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How can I use an interactive brokers custodian account to trade cryptocurrencies?

avatarNandhini DanduDec 26, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use an interactive brokers custodian account to trade cryptocurrencies?

How can I use an interactive brokers custodian account to trade cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    No problem! Here's a step-by-step guide on how to use an interactive brokers custodian account to trade cryptocurrencies: 1. First, open an account with Interactive Brokers and complete the necessary registration process. 2. Once your account is set up, deposit funds into your custodian account. 3. Log in to the interactive brokers trading platform and navigate to the cryptocurrency section. 4. Choose the cryptocurrency you want to trade and select the trading pair. 5. Decide on the order type and enter the amount you wish to buy or sell. 6. Review your order details and confirm the trade. 7. Keep an eye on your trade and manage your positions through the interactive brokers platform. That's it! You can now use your interactive brokers custodian account to trade cryptocurrencies.