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Which interactive brokers in the USA have the lowest fees for trading cryptocurrencies?

avatarRaghupathi GDec 28, 2021 · 3 years ago3 answers

I am looking for interactive brokers in the USA that offer the lowest fees for trading cryptocurrencies. Can you recommend any brokers that have competitive fees for trading digital currencies? I want to find a broker that can help me minimize my trading costs while still providing a reliable and secure platform for trading cryptocurrencies. Please provide some options and any additional information about their fee structures.

Which interactive brokers in the USA have the lowest fees for trading cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One interactive broker in the USA that offers low fees for trading cryptocurrencies is Coinbase. They have a user-friendly platform and competitive fee structure. Coinbase charges a fee of 0.50% for trades under $10,000 and 0.25% for trades above $10,000. They also offer a variety of cryptocurrencies to trade, including Bitcoin, Ethereum, and Litecoin. Overall, Coinbase is a popular choice for cryptocurrency traders due to its low fees and wide range of available coins.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for an interactive broker in the USA with low fees for trading cryptocurrencies, you might want to consider Binance US. Binance US offers a tiered fee structure based on your trading volume, starting at 0.10% for makers and 0.10% for takers. They also have a wide selection of cryptocurrencies available for trading. Binance US is known for its competitive fees and strong security measures, making it a popular choice among cryptocurrency traders.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a well-known interactive broker in the USA that offers some of the lowest fees for trading cryptocurrencies. They have a transparent fee structure, with fees starting at 0.05% for makers and 0.10% for takers. BYDFi also offers a wide range of cryptocurrencies to trade, including Bitcoin, Ethereum, and Ripple. With their advanced trading platform and low fees, BYDFi is a great option for traders looking to minimize their trading costs while still having access to a diverse range of digital assets.