Digital assets are characterized by speculation and high volatility, which may lead to illiquidity unexpectedly, catering to individuals with a high threshold for risk. Potential investors in digital assets are warned that the entirety of their investment could be lost.
Fidelity Digital Asset Services, LLC, oversees custody and trading of digital assets, operating as a limited liability trust company sanctioned by the New York Department of Financial Services (NMLS ID 1773897) or Fidelity Digital Assets, Ltd. The latter is authorized by the U.K. Financial Conduct Authority for specific cryptoasset activities in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. However, it should be noted that the activities related to cryptoassets conducted by Fidelity Digital Assets, Ltd., do not fall under the jurisdiction of the Financial Ombudsman Service and the Financial Services Compensation Scheme. Fidelity Digital Assets, along with its logo, are recognized service marks of FMR LLC.
Copyright © 2023 FMR LLC. All rights reserved.
875962.4.1
Overview
Fidelity Digital Assets is a Freeware software in the category Business developed by Fidelity Digital Asset Services.
The latest version of Fidelity Digital Assets is 3.1.0, released on 05/19/2024. It was initially added to our database on 05/19/2024.
Fidelity Digital Assets runs on the following operating systems: iOS.
Users of Fidelity Digital Assets gave it a rating of 4 out of 5 stars.
Pros
- Fidelity is a well-established and reputable financial institution, providing a sense of security and trust.
- Provides custody services for cryptocurrencies, making it safer for institutional investors to store their digital assets.
- Offers a dedicated team of experts to help clients navigate the complexities of cryptocurrency investments.
- Provides access to a wide range of digital assets, allowing for diversification within a single platform.
- Utilizes industry-leading security measures to protect clients' digital assets from hacking and theft.
Cons
- Designed specifically for institutional investors, making it less accessible for individual retail investors.
- Fees associated with using the service may be high compared to other cryptocurrency exchange platforms.
- Limited availability in terms of supported cryptocurrencies compared to other exchanges.
- Complex user interface may be intimidating for new users who are unfamiliar with cryptocurrencies.
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