I’m invested in crypto in ready for the events coming in the next few years. My strategy is simply buy and hold over that time.
All of my holdings are in BITW via my Fidelity investor account.
Fidelity has reached out and asked me if I would be interested in lending my BITW to them in exchange for an interest rate.
Meanwhile, fraud has caused me to be paranoid.
Can you direct me to info I can study to better understand the risks associated with doing this?
I’ve got piles of fidelity documents I need to read before I sign up for this program, but it’s heavy reading.
Securities lending is common. Many investors view it as an opportunity to increase their gains by several percentage points a year. Entirely up to you. Talk with the firm to fully understand the risks.