Interactive brokers offering Bitcoin Trading this Summer

Discussion in 'Interactive Brokers' started by Fain, Apr 29, 2021.

  1. Fain

    Fain

    Saw online in a few publications mention that Interactive Brokers will be offering Bitcoin trading. Not just bitcoin futures this summer. Does anyone know if they plan to offer other Cryptos as well?

    "Interactive Brokers, the Greenwich-based $30 billion trading platform that caters to professional traders and sophisticated investors, plans to offer bitcoin trading to customers by the end of this summer, a spokesperson says. "

    Source:



    https://www.forbes.com/sites/jeffka...ow-it-faces-five-big-threats/?sh=46e2d6bd61ff

     
    ZBZB likes this.
  2. ZBZB

    ZBZB

    It may mean you could buy bitcoin and transfer it to a crypto exchange to buy another coin. I wonder if you can buy bitcoin on portfolio margin?
     
  3. Fain

    Fain

    I wonder if you could as well. No portfolio margin for us in Canada

    It would definitely make the bitcoin contango trade easier to do for those selling bitcoin futures and buying bitcoin spot.
     
  4. Wouldn't it just be as simple as a FX exchange?

    • USD/BTC
     
  5. IB does not offer portfolio margin in Canada in general? I am quite interested in this answer. Could you please comment on that?

     
  6. Fain

    Fain

    IB doesn't offer portfolio margin in Canada And neither do the other brokers as the Regulator doesn't allow it.
     
  7. maxinger

    maxinger

  8. Fain

    Fain

  9. nitrene

    nitrene

  10. ids

    ids

    It will be available.
     
    #10     Apr 30, 2021
    Daal likes this.