Interactive Brokers announced the addition of four popular cryptocurrency tokens to its trading platform: Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
Eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited can now seamlessly access crypto trading on the same platform they use for traditional assets. This allows investors to establish spot cryptocurrency positions and hedge exposure with crypto futures, options, and ETFs.
Steve Sanders, EVP of Marketing and Product Development, stated that adding these tokens provides clients with more flexibility to diversify portfolios and take advantage of digital asset opportunities. Interactive Brokers offers competitive cryptocurrency trading costs, ranging from 0.12% to 0.18% of trade value with a minimum of $1.75 per order, and no added spreads, markups, or custody fees.
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