September 19, 2021

Brokerage Company Interactive Brokers Launches Cryptocurrency Trading

Brokerage firm Interactive Brokers has partnered with Paxos to provide digital assets to US customers.

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According to the post, clients will be able to trade and store Bitcoin, Ethereum, Litecoin and Bitcoin Cash. The commission will be from 0.12% to 0.18% of the transaction value, depending on the monthly volume.

Paxos noted that the growing consumer interest in cryptocurrencies through "trusted intermediaries" is driving a shift in the financial industry.

Interactive Brokers announced the launch ofa new opportunity against the backdrop of customer demand. At that time, the brokerage company was offering Bitcoin futures trading on the Chicago Mercantile Exchange.

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