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What is the latest update on interactive brokers availability for crypto assets?

avatarSAMYAK KHADSEDec 24, 2021 · 3 years ago3 answers

Can you provide the latest information on the availability of crypto assets on Interactive Brokers?

What is the latest update on interactive brokers availability for crypto assets?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    As of the latest update, Interactive Brokers does not currently offer direct trading of crypto assets. However, they do provide access to Bitcoin futures trading on the Chicago Mercantile Exchange (CME). This means that while you cannot buy or sell actual cryptocurrencies on Interactive Brokers, you can trade Bitcoin futures contracts. It's important to note that trading futures involves a different level of risk compared to spot trading of cryptocurrencies. Make sure to do your research and understand the risks involved before engaging in Bitcoin futures trading on Interactive Brokers.
  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, Interactive Brokers does not support direct trading of crypto assets at the moment. They have not made any official announcements regarding plans to add support for cryptocurrencies. However, they do offer a wide range of traditional investment options, including stocks, bonds, and options. If you're interested in investing in cryptocurrencies, you may need to consider other platforms that specialize in crypto trading.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a digital asset exchange, is one platform that offers a wide range of crypto assets for trading. They have a user-friendly interface and provide access to a variety of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. BYDFi also offers features such as margin trading and staking, allowing users to maximize their potential returns. If you're looking for a platform that supports crypto asset trading, BYDFi is worth considering.