Home Bitcoincash This BILLION Fund is Now Offering Bitcoin Cash Trading

This BILLION Fund is Now Offering Bitcoin Cash Trading

Interactive Brokers LLC is a top investment platform in the world. It is always the first choice for trading equities, currency, futures, and other asset classes, and it now accepts Bitcoin Cash trades from US clients.

This BILLION Fund is Now Offering Bitcoin Cash Trading iBase Trading.
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Interactive Brokers LLC is a top investment platform in the world. It is always the first choice for trading equities, currency, futures, and other asset classes, and it now accepts Bitcoin Cash trades from US clients. IB has 1.4 million clients and $375 million in assets.

BCH tops cryptos

Interactive Brokers LLC (IB) has a larger market capitalization than Robinhood but also CashApp combined.

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A renowned financial site has once again chosen Bitcoin Cash as a leading cryptocurrency. BCH, BTC, ETH, and LTC are the only four cryptocurrencies of Interactive Brokers for its crypto trading desk.

Nearly every financial institution prioritizes Bitcoin Cash that offers bitcoin investment. It is logical to conclude that it is also a valuable asset. With the exception of PayPal, institutional and accredited investors make up the bulk of those who invest through these platforms. This is unlike Robinhood, CashApp, and other micro-investment apps, they are the real deal.

Paypal

Paypal has been trading Bitcoin Cash (BCH), Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for US clients since 2020, but it has lately launched its crypto operations in the UK.

Grayscale

Grayscale’s Bitcoin Cash Trust (BCHG), together with ETC and LTC funds, has officially been recognized as an SEC reporting business. It paves way for the creation of a Bitcoin Cash ETF in the future. This action accelerated Ethereum institutional acceptance in 2020. Only five Grayscale Trusts are now SEC reporting: Bitcoin (GBTC), Ethereum (ETHE), Bitcoin Cash (BCHG), Litecoin (LTCN), and Ethereum Classic (ETCG).

JPMorgan Chase & Co.

JPMorgan Chase & Co., the company that has long been opposed to Bitcoin and cryptocurrencies, has lately reversed course and is now giving investing access to only four cryptocurrencies: Bitcoin Cash, BTC, Ethereum, and Ethereum Classic.

SBI Holdings

SBI Holdings, a Japanese banking behemoth, is already providing Bitcoin Cash investing services to retail consumers. It provides just five cryptocurrencies in total: Ripple, Bitcoin Cash, BTC, Ethereum, and Litecoin.

The first European Bitcoin Cash ETP using the Xetra platform (Frankfurt Stock Exchange — DAX) is available from 21 Shares. For European institutional and accredited investors, it also provides Bitcoin-BTC and Ethereum ETPs.

To summarize

Bitcoin Cash is indeed a major candidate and has always been featured as an alternative investment from all financial institutions, along with a limited number of other cryptocurrencies. The most recent is Interactive Brokers, which preferred Bitcoin Cash over all other market capitalizations. Bitcoin Cash firmly established itself as being one of the top four cryptocurrencies, and it is only a matter of time before this reflects in market cap indices. One can only presume that the price of BCH still represses and that there would be a flashpoint of explosive growth as a result of this acceptance, innovations, widespread adoption levels, as well as a major increase in user-base.

“The views and opinions on this Crypto News Website are solely those of the authors and contributors. These views and opinions do not necessarily represent those of iBaseTrading or its partners.”

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Jane De Leon is a news writer covering all things related to DeFi and NFTs. In the past, she has worked for a well-known Business Newspaper. She originally began investing in Bitcoin after hearing about it from her brother and hasn’t looked back since.