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 $1000 of Crypto||0.18%||0.40%||0.60%||None||None|
|Spread / Markup||None||None||None||1.00%||1.25%|
|Cost of $1,000 Trade||$1.80||$4.00||$6.00||$10.00||$12.50|