Trade Chainlink, Avalanche and Sui Alongside Stocks, Options, Futures, and More - All on One Platform
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the addition of new cryptocurrency tokens to its trading platform: Chainlink (LINK), Avalanche (AVAX), and Sui (SUI). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE), providing investors access to an extensive suite of popular digital assets. LINK, AVAX and SUI are available to clients with an account at Zero Hash LLC.
Eligible clients of Interactive Brokers LLC (IB LLC) can seamlessly trade crypto on the same platform they use for stocks, options, futures, currencies, bonds, mutual funds, and more across 160+ global markets. This platform empowers investors to establish spot cryptocurrency positions and hedge their exposure with crypto futures, options, and ETFs. A unified interface also displays all balances and positions in a single view, simplifying portfolio and cash management.
“Recognizing the growing popularity of cryptocurrency trading, we continue to expand the number of digital assets available on our platform,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “With Interactive Brokers, allocating a percentage of an investment portfolio to digital assets is simple and competitively priced, and investors can now access a broader range of tokens alongside the many other asset classes available on our platform.”
Cryptocurrency trading costs at Interactive Brokers are amongst the lowest in the industry. Based on monthly volume, commissions range from 0.12% to 0.18% of trade value, with a minimum of just $1.75 per order. Clients pay no added spreads, markups, or custody fees, ensuring transparent pricing on every trade. The cryptocurrency trading costs available to Interactive Brokers clients are less than those of leading cryptocurrency exchanges and online brokers. A cryptocurrency cost comparison chart is available here: Cryptocurrency Trading (IB LLC)
“Our infrastructure is purpose-built to support sophisticated trading platforms such as Interactive Brokers as they scale their digital asset offering,” said Edward Woodford, Founder and CEO of Zero Hash. “By enabling seamless access to tokens including Chainlink, Avalanche, and Sui, we're pleased to help IBKR continue to expand its crypto lineup in a way that meets the expectations of active and diversified investors.”
Clients trading crypto through the Interactive Brokers platform can:
- Hold both USD and cryptocurrencies in their crypto trading account
- Trade cryptocurrencies 24/7
- Place non-marketable limit orders for greater control over execution
- Withdraw crypto to an external wallet for added flexibility
Explore Cryptocurrency trading on Interactive Brokers' platform at:
US: Cryptocurrency Trading (US and countries served by IB LLC)
The best-informed investors choose Interactive Brokers
Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services.
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others.
Contacts
Contacts for Interactive Brokers Group, Inc.
Media: Katherine Ewert, media@ibkr.com