Interactive Brokers enables crypto portfolio transfers
Electronic trading major Interactive Brokers Group Inc (NASDAQ:IBKR) today announced that clients can transfer their existing holdings in supported cryptocurrencies to their Interactive Brokers-linked crypto account, enabling them to trade crypto at lower costs while gaining access to global investment markets – all without selling their digital assets upfront.
Interactive Brokers offers a comprehensive solution that brings digital assets and traditional investments together on a single platform, providing access to competitive cryptocurrency pricing and broader investment opportunities.
IBKR clients can now move supported digital assets directly from external wallets or platforms into their IBKR-linked crypto accounts without first liquidating their crypto positions. This enables them to manage digital assets alongside stocks, options, futures, currencies, bonds, and other investments.
“Crypto investors should be able to access competitive crypto pricing and diversified investment opportunities without managing multiple accounts or liquidating their positions,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “By enabling direct crypto portfolio transfers, we’re making it easy for traders to benefit from IBKR’s low-cost crypto trading and gain access to our full range of global markets within the same professional trading environment.”
Eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited can transfer Bitcoin, Ethereum, Solana, and other supported cryptocurrencies directly into their IBKR-linked crypto accounts at Paxos or zerohash.
