Fidelity Rolls Out Litecoin Deposits for Crypto Accounts
- masterbtcltc
- Jul 1
- 2 min read
Big news for Litecoin users. Fidelity Investments, a trusted name in finance, now lets you deposit Litecoin directly into your Fidelity Crypto account, natively using actual Litecoin addresses. This makes it much easier to move money around using the Litecoin network alongside your traditional investments, and it’s a huge step for Litecoin’s adoption.
Fidelity is rolling out this feature to customers through email invitations, so keep an eye on your inbox. To get started, you’ll need a Fidelity Crypto account linked to a brokerage account and must live in a state where Fidelity Digital Assets operates. You’ll also need to step up your security game by enabling two-factor authentication (2FA) through an authenticator app, like Google Authenticator, for added protection. Watch this video to learn how to open a Fidelity Crypto account. It’s a little outdated, as since then they have added Fidelity Crypto IRAs and native transfers are rolling out now.
Plus, Fidelity requires an increased level of identification to ensure your account is secure before you can deposit Litecoin. As with any Litecoin transfer, verify at a minimum the first and last characters of the address, and it’s usually best to copy and paste.
Fidelity suggests doing a small test transfer, like under a dollar, to confirm the address works before sending larger amounts. There’s no minimum deposit, but the wallet you’re sending from might charge fees or set its own limits. Note that Fidelity Crypto IRAs can’t handle these transfers yet.
This is an exciting moment for Litecoin holders, showing Fidelity’s ongoing commitment to enabling Litecoin along with Bitcoin and Ethereum. Check your email for Fidelity’s invite and visit their website for more details.
You can also purchase Litecoin on Fidelity in both your Fidelity Crypto and Fidelity Crypto IRA easily.
Want to learn more about Litecoin? Fidelity has a 5-minute read on it here
States with Both Fidelity Crypto® Accounts and Fidelity Crypto® for IRAs.
These states allow custody, trading, and (where enabled) transfers with external wallets for both account types:
Alabama
Arkansas
Colorado
Delaware
Florida
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Massachusetts
Michigan
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New York
North Dakota
Ohio
Oklahoma
Pennsylvania
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
Wisconsin
Wyoming
States with Only Fidelity Crypto® Accounts.
These states allow custody, trading, and (where enabled) transfers for Fidelity Crypto® accounts, but Fidelity Crypto® for IRAs is not available:
California
Oregon
States with Neither Fidelity Crypto® Accounts nor Fidelity Crypto® for IRAs.
These states and territories currently have no access to either service:
Alaska
Arizona
Connecticut
Georgia
Guam
Hawaii
Louisiana
Maryland
Minnesota
New Mexico
North Carolina
Puerto Rico
Rhode Island
U.S. Virgin Islands
Washington D.C.
West Virginia
State with Limited Crypto Account Access
Maine: Offers custody and trading for both Fidelity Crypto® accounts and Fidelity Crypto® for IRAs, but cryptocurrency transfers with external wallets are not currently available for Fidelity Crypto® accounts.
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