Summary: Betterment customers that wish to invest in cryptocurrencies like Bitcoin and Ethereum should consider signing up with FinCEN regulated platforms such as eToro. This user-friendly platform is perfect for beginners and offer 1,000s of digital assets while being regulated in the US. The sign-up process is fast and easy, and once completed, you can deposit money securely from your bank account to start investing in cryptos like BTC, ETH, SOL, ATOM, ADA, DOGE and more!
+3000 Cryptos, Stocks, ETFs
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For Betterment customers who are interested in acquiring cryptocurrencies, such as Bitcoin, it is recommended to register with reputable exchanges such as eToro.
While Betterment offers indirect cryptocurrency investment options through its index portfolios, these come with substantial fees.
To get started with trading cryptocurrencies, the first step is to sign up for a safe and regulated exchange such as eToro.
This platforms is highly recommended as it's beginner-friendly and easy to navigate while offering a wide range of 100s of cryptocurrencies.
Once you have successfully signed up and connected your Bank account, you can make your first deposit.
It's worth noting that bank deposits (ACH) are free of charge whereas credit/debit card transfers come with small fee.
Once your deposit has been processed and funds have been successfully credited to your account, you can start trading cryptocurrencies such as Bitcoin, Ethereum, Solana, and many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Betterment account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Yes, Betterment can be considered crypto friendly as it offers investment options in cryptocurrencies. The investment options are however limited to index portfolios rather than direct exposure to specific cryptocurrencies.
Betterment only offers investing in cryptocurrencies through index funds. This means that customers don’t have direct ownership of specific cryptocurrencies but instead have exposure to a diversified basket of cryptocurrencies.
Betterment does offer a self-directed individual retirement account (IRA) option, but it does not currently offer a dedicated cryptocurrency IRA. Customers can invest in a cryptocurrency index portfolio as part of their self-directed IRA.
Betterment was founded in 2008 in New York City and is a digital investment advisor that provides investment management and financial planning services. Betterment offers a range of investment products and services, including:
1. Taxable investment accounts for long-term wealth growth.
2. Retirement accounts that offer Roth IRAs, SEP IRAs, and Solo 401(k)s.
3. Portfolio options that include exchange-traded funds (ETFs).
4. Financial planning tools such as retirement calculator, tax-loss harvesting and more.
5. Digital personalized investment advisors to assist with financial planning.
6. Cash management account with a competitive interest rate.
Overall, Betterment is a trusted and reputable digital investment advisor that provides a range of investment and financial planning services to individual investors. Betterment has over $30 billion in assets under management and over 1 million customers across the US.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
