Interactive Brokers Expands Crypto Offering with New Tokens and Stablecoin Transfers | LeapRate
Interactive Brokers (Nasdaq: IBKR) announced an expansion of its cryptocurrency trading capabilities on Tuesday, adding nine new tokens through zerohash and three additional tokens through Paxos, while also introducing the ability to transfer funds to external wallets via stablecoin.
The new zerohash additions include Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold and Uniswap. Aave, Uniswap and Pax Gold are also now available through Paxos Trust Company.
Clients can now withdraw USD from their IBKR accounts via automatic conversion to USDC, PYUSD or RLUSD, building on stablecoin deposit functionality already in place. According to the company, funding and external transfers process near instantly, 24/7, including weekends and holidays.
“We believe digital assets should be integrated into a client’s broader financial experience, not treated separately,” said Milan Galik, CEO of Interactive Brokers. He added that the firm remains focused on giving clients access to digital assets alongside its wider range of products and markets.
Interactive Brokers says its crypto offering is built on four pillars: competitive pricing, stablecoin funding flexibility, full crypto transfer capability between custodial and non-custodial wallets, and a unified multi-asset platform. The broker charges crypto commissions starting between 0.12% and 0.18% of trade value, with a $1.75 minimum per order and no added spreads or custody fees, a rate it claims undercuts many competitors by up to 85%.
Stablecoin funding is not available to clients of Interactive Brokers UK or Ireland, and the new tokens are excluded for Irish clients. Availability varies by affiliate and jurisdiction.
