Can I transfer money from my Deferred Compensation Plan to buy Bitcoin?

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I have money in a Deferred Comp plan and want to use it to buy Bitcoin.

user63336

Posted 2017-11-01T20:56:48.620

Reputation: 1

Question was closed 2017-11-02T07:59:15.077

You can use money to buy Bitcoin by using a Bitcoin exchange. I don't know what a DCP is, but what you can use that money for is not a question relating to Bitcoin, so I'm voting to close this.Highly Irregular 2017-11-01T21:40:25.417

That sounds like something only the manager/organizer of your DCP would be able to answer or arrange, so as @HighlyIrregular said this is off-topic here I'm afraidMeshCollider 2017-11-02T07:59:09.900

Answers

1

You can, but maybe you shouldn't.

Don't buy Bitcoin using money that you can't afford to lose.

Nick ODell

Posted 2017-11-01T20:56:48.620

Reputation: 26 536