Interactive Brokers Expands Crypto Offerings with Four New Tokens

Interactive Brokers adds Solana, Cardano, Ripple, and Dogecoin to its platform, expanding crypto trading options for global investors.

Key Points:

• Interactive Brokers now supports SOL, ADA, XRP, and DOGE alongside BTC, ETH, LTC, and BCH.
• Eligible clients can trade crypto on the same platform as stocks, options, and other assets.

Electronic trading powerhouse Interactive Brokers Group, Inc (NASDAQ:IBKR) has expanded its cryptocurrency offerings, introducing four additional tokens—Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE)—to its trading platform. The move enhances the company’s already robust digital asset offerings, which previously included Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

Clients with accounts at Zero Hash LLC can now trade SOL, ADA, XRP, and DOGE, while SOL is also available to those with accounts at Paxos Trust Company. Eligible clients of Interactive Brokers LLC (IB LLC) and Interactive Brokers (U.K.) Limited (IB UK) can seamlessly incorporate cryptocurrency trading into their broader investment strategies, leveraging the same interface used for trading stocks, options, futures, currencies, bonds, and mutual funds across more than 160 global markets.

Interactive Brokers Expands Crypto Offerings with Four New Tokens

The integration of these new digital assets allows investors to establish spot cryptocurrency positions while managing exposure using crypto futures, options, and exchange-traded funds (ETFs). The unified trading interface offers a consolidated view of balances and positions, streamlining 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, Executive Vice President 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.”

Through the Interactive Brokers platform, clients trading cryptocurrencies can:

• Hold both USD and digital assets in their crypto trading account.
• Trade cryptocurrencies around the clock, 24/7.
• Place non-marketable limit orders for greater execution control.
• Withdraw crypto to an external wallet for additional flexibility.

Cryptocurrency trading services are available to eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited, though availability of specific products and features may vary by region. As the digital asset market continues to evolve, Interactive Brokers remains committed to enhancing its platform and offering investors more diversified opportunities within the crypto space.

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