment where Fidelity can meet strict compliance standards and maintain operational consistency. It also makes tax reporting and account management easier for domestic clients tied into Fidelity’s full platform.

How to Use Fidelity Crypto

Fidelity Crypto requires two linked accounts to work properly: a standard Fidelity Brokerage account and a dedicated Fidelity Crypto account. The brokerage account serves as the funding source, and the crypto account is where actual trading takes place.

Web

Before trading crypto, a brokerage account must be opened to hold your USD funds. Many Fidelity users already have one, but new customers can create it directly through Fidelity’s website. The steps below explain how to do this via the web:

STEP 1:

Head to Fidelity.com and log in with your existing profile, or create a new one if you’re just getting started.

Fidelity Crypto review: Fidelity Crypto [Open an Account] button.

STEP 2:

Once logged in, navigate to your All account page.

Scroll down and select [Open an Account].

Fidelity Crypto review: [Open an account] button on Fidelity Crypto web.

STEP 3:

Click the [See all accounts] button to bring up the full list of available options.

Fidelity Crypto review: [See all account] button on Fidelity Crypto.

STEP 4:

Select [Crypto] on the filter feature, choose the service you preferred and hit the [Open an account] button.

Fidelity Crypto review: creating a Fidelity Crypto account.

STEP 6:

Review the brief risk disclosure that appears, then select [Open an Account] once more. On the next screen, click [Let’s Go] to continue.

Fidelity Crypto review: [Let's go] button on Fidelity Crypto.

STEP 7:

When prompted, confirm that you’ll use a brokerage account as your funding source. Click [Next].

Fidelity Crypto review: Fidelity brokerage account creation.

STEP 8:

Choose whether you want an individual or joint account, then hit [Next] again.

Fidelity Crypto review: individual or joint account options on Fidelity Crypto website.

STEP 9:

Answer any questions related to employment or the securities industry. Confirm all your personal details, including SSN, phone number, and employer info.

Fidelity Crypto review: identity verification page on Fidelity Crypto.

STEP 10:

Review and accept the account agreements, then click [Open Accounts] to complete the setup.

After this step, your brokerage account will be ready to fund your crypto trades. This account will also serve as the bridge between your external bank and Fidelity Crypto.

App

Once your brokerage account is active, the next step is to enable Fidelity Crypto. You can do this through either the website or the Fidelity mobile app. The process is nearly identical on both platforms and only takes a few minutes to complete.

STEP 1:

Download or update the Fidelity Investments app to the latest version from your app store.

STEP 2:

Open the app and tap the green [Transact] button at the bottom of the main screen.

Fidelity Crypto review: [Transact] button on Fidelity Investments app.

STEP 3:

From the menu, select Open an Account.

Fidelity Crypto review: [Open an account] button on Fidelity app.

STEP 4:

On the "Let’s set up your account" screen, choose Crypto Trading, then tap [Get Started].

Fidelity Crypto review: [Get Started] button on Fidelity Investments app.

STEP 5:

Review the brief risk disclosure linked on the screen, then tap [Let’s Go] to continue.

Fidelity Crypto review: [Let's go] button on Fidelity Investments app.

STEP 6:

Confirm that a brokerage account is required and tap [Next].

Fidelity Crypto review: brokerage account creation on Fidelity Investments app.

STEP 7:

Choose your account ownership type: individual or joint. Then, tap [Next] again.

Fidelity Crypto review: individual or joint account options on Fidelity app.

STEP 8:

Enter your employment and personal details as requested, then tap [Next] to proceed.

Fidelity Crypto review: personal details submission on Fidelity Investments app.

STEP 9:

On the final screen, review the account agreements and tap [Open My Account] to activate Fidelity Crypto.

Completing this process links your brokerage and crypto accounts, enabling seamless transfers between them.

How to Deposit and Withdraw on Fidelity Crypto

Funding and withdrawals involve two stages: from bank to brokerage, and then from brokerage to crypto. Deposits start by adding USD into the brokerage account and transferring it to the crypto account. Withdrawals reverse the process. Fidelity uses the terms “Deposit” for incoming transfers and “Withdraw” or “Send” for outgoing transfers.

Depositing Funds

Receiving funds on Fidelity Crypto is simpler than it sounds. Here’s a quick walkthrough to help you complete the process:

STEP 1:

Log in to your Fidelity account via the Fidelity Investments app. Then, select [Transfer] or [Deposit].

STEP 2:

Choose your external bank account as the source and your brokerage account as the destination. Enter the deposit amount and confirm.

Fidelity Crypto review: selecting a bank account on Fidelity Crypto.

STEP 3:

Move the deposited funds from the brokerage account to the crypto account to begin trading.

Once the transfer is complete, the funds appear in your crypto account and are ready for immediate trading.

Withdrawing Crypto

To withdraw crypto from your account, follow these steps for a secure process:

STEP 1:

Access the [Withdraw] or [Send] option from Fidelity Crypto. Then, enter the recipient wallet address.

Confirm the correct blockchain network is selected (match the recipient’s network).

STEP 2:

Input the amount to send and review transaction details carefully. Once done, submit the withdrawal request and wait for confirmation on the blockchain.

Completing deposits and withdrawals in this manner ensures that funds remain traceable and compliant with Fidelity’s regulatory standards.

Sending crypto out of Fidelity requires careful attention to wallet details and network choices. Taking a few extra seconds to review each field can prevent costly mistakes during the transfer.

Evaluating Fidelity Crypto in isolation only tells half the story. Placing it side by side with popular platforms such as Binance, Bybit, and Kraken highlights what makes Fidelity unique and where it might fall behind for active traders.

Fidelity Crypto VS Bybit

Fidelity Crypto review: Bybit website.

Fidelity Crypto and Bybit cater to very different trading styles. Fidelity Crypto focuses on convenience and integration with traditional investment accounts, while Bybit is designed for active traders seeking exposure to multiple markets and high-leverage tools. Comparing their features makes it easier to see which platform aligns with specific trading goals.

Bybit stands out for its broad product lineup. The exchange supports spot, futures, options, and copy trading, providing experienced traders with the flexibility to explore various trading strategies.

Options trading is a highlight of the platform, alongside leverage of up to 200x for certain contracts. Fidelity Crypto limits its offering to spot trading for Bitcoin and Ethereum, which appeals to those who prefer straightforward buying and holding rather than active trading.

Fee structures highlight another clear difference. Bybit charges a tiered maker-taker model with 12 VIP levels, enabling fees to decrease from 0.1000% to zero for the highest-volume users.

Fidelity Crypto review: Bybit spot trading fee.

Fidelity Crypto takes a simpler approach by applying a flat 1% spread on every buy and sell order, embedded directly into the execution price. This spread has been in place since June 2023 and applies to both standard Fidelity Crypto accounts and Fidelity Crypto IRAs.

Geographic availability also separates the two. Fidelity Crypto is tailored for US residents. On the contrary, Bybit caters to a global audience but restricts trading access in the US and Canada due to regulatory rules. As a result, US investors naturally gravitate toward Fidelity, while Bybit attracts international traders seeking diverse tools and markets.

📚 Read More: Bybit Review

Fidelity Crypto VS Binance

Fidelity Crypto review: Binance website.

Binance represents one of the most feature‑packed crypto trading ecosystems, whereas Fidelity Crypto functions as a limited‑scope service within a traditional brokerage. Since Fidelity Crypto is not a dedicated cryptocurrency exchange, its trading options are limited.

That contrast makes the choice clear: those wanting comprehensive crypto tools lean toward Binance, while investors seeking basic exposure within an existing Fidelity account may find Fidelity Crypto sufficient.

Binance caters to active traders with its extensive lineup of products. Users gain access to spot, futures, options, and perpetual contracts alongside staking programs, copy trading, and trading bots.

Fidelity Crypto review: Binance options page.

These capabilities allow complex strategies that extend well beyond simple buying and holding. Fidelity Crypto prioritizes simplicity, excluding derivatives and advanced order types to maintain a straightforward path to owning Bitcoin and Ethereum.

Support experiences also diverge. Fidelity provides 24/7 assistance via phone or social media replies, connecting users directly with representatives who are trained to address crypto account issues.

Social media and Reddit communities extend this support through tutorials and official help resources. Binance offers multilingual support and an AI chatbot to efficiently handle common queries, although some users may prefer human-led assistance for more complex situations.

📚 Read More: Is Binance Safe?

Fidelity Crypto VS Kraken

Fidelity Crypto review: Kraken website.

Kraken positions itself as a full‑service crypto exchange, offering a wide variety of markets and earning options, whereas Fidelity Crypto serves as a more streamlined entry point within a traditional brokerage platform.

Fidelity Crypto’s role as a non-dedicated exchange limits its features to basic spot trading for Bitcoin and Ethereum, a stark contrast to Kraken’s extensive capabilities in futures, margin, and staking.

Kraken’s product range appeals to both retail and institutional traders. Futures and margin trading enable leveraged strategies, while spot markets cater to straightforward buy‑and‑hold approaches.

Fidelity Crypto review: derivatives trading on Kraken.

Its premium OTC desk supports large trades without impacting market prices, and opt-in reward programs let users earn on idle balances of Bitcoin, USD Coin, and Tether, in addition to staking opportunities. Fidelity Crypto, by comparison, offers no staking or yield‑earning features.

Fee structures further distinguish the two platforms. Kraken operates on a tiered schedule based on 30-day trading volume in USD, offering reduced costs for high-volume traders. By comparison, Fidelity Crypto uses a spread that eliminates commissions.

📚 Read More: Kraken Review

Fidelity Crypto VS Coinbase

Fidelity Crypto review: Coinbase website.

Coinbase appeals to both new and experienced traders through a dual approach. Its standard platform is easy to use for beginners, while Coinbase Advanced caters to users who want professional tools such as advanced order types and charting.

The platform is widely available in regions like the United States and the United Kingdom, although access remains limited in some countries due to regulatory requirements. Fidelity Crypto, by contrast, operates within its brokerage framework. The Fidelity crypto list itself is short, currently covering only Bitcoin, Ethereum, and Litecoin.

The difference in fee models also plays a major role in evaluating Fidelity Crypto fees VS Coinbase. Fidelity applies a fixed 1% spread to every transaction, embedding the cost into the execution price.

Fidelity Crypto review: Coinbase Advanced website.

Coinbase charges variable fees that depend on the payment method, starting at 1.49% for standard purchases and rising to 3.99% when using credit cards. Deposits and withdrawals follow their own schedules, such as free bank transfers in the United States and €0.15 SEPA withdrawals in Europe.

Accessibility and language support highlight further contrasts. Coinbase supports multilingual interfaces across its website and app, supporting users worldwide.

Therefore, users seeking a global reach and multilingual access may lean toward Coinbase, while those prioritizing integration with an existing Fidelity account might prefer Fidelity Crypto’s simpler framework.

📚 Read More: Coinbase Review

Fidelity Crypto VS Robinhood

Fidelity Crypto review: Robinhood website.

Fidelity Crypto and Robinhood share a similar platform concept. Both integrate cryptocurrency within broader financial services rather than functioning as dedicated crypto exchanges.

This setup is ideal for users who manage investments, such as stocks and retirement accounts, in one place and prefer occasional trades in Bitcoin or Ethereum over specialized trading platforms.

Their approaches to security and regulation differ in key areas. Robinhood operates under US oversight through the SEC and FINRA and stores part of users' crypto in cold storage to reduce hacking risks. Uninvested cash swept into partner banks is FDIC-insured up to 2.5 million, which benefits users who keep cash on hand between trades.

Fidelity Crypto review: Robinhood fees.

Meanwhile, Fidelity Crypto employs a layered security framework based on its omnibus storage model, with the majority of assets stored offline in TEMPEST-shielded facilities and only a small portion held in hot wallets for active trading.

An investigation announced on July 9, 2025, adds context to evaluating Robinhood’s crypto service. Florida Attorney General James Uthmeier questioned the company’s claims of having the lowest prices, pointing to its payment for order flow model that could lead to higher effective trade costs. Readers comparing Fidelity Crypto VS Robinhood may want to factor this into decisions about pricing transparency.

📚 Read More: Is Robinhood Safe?

Kraken Review
Pros
  • Secure and reliable
  • Accepts fiat currencies
  • Lots of trading options
Main Features
  • Reputable exchange
  • Accepts fiat currencies
  • Offers various trading options
Crypto.com Review
Pros
  • Beginner-friendly
  • Secure
  • Decent trading and withdrawal fees
Main Features
  • Crypto.com Visa Card
  • Automated tools & bots
  • Ecosystem synergy with CRO
Coinbase Review
Pros
  • Accepts fiat currencies
  • Simple to use
  • Supports only trusted cryptocurrencies
Main Features
  • A leading cryptocurrency exchange platform
  • Best for all type investors
  • Accepts fiat currencies

Conclusions: Is Fidelity Crypto Right for You?

If there’s one thing that stands out in my Fidelity Crypto review, it’s that this platform is designed for users who want quick access to crypto within a trusted brokerage account. Its integration with traditional investments, straightforward fee structure, and US regulatory oversight make it appealing for those who prefer stability over high-risk trading environments.

So, is Fidelity crypto good for your goals? I’d say it works well for newcomers and long-term investors who value security and familiar account management, although it lacks advanced tools and a broad range of coin options. For many, it’s a simple way to hold Bitcoin or Ethereum alongside existing retirement or stock portfolios.

If managing crypto and stocks in one place sounds appealing, give Fidelity Crypto a go. For a more active trading experience, exchanges like Binance and Bybit might be more your style.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

1. Albayati, H., Suk Kyoung, K., Jae Jeung, R.: ‘A Study on the Use of Cryptocurrency Wallets From a User Experience Perspective’;

2. Bhasker, S., Grady, M. P., Mosley, K. G.: ’Cryptocurrency and Anti-Money Laundering Enforcement and Regulation’.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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FAQ

How does Fidelity Crypto compare to Binance and Bybit?

Several Fidelity Crypto user reviews highlight how it targets a distinctly different audience than Binance and Bybit. Fidelity emphasizes simplicity and integrates crypto with existing brokerage accounts. In contrast, Binance and Bybit attract active traders by offering futures, options, and copy trading. Fidelity supports only spot trading for major cryptocurrencies, while other platforms cater to users seeking leverage, broader market access, and advanced features such as staking or algorithmic trading tools.

Are Fidelity Crypto fees higher than Coinbase?

User Fidelity Crypto reviews often highlight that Fidelity charges a 1% fee on crypto trades, while Coinbase fees vary by payment method, starting at around 1.49% for standard purchases. Looking at the Fidelity Crypto fees VS Coinbase debate, Fidelity’s flat rate may be easier to understand, but it could result in slightly higher costs for certain transaction sizes. Coinbase also offers a wider range of coins, allowing users to weigh fees against the availability of specific coins and additional features.

Does Fidelity have crypto trading features?

Users often ask, "Does Fidelity have crypto trading features beyond simple buying and selling?" The answer is: Fidelity offers basic spot trading for Bitcoin, Ethereum, and Litecoin directly on its web and app, designed mainly for long-term holders. However, features like margin trading, futures, or staking are not available. This simplicity makes Fidelity approachable for beginners or retirement-focused investors, but some traders might prefer platforms with more robust options for technical analysis or diversified strategies.

How does Fidelity Crypto compare to Robinhood?

The Fidelity Crypto VS Robinhood comparison comes up often for users seeking low-fee crypto access within familiar finance apps. Fidelity prioritizes regulated custody and seamless integration with brokerage accounts, making it an ideal choice for investors focused on retirement plans. Robinhood, meanwhile, appeals to traders with commission-free crypto trading and support for more coins.

Is Fidelity Crypto good for new investors?

One frequent question is, "Is Fidelity Crypto good for beginners exploring the crypto market?". The answer leans toward yes, especially for those who value regulated environments and familiar account management. It simplifies the process by integrating cryptocurrency with traditional investments, such as IRAs. However, its minimal features and lack of altcoin options might not satisfy users seeking growth through niche coins or active trading strategies.

What crypto can you buy on Fidelity?

Many users ask, “What crypto can you buy on Fidelity?”, and the lineup remains narrow as of writing. Fidelity supports only Bitcoin, Ethereum, and Litecoin, positioning them as one of the most established options for cautious investors. The platform has not expanded to altcoins or stablecoins, focusing on these assets to simplify regulatory compliance and portfolio integration. For those who already hold retirement or brokerage accounts, this minimal selection still offers a straightforward entry into crypto.

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