Fidelity Crypto vs Copper

Fidelity Crypto (exchange and brokerage) and Copper (dedicated custody) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? The scores are close — Fidelity Crypto at 74/100 (B) and Copper at 70/100 (B-). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.

Where Each Platform Wins

On custody and security, these two are within 2 points of each other (70 vs. 72). When custody scores are this close, look at the specifics: key management model, insurance coverage, and whether either platform has a single point of failure. On fees, Fidelity Crypto wins by 5 points. Fidelity Crypto charges 1% spread compared to Custom at Copper. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators. Fidelity Crypto's strongest advantage is in ease of use (85 vs. 65), where Fidelity Crypto's user experience and onboarding flow makes a measurable difference.

The Custody Question

Neither Fidelity Crypto nor Copper has fully eliminated single-point-of-failure risk. Fidelity Crypto uses Single Custodian and Copper uses MPC + ClearLoop. Both models leave your bitcoin exposed to custodial concentration risk — if that one entity fails, your bitcoin could be locked, seized, or lost. For long-term holders, this is the most important factor to weigh.

Bottom Line

Fidelity Crypto edges out Copper by 4 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize trusted brand. integrated with existing fidelity accounts. over off-exchange settlement via clearloop. mpc technology.. Keep in mind these platforms target different audiences — Fidelity Crypto is built for traditional, while Copper serves institutions. One thing to watch with Copper: mpc is not multisig. single technology provider. uk-based..