Interactive Brokers Expands its Crypto Trading Offerring
Brokerage company Interactive Brokers has announced the transition of digital asset trading to 24/7 mode and the addition of additional coins to the current offering, which includes Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
According to the press release, technical support is provided by Paxos. Fiat account deposits are available during US business hours.
Steve Sanders, vice president of marketing and product development at Interactive Brokers, has commented:
“Customers have an easy and inexpensive way to access the crypto market at any time. With the added pre-funding option, they have more flexibility in responding to market events and managing their risk.”
The commission for transactions with digital assets ranges from 0.12% to 0.18% of the transaction value, depending on the monthly volume, but not less than $1.75. There is no fee for custodial services, no additional spreads are provided.