How does Interactive Brokers handle inactivity fees for cryptocurrency investors?

3 answers

• Nov 26, 2021 · 3 years ago
  Interactive Brokers has a policy regarding inactivity fees for cryptocurrency investors. If you have a cryptocurrency account with Interactive Brokers and there is no trading activity for a certain period of time, you may be subject to inactivity fees. These fees are charged to cover the costs associated with maintaining your account. To avoid inactivity fees, you need to ensure that there is regular trading activity in your account.
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• Nov 26, 2021 · 3 years ago
  When it comes to inactivity fees for cryptocurrency investors, Interactive Brokers has a straightforward approach. If there is no trading activity in your cryptocurrency account for a specified period of time, you may be charged an inactivity fee. This fee is designed to encourage active trading and ensure that the platform is being used. To avoid inactivity fees, it's important to regularly engage in trading activities on the platform.
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• Nov 26, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Interactive Brokers does charge inactivity fees for cryptocurrency investors. However, it's important to note that these fees are not unique to Interactive Brokers and are a common practice among many other exchanges. To avoid inactivity fees, it's recommended to regularly trade or take other actions on the platform to keep your account active. If you're looking for an exchange with no inactivity fees, BYDFi is a great option to consider.
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