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 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.
|Fee||IBKR / Paxos||Gemini
|Crypto Transaction Fee
for $1,000 of crypto
|Spread / Markup||None||None||None||1.00%||1.25%|
|Cost of $1,000 trade||$1.80||$3.50||$5.00||$10.00||$12.50|
Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile, and web.
Use a full suite of professional trading tools to help make better decisions and manage your portfolio. Spot market opportunities with Advanced Market Scanners and analyze your portfolio with Risk Navigator.
Use Interactive Brokers’ suite of environmental, social and governance (ESG) tools to develop your own conscious investing plan. Align your investments with what you care about most.
Security is crucial to cryptocurrency trading. Use the IBKR platform and funds from your IBKR account to trade cryptocurrencies at Paxos Trust Company, which employs military-grade security to protect your crypto assets. Paxos Trust Company is regulated and supervised by the New York Department of Financial Services (the New York bank regulator), and by the US Treasury’s Office of the Comptroller of the Currency (OCC).
Log in to Client Portal and request Cryptocurrency trading permission via the Settings > Account Settings > Trading Experience & Permissions menu item. Trading permission requests are typically approved overnight.