While other crypto exchanges and brokers charge trading fees as high as 2.00% of trade value or more, and add spreads or markups to the cryptocurrency price, cryptocurrency trading with Paxos or Zero Hash on Interactive Brokers’ platform has a low commission of just 0.12% to 0.18% of trade value1 with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value). Plus, there are no added spreads, markups, or custody fees.View Cryptocurrency Commissions
|Crypto Transaction Fee
for $1,000 of crypto
|Spread / Markup||None||None||None||1.00%||1.25%|
|Cost of $1,000 trade||$1.80||$4.00||$6.00||$10.00||$12.50|
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Security is crucial to cryptocurrency trading. Use the IBKR platform and funds from your IBKR account to trade cryptocurrencies at either Paxos Trust Company or Zero Hash LLC. Paxos Trust Company is regulated and supervised by the New York Department of Financial Services (the New York bank regulator). Zero Hash LLC is a FinCEN-registered Money Services Business, is licensed as a money-transmitter in various states, and has been granted a BitLicense by the NY Department of Financial Services.
Log in to Client Portal and click the User ("Head/Shoulders" icon) > Settings menu. From the Settings page, click Trading Permissions to request Cryptocurrency trading permission.
Trading permission requests are typically approved overnight.