How does interactive brokers compare to tradeking in terms of cryptocurrency trading fees?

selimcan DoğanJun 04, 2022 · 3 years ago3 answers

Can you provide a detailed comparison between interactive brokers and tradeking in terms of cryptocurrency trading fees? I am interested in knowing the differences in fees for buying and selling cryptocurrencies on these platforms. Which platform offers lower fees and better value for cryptocurrency traders?

Cryptocurrency Trading

Interactive Brokers

Tradeking

3 answers

Jun 04, 2022 · 3 years ago
When it comes to comparing interactive brokers and tradeking in terms of cryptocurrency trading fees, there are some key differences to consider. Interactive brokers is known for its low trading fees, but they do not currently offer direct cryptocurrency trading. On the other hand, tradeking offers cryptocurrency trading with competitive fees. So, if you are specifically looking for a platform to trade cryptocurrencies, tradeking might be a better option for you.
Jun 04, 2022 · 3 years ago
Interactive brokers and tradeking have different fee structures when it comes to cryptocurrency trading. Interactive brokers charges a fixed fee per trade, while tradeking charges a percentage-based fee. Depending on the size of your trades, one platform may offer better value than the other. It's important to consider your trading volume and frequency when comparing fees.
Jun 04, 2022 · 3 years ago
BYDFi, a popular cryptocurrency exchange, offers competitive fees for cryptocurrency trading. They have a tiered fee structure based on trading volume, which means the more you trade, the lower your fees will be. If you are an active cryptocurrency trader, BYDFi might be worth considering for its low fees and advanced trading features.