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Crypto Investing · Tool Face-Off

Fidelity Crypto vs Robinhood Crypto

Quick answer

Fidelity Crypto suits serious investors who want institutional-grade custody and a trusted brokerage name. Robinhood Crypto wins on simplicity, a slicker app, and no-commission vibes — but watch the spread.

Our pick
Fidelity Crypto
Old-money brokerage dips its toes in Bitcoin
3.8★
VS
Robinhood Crypto
Zero-commission vibes, crypto edition
3.7★
Trading Commission
1% spread on trades
0% commission (spread ~0.5-2% baked in)
Supported Coins
~10 coins (BTC, ETH, LTC, BCH, others)
~25+ coins
Crypto Withdrawals (to wallet)
No — custodied internally
Yes — non-custodial wallet available
Custody Model
Fidelity Digital Assets (proprietary cold storage)
Third-party custodians, some self-custody via wallet
Minimum Investment
$1
$1
Crypto in Retirement Accounts
Yes — Bitcoin IRA available
No crypto IRA
Regulatory Standing
SEC-registered, FINRA member, long track record
FINRA member; past SEC/FINRA fines on record
Mobile App Rating (approx.)
~4.4 App Store
~4.7 App Store
Stock + Crypto in One App
Yes — full brokerage integration
Yes — stocks, options & crypto unified
Crypto Staking/Rewards
No staking offered
Limited staking (ETH staking available)
24/7 Crypto Trading
Yes
Yes
SIPC / Asset Protection
SIPC covers securities; crypto covered by Fidelity's own insurance
SIPC covers securities; crypto not SIPC-insured

Fidelity Crypto

Ease of Use★★★½☆
Coin Selection★★☆☆☆
Pricing & Fees★★★½☆
Regulatory Trust★★★★★
Mobile Experience★★★☆☆
Security & Custody★★★★★
Integrations with Portfolio★★★★½

Robinhood Crypto

Ease of Use★★★★★
Coin Selection★★★½☆
Pricing & Fees★★★½☆
Regulatory Trust★★★☆☆
Mobile Experience★★★★★
Security & Custody★★★☆☆
Integrations with Portfolio★★★☆☆

Worth knowing

Fidelity started researching Bitcoin in 2014 — back when most Wall Street suits thought it was a joke. They were quietly mining BTC while publicly saying nothing. Bold.

If you want

You want maximum institutional trust and don't care about altcoins

Fidelity's custody, regulatory history, and Bitcoin IRA option are unmatched for conservative long-term holders.

→ Pick Fidelity Crypto
If you want

You're a beginner who wants a slick app and more coin variety

Robinhood's UX is genuinely great and 25+ coins with wallet withdrawal gives you more flexibility to explore.

→ Pick Robinhood Crypto
If you want

You want to actually control your own crypto keys

Robinhood's standalone crypto wallet supports self-custody; Fidelity keeps your coins on your behalf, full stop.

→ Pick Robinhood Crypto
If you want

You want crypto inside a retirement account

Fidelity is one of the very few major brokerages offering a Bitcoin IRA — Robinhood has no equivalent.

→ Pick Fidelity Crypto
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