Interactive Brokers adds Chainlink, Avalanche and Sui to list of crypto instruments
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) 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 more than 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.”
“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.