How to Buy Crypto with Betterment

Can I Buy Bitcoin with Betterment? 

Betterment solely extends cryptocurrency trading services as portfolios with a limited share of digital coins. This is why we recommend using a legitimate, regulated cryptocurrency trading platform in the United States to buy digital currencies like Bitcoin. Selecting an exchange authorized by the Financial Crimes Enforcement Network (FinCEN) is crucial to ensure asset security and compliance with the country's regulatory bodies.

‍

How to Buy Bitcoin and Crypto with Betterment

The most effortless way US investors can trade Bitcoin and other digital assets is through a licensed and regulated trading platform like eToro. There are various quick and easy options for depositing USD, including direct transfer, PayPal, Skrill, and credit/debit cards. 

Here is a four-step guide to buying Bitcoin and crypto:

1. Sign up for free with eToro US and verify your identity.
2. Click the 'Deposit Funds' button and choose a payment method.
3. Deposit US Dollars to the eToro platform.
4. Find the digital currency you want in the search bar and execute the trade.

‍

Betterment Cryptocurrency Policy?

Betterment, a renowned robo-advisor, supports cryptocurrencies by offering diversified cryptocurrency portfolios. This service allows investors to diversify into digital assets including Bitcoin, Ethereum, and emerging cryptocurrencies, recognizing their potential for high returns.

This inclusion of digital assets reflects Betterment's innovative approach and readiness to adapt to the rapidly changing financial landscape. Despite the convenience offered, investors should consider the inherent risks and volatility of cryptocurrencies, and conduct thorough research before investing.

‍

What Is Betterment? 

Betterment is a financial advisory company founded in 2008 and headquartered in New York, offering a personal finance application that streamlines investing, banking, and saving for Americans. The platform empowers users to invest in stocks and bonds, establish automatic investments, and access financial advice. Betterment is dedicated to bolstering the financial health of the average American through simplified investment opportunities and education.

As a dependable financial ally, Betterment offers a smooth trading experience. For climate-conscious investors, the platform curates a selection of socially-responsible portfolios. Betterment's application surpasses conventional investing platforms by incorporating features like fractional share investing, broadening its accessibility, particularly for those on a budget. With its high-yield cash savings account, customers can grow their rainy-day funds without locking them in. 

‍

Final Thoughts 

In conclusion, while Betterment offers a limited exposure to cryptocurrency through its diverse portfolios, it does not provide a direct platform to buy Bitcoin or other cryptocurrencies. For those who seek more direct and expansive trading options, licensed and regulated trading platforms, such as eToro, present a more comprehensive solution. These platforms not only offer a wider selection of digital assets but also ensure your trades comply with regulatory bodies like FinCEN. However, remember that all investments carry risks and the highly volatile nature of cryptocurrencies demands informed decision-making.