If you are a trader or investor in the United States looking to buy crypto using your Etrade account, you are out of luck. Unfortunately, the Etrade App does not offer any native support for users to invest or start trading Bitcoin, Ethereum, Dogecoin or any other cryptocurrencies.
As it stands, the only way to get exposure to cryptocurrencies via the Etrade app is to invest in crypto orientated companies that are publicly listed on the stock market. Relevant stocks would include:
If you are an investor in the United States looking to buy real digital assets, we would suggest using a tailor made crypto investment platform like eToro.
While you cannot buy Crypto on Etrade, you can trade crypto futures contracts on the platform via the Chicago Mercantile Exchange (CME).
Even though this effectively gives investors exposure to assets like Bitcoin, it is not a recommended way to trade as it is incredibly risky.
If you are interested in trading crypto stocks like Coinbase or Microstrategy, eTrade charges no fees.
For investors looking to trade futures contracts, there is a charge of $1.50 per trade.
We recommend using a trusted cryptocurrency exchange that will let you withdraw your Bitcoin, Ethereum, Dogecoin and other assets into cold storage. In our view, eToro is the best and safest in the United States.
If you sign up with this link, you will get $10 free when you buy your first $100 of cryptocurrencies.
Etrade users cannot buy Dogecoin on the platform as at time of writing. Instead, investors will need to leverage a multi-coin cryptocurrency exchange like eToro to buy DOGE.
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