Interactive Brokers Launches Crypto Trading Through Paxos
Clients will be able to trade and hold bitcoin, ether, litecoin and bitcoin cash through Paxos.
Make preferred on
Share this article
Interactive Brokers, a Nasdaq-listed online brokerage firm, said it has teamed up with Paxos Trust to allow clients to trade cryptocurrencies.
- Interactive Brokers’ clients will be able to trade and hold bitcoin, ether, litecoin and bitcoin cash through regulated blockchain infrastructure platform Paxos, the company announced Monday.
- The site will charge a commission of 0.12% to 0.18% of trade value, depending on monthly volume. There is a $1.75 minimum per order.
- “Adding access to cryptocurrency trading further delivers on our mission to provide active traders and sophisticated investors with powerful trading tools and a wide range of products at low cost,” said Steven Sanders, executive vice president of marketing and product development at Interactive Brokers, in the press release.
- Rising consumer interest in accessing digital assets through “trusted intermediaries” is driving a shift in the financial industry, according to Paxos.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
