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Which IBKR account type offers the lowest fees for buying and selling cryptocurrencies?

avatarJoseph Jo oDec 25, 2021 · 3 years ago3 answers

I am looking for an IBKR account type that offers the lowest fees for buying and selling cryptocurrencies. Can you provide me with information on which account type would be the best option for minimizing fees?

Which IBKR account type offers the lowest fees for buying and selling cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The IBKR Lite account type is the best option for minimizing fees when buying and selling cryptocurrencies. With IBKR Lite, you can enjoy commission-free trades on US-listed stocks and ETFs, including cryptocurrencies. This means you won't have to worry about paying any fees for your cryptocurrency transactions. It's a great choice for cost-conscious traders who want to save on fees while investing in cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    If you're specifically interested in buying and selling cryptocurrencies, the IBKR Pro account type may be a better option for you. While there are fees associated with trading cryptocurrencies with IBKR Pro, the account type offers access to a wider range of trading options and advanced trading tools. If you're an active trader who wants more control and flexibility in your cryptocurrency trading, the IBKR Pro account type could be the right choice for you.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers competitive fees for buying and selling cryptocurrencies. With BYDFi, you can enjoy low trading fees and a user-friendly trading interface. It's a popular choice among cryptocurrency traders who want to access a wide range of digital assets and enjoy competitive fees. If you're looking for an alternative to IBKR, BYDFi could be a great option for buying and selling cryptocurrencies at low fees.