ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Interactive Brokers Expands Crypto Trading Again with Additional Tokens

Trade Chainlink, Avalanche and Sui Alongside Stocks, Options, Futures, and More - All on One Platform

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the addition of new cryptocurrency tokens to its trading platform: Chainlink (LINK), Avalanche (AVAX), and Sui (SUI). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE), providing investors access to an extensive suite of popular digital assets. LINK, AVAX and SUI are available to clients with an account at Zero Hash LLC.

Eligible clients of Interactive Brokers LLC (IB LLC) can seamlessly trade crypto on the same platform they use for stocks, options, futures, currencies, bonds, mutual funds, and more across 160+ global markets. This platform empowers investors to establish spot cryptocurrency positions and hedge their exposure with crypto futures, options, and ETFs. A unified interface also displays all balances and positions in a single view, simplifying portfolio and cash management.

“Recognizing the growing popularity of cryptocurrency trading, we continue to expand the number of digital assets available on our platform,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “With Interactive Brokers, allocating a percentage of an investment portfolio to digital assets is simple and competitively priced, and investors can now access a broader range of tokens alongside the many other asset classes available on our platform.”

Cryptocurrency trading costs at Interactive Brokers are amongst the lowest in the industry. Based on monthly volume, commissions range from 0.12% to 0.18% of trade value, with a minimum of just $1.75 per order. Clients pay no added spreads, markups, or custody fees, ensuring transparent pricing on every trade. The cryptocurrency trading costs available to Interactive Brokers clients are less than those of leading cryptocurrency exchanges and online brokers. A cryptocurrency cost comparison chart is available here: Cryptocurrency Trading (IB LLC)

“Our infrastructure is purpose-built to support sophisticated trading platforms such as Interactive Brokers as they scale their digital asset offering,” said Edward Woodford, Founder and CEO of Zero Hash. “By enabling seamless access to tokens including Chainlink, Avalanche, and Sui, we're pleased to help IBKR continue to expand its crypto lineup in a way that meets the expectations of active and diversified investors.”

Clients trading crypto through the Interactive Brokers platform can:

  • Hold both USD and cryptocurrencies in their crypto trading account
  • Trade cryptocurrencies 24/7
  • Place non-marketable limit orders for greater control over execution
  • Withdraw crypto to an external wallet for added flexibility

Explore Cryptocurrency trading on Interactive Brokers' platform at:

US: Cryptocurrency Trading (US and countries served by IB LLC)

The best-informed investors choose Interactive Brokers

Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services.

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others.

“Recognizing the growing popularity of cryptocurrency trading, we continue to expand the number of digital assets available on our platform,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers.

Contacts

Contacts for Interactive Brokers Group, Inc.

Media: Katherine Ewert, media@ibkr.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.