April 23, 2025
Blockchain

Interactive Brokers Expand Cryptocurrency Trading

  • August 10, 2022
  • 0

Broker Interactive Brokers announced the transition of digital asset trading to 24/7 mode and adding additional coins to the list in addition to Bitcoin, Ethereum, Litecoin, and Bitcoin

Interactive Brokers Expand Cryptocurrency Trading

Interactive Brokers Expand Cryptocurrency Trading
Interactive Brokers Expand Cryptocurrency Trading

Broker Interactive Brokers announced the transition of digital asset trading to 24/7 mode and adding additional coins to the list in addition to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

Technical support is provided by Paxos. Fiat account deposits are available during US business hours.

“Customers have an easy and inexpensive way to access the crypto market at any time. With the option of additional pre-financing, they have more flexibility in responding to market events and managing their risk.” said Steve Sanders, vice president of marketing and product development at Interactive Brokers.

The commission for transactions with digital assets ranges from 0.12% to 0.18% of the transaction value, depending on the monthly volume, but cannot be less than $1.75. No fees are charged for custody services, no additional spreads are provided.

Recall that Interactive Brokers launched cryptocurrency trading in September 2021.

In July 2022, an online broker M1 Finance introduced a similar service.

Earlier, it was announced that the possibility of trading cryptocurrencies has been added by rival Avenue Securities.

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Source: Fork Log

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