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⛓️ Crypto🟢 BullishImportance 6/10

Interactive Brokers lets clients move crypto from external wallets without liquidating

crypto.news|Andrew Folkler|
Interactive Brokers lets clients move crypto from external wallets without liquidating
Image via crypto.news
🤖AI Summary

Interactive Brokers launched a crypto portfolio transfer feature allowing clients to move supported cryptocurrencies from external wallets directly into IBKR accounts without requiring liquidation first. This expands IBKR's crypto services as part of their broader low-fee, multi-asset platform strategy.

Key Takeaways
  • Interactive Brokers now allows direct crypto transfers from external wallets to IBKR accounts without selling first.
  • The new feature is part of IBKR's broader push to expand its low-fee, multi-asset platform offerings.
  • Clients can now consolidate their crypto holdings within their traditional brokerage accounts more easily.
  • This eliminates the previous requirement to liquidate crypto before transferring to IBKR accounts.
  • The feature launched on Wednesday and supports select cryptocurrencies.
Read Original →via crypto.news
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