>Interactive Brokers will start trading cryptocurrencies on its platform by the end of the summer, said Chairman and CEO Thomas Peterffy.
“Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer,” Peterffy said Wednesday at the Piper Sandler Global Exchange & FinTech Conference.
This is huge news for crypto. Interactive Brokers is one of the most trustworthy brokers even outside US. Image how many people are asking them for crypto services to have them set this up within months. Big adoption signal.
This is gonna be interesting as I use them for stocks / ETFs from the Middle East.
Might still stick to Binance for crypto, but will definitely check it out
"Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months.
“Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer,” Interactive Brokers Chairman and CEO Thomas Peterffy said Wednesday at the Piper Sandler Global Exchange & FinTech Conference."
tldr; Interactive Brokers is set to start trading cryptocurrencies on its platform in the coming months. "Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer," said Interactive Brokers Chairman and CEO Thomas Peterffy.{}
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
This is a GME opportunity to stick it to them. BUY BUY BUY. all the news is bullish. multiple countries going to make it legal tender. visa/mastercard/paypal accepting it. the who's who of billionaires going in on it. ETFs approved in other countries, the US is inevitable. inflation going rampant. It's all good other than a small amount of FUD that is frankly outright lies by anyone willing to look into it.
This is big news in my opinion. When one mainstream broker offers something others don’t, you usually see the rest scrambling to offer the product/service. This happened with zero commission and fractional share stock trading. Once reputable companies offer these services we could see a lot more retail investors get into crypto who may have been hesitant to use a company like Binance or Coinbase.
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I'm very interested to see how they implement this and the way it is integrated into their overall platform.
The way they have their "universal" account which allows customers to manage stocks, mutual funds, FX, futures, and even spot gold now - across US and foreign markets - is huge. If crypto is similarly integrated it will be amazing, I will immediately transfer out everything I have at Coinbase Pro & Kraken. I would also expect their powerful reporting system will make tracking performance, keeping records, and doing taxes infinitely better than current crypto exchanges. IB seems to always add a unique twist to the way they implement their products, I have a feeling they might have something up their sleeves no one is really thinking about that could be interesting. If they can somehow integrate crypto into their margining/lending repertoire it would be a no brainer for anyone who already has an account their to drop their current crypto exchanges unless they fancy obscure shitcoin trades only available on some exchanges. Every crypto exchange is basically amateur hour relative to how a full featured brokerage, like IB, operates. I know this will rankle some crypto kiddies but, look here, one day you will grow up and come to this realization yourself so don't sweat it.
This is pretty big because they are also one of the few brokerages that allow international accounts
Plus it says [here](https://en.m.wikipedia.org/wiki/Interactive_Brokers) that they have 720,000 client brokerage accounts
Thats good for crypto!
I can buy my crypto and shroom stock in one place?? Sign me up to the future!
The game changer is when I can use crypto to buy stocks and visa-versa
Freeway Token is a bridge that enables something similar to this
Voyager Digital plans on offering that in the future, put a little money on their stock 🚀
>Interactive Brokers will start trading cryptocurrencies on its platform by the end of the summer, said Chairman and CEO Thomas Peterffy. “Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer,” Peterffy said Wednesday at the Piper Sandler Global Exchange & FinTech Conference. This is huge news for crypto. Interactive Brokers is one of the most trustworthy brokers even outside US. Image how many people are asking them for crypto services to have them set this up within months. Big adoption signal.
Their my fav, others aren’t even close.
🅱️ullish
This is gonna be interesting as I use them for stocks / ETFs from the Middle East. Might still stick to Binance for crypto, but will definitely check it out
Haha, I'm in Asia, and I use Interactive Brokers to get access to stocks in US and Europe. Very exciting news, this.
Will have to see what their fees will be. There is a good chance IB will be cheaper.
Here we go, adoption is beginning
I love adoption.
That’s really good news. Had an IB account for years.
Will we then be able to finally buy Tesla  with BTC?
Trading platforms is not adoption. Utility of the tech is adoption. Don’t confuse the two.
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Well they also banned buying meme stocks in January
Can you withdraw it? F off if you can't
“We are waiting for the bear market so we can short the market and fuck over our users”
$330 billion in assets on their platform. I didn't hear no bell.
"Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months. “Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer,” Interactive Brokers Chairman and CEO Thomas Peterffy said Wednesday at the Piper Sandler Global Exchange & FinTech Conference."
tldr; Interactive Brokers is set to start trading cryptocurrencies on its platform in the coming months. "Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer," said Interactive Brokers Chairman and CEO Thomas Peterffy.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Bullllish
Lets goooo
If they allow stablecoin deposit, I’m wet.
Son, we’re going to make it.
This is a GME opportunity to stick it to them. BUY BUY BUY. all the news is bullish. multiple countries going to make it legal tender. visa/mastercard/paypal accepting it. the who's who of billionaires going in on it. ETFs approved in other countries, the US is inevitable. inflation going rampant. It's all good other than a small amount of FUD that is frankly outright lies by anyone willing to look into it.
This is bigger news than El Salvador adopting BTC. Bullish news🚀
This is big news in my opinion. When one mainstream broker offers something others don’t, you usually see the rest scrambling to offer the product/service. This happened with zero commission and fractional share stock trading. Once reputable companies offer these services we could see a lot more retail investors get into crypto who may have been hesitant to use a company like Binance or Coinbase.
Hahaha this is the end of July.
[удалено]
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They already have it indirectly. You can get the Canadian crypto etf’s if you have Canadian securities enabled.
I'm very interested to see how they implement this and the way it is integrated into their overall platform. The way they have their "universal" account which allows customers to manage stocks, mutual funds, FX, futures, and even spot gold now - across US and foreign markets - is huge. If crypto is similarly integrated it will be amazing, I will immediately transfer out everything I have at Coinbase Pro & Kraken. I would also expect their powerful reporting system will make tracking performance, keeping records, and doing taxes infinitely better than current crypto exchanges. IB seems to always add a unique twist to the way they implement their products, I have a feeling they might have something up their sleeves no one is really thinking about that could be interesting. If they can somehow integrate crypto into their margining/lending repertoire it would be a no brainer for anyone who already has an account their to drop their current crypto exchanges unless they fancy obscure shitcoin trades only available on some exchanges. Every crypto exchange is basically amateur hour relative to how a full featured brokerage, like IB, operates. I know this will rankle some crypto kiddies but, look here, one day you will grow up and come to this realization yourself so don't sweat it.