Interactive Brokers Expands Cryptocurrency Trading
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today introduced the ability for customers to access 24/7 crypto trading through an enhanced web application available from Paxos Trust Company. Clients who elect to manage the funding of their crypto account themselves can pre-fund their crypto accounts at Paxos during regular US banking hours and then trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), plus additional coins around the clock.
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New Crypto Web Application Available from Paxos Trust Company (Photo: Business Wire)
"This gives our clients a simple and low-cost way to access crypto markets at any time," said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. "With the added ability to pre-fund accounts, our clients have greater flexibility to react to market events and manage their cryptocurrency exposure."
The new features let clients:
The new crypto features are available to US residents and clients of Interactive Brokers in over 100 countries with individual or joint accounts, as well as certain types of institutional accounts. In addition, clients of Interactive Brokers can trade crypto alongside stocks, options, futures, bonds, and funds on a single unified platform. Cryptocurrency trading is available through the company's trading platforms, including Trader Workstation, Client Portal, IBKR Mobile, and IBKR GlobalTrader, IBKR's simple new mobile app for global stock trading, as well as through the Paxos web application.
For more information, visit ibkr.com/crypto.
About Interactive Brokers Group, Inc.: