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Interactive Brokers Opens Direct Crypto Transfers From External Wallets

The change advances its low-fee, multi-asset push against crypto-focused rivals.

Overview

  • Interactive Brokers, which announced the change Wednesday, now lets eligible U.S. and U.K. clients move Bitcoin, Ethereum, Solana and other supported coins into IBKR-linked crypto accounts without selling first.
  • Crypto trades on the platform carry 0.12% to 0.18% commissions with a $1.75 minimum and no added spreads, a price point that undercuts many retail platforms that charge around 2%.
  • Transferred assets are held by Paxos or zerohash, partners with New York oversight and registrations, which adds a compliance layer important to regulated and institutional clients.
  • Bringing coins in keeps a client’s market exposure intact and can avoid taxable sales, so users can manage crypto alongside stocks, options, futures, currencies and bonds in one place.
  • The rollout follows January’s 24/7 USDC funding option and February’s addition of Coinbase Derivatives’ perpetual-style futures, signaling a steady build that positions IBKR against crypto exchanges and legacy brokers moving into digital assets.