Cryptocurrency Q&A
Can you hold USD in Questrade?
Can you hold USD in Questrade?
CryptoMystic
Tue Dec 17 2024
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6 answers
1345
I am considering investing in Questrade and I am wondering if it is possible to hold US dollars in my account there. I want to know if Questrade allows me to keep USD without immediately converting it to Canadian dollars.
6 answers
JejuJoyful
Thu Dec 19 2024
This dual-currency support provides investors with the flexibility to diversify their portfolios across different currencies.
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CryptoElite
Thu Dec 19 2024
As a result, investors may find themselves needing to exchange currencies within their Questrade accounts.
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Raffaele
Thu Dec 19 2024
Currency exchange can be necessary depending on the investments an investor chooses to make.
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DaeguDivaDanceQueenElegantStride
Thu Dec 19 2024
Questrade accounts offer a unique feature that allows investors to trade in both Canadian and U.S. Dollars.
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amelia_martinez_engineer
Thu Dec 19 2024
For instance, if an investor wants to buy a U.S.-based stock, they may need to convert their Canadian Dollars into U.S. Dollars.
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