How to invest in the US market using cryptocurrencies

By November 24, 2020 No Comments

A new broker has been calling the attention of the market in the last months. Passfolio Securities is a US registered broker-dealer available in more than 170 countries that’s democratizing investment opportunities. Passfolio offers a mobile app and web platform that allow users to fund their accounts with local deposit methods to invest in 3,800+ US stocks, ETFs and REITs from the US market, all with no commission fees* and with no account minimums to start.*

But the Passfolio app has a feature that differs itself from other investing platforms – it allows investors to fund their accounts using cryptocurrencies, through Passfolio Financial*. 

Passfolio makes it possible for users to fund their accounts using cryptocurrencies by first converting them into dollars through Passfolio Financial, then moving the dollar proceeds to their brokerage accounts at Passfolio Securities, where users are then able to buy stocks. This way, investors can deposit Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash and other cryptocurrencies and access the US market.

What cryptocurrencies are available at Passfolio?

Here’s the full list of cryptocurrencies supported by Passfolio (through Passfolio Financial*). You can deposit and trade all of them in the app:

  • Bitcoin (BTC)
  • Ether (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Zcash (ZEC)
  • Filecoin (FIL)
  • 0x (ZRX)
  • Aave (AAVE)
  • Amp (AMP)
  • Basic Attention (BAT)
  • Balancer (BAL)
  • Chainlink (LINK)
  • Compound (COMP)
  • Curve (CRV)
  • Dai (DAI)
  • Decentraland (MANA)
  • Kyber Network (KNC)
  • Maker (MKR)
  • Orchid (OXT)
  • Pax Gold (PAXG)
  • Ren (REN)
  • Storj (STORJ)
  • Synthetix (SNX)
  • Uma (UMA)
  • Uniswap (UNI)
  • Yearn Finance (YFI)

How to invest in the US stock market with Passfolio

If you want to invest in your favorite companies from the US market, like Amazon, Google, Microsoft and many others, you can use Passfolio Securities for that.

To get started, you can sign up with Passfolio Securities using this link. It only takes a short amount of time to create an account!

Then, you can download the Passfolio app on your phone to start investing in the US stock market. And the best part – for US stock trades, Passfolio Securities offers commission-free* trading for assets priced at $5 or more. You can check all other fees that may apply in Passfolio’s website: http://passfolio.us/fees 

If you need any help, Passfolio offers responsive support in English, Portuguese or Spanish through support@passfolio.us 

Sponsored article by Passfolio

* Disclosures:

Passfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc. Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure. Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker dealer. Cryptocurrencies are not protected by either FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. To purchase securities using cryptocurrencies, you must first convert it into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities.

Securities less than $5 cost $0.02/share. Please see Passfolio’s disclosures on other charges.

Please see Passfolio’s fractional shares disclosure.