Global Stock News

Interactive Brokers Makes It Easier To Move Crypto Onto Its Platform

Interactive Brokers Makes It Easier To Move Crypto Onto Its Platform

Interactive Brokers Makes It Easier To Move Crypto Onto Its Platform
Interactive Brokers Makes It Easier To Move Crypto Onto Its Platform

Interactive Brokers (NASDAQ: $IBKR) now allows clients to transfer supported cryptocurrencies from external wallets into accounts on its platform without having to sell the digital assets. 

The in-kind transfers mean that customers don’t need to liquidate their crypto positions to transfer them to an IBKR crypto account.

Interactive Brokers says its new feature covers Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), and other cryptocurrencies. 

More From Cryptoprowl:

Commissions for transferring crypto to IBKR from another brokerage range from 0.12% to 0.18% of trade value —well below the industry standard of 2%.

Scroll to Top