Interactive Brokers Launches Crypto Trading in Hong Kong
Interactive Brokers, one of the largest brokerage firms globally, has launched crypto trading for retail consumers in Hong Kong.
The offering, announced on November 28, is in collaboration with OSL, a leading cryptocurrency exchange to receive a Virtual Asset Service Provider (VASP) license in Hong Kong.
The platform empowers retail investors in Hong Kong to easily access digital assets through a single integrated system provided by OSL.
According to its website, Interactive Brokers enables its Hong Kong clients to hold Bitcoin and Ether in their personal accounts, in addition to stocks, derivatives, commodities, forex, and other assets.
Each trade is subjected to a commission fee ranging from 0.20% to 0.30% of the total transaction value.