Interactive Brokers adds Solana, Cardano, Ripple, and Dogecoin to list of crypto assets
Electronic trading major Interactive Brokers Group, Inc (NASDAQ:IBKR) today 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), providing investors access to some of the most actively traded digital assets.
SOL, ADA, XRP and DOGE are available to clients with an account at Zero Hash LLC, and SOL is available to clients with an account at Paxos Trust Company.
Eligible clients of Interactive Brokers LLC (IB LLC) and Interactive Brokers (U.K.) Limited (IB UK) can seamlessly access crypto trading on the same platform they use for stocks, options, futures, currencies, bonds, mutual funds, and more across more than 160 global markets. This allows investors to establish spot cryptocurrency positions and hedge their exposure with crypto futures, options and ETFs. Investors benefit from a unified interface that displays all balances and positions in a single view, simplifying portfolio and cash management.
“Adding these new tokens gives our clients even more flexibility to diversify their portfolios and take advantage of opportunities across digital assets,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Combined with our low-cost structure and powerful trading tools, this expansion reflects our ongoing commitment to offering clients a comprehensive and efficient trading experience.”
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.
Cryptocurrency trading is available to eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited. Product and feature availability may vary depending on region.