Future Crypto Plans

With Interactive Brokers now offering crypto, does this mean that t212 will be able to offer crypto trading in the near future? I think this is something many would be interested in.

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Maybe in the new EU platform. In the UK one it’s not possible.

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I’m from the UK and I believe it is possible as long as we are buying the underlying asset and not a derivative.

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FCA only banned the crypto derivatives (Future, Options, CFDs) and ETNs, not the cryptos as they don’t have a mandate and legislation to regulate cryptos, the only exceptions at the moment are the STOs and security tokens (tokenized stocks/bonds/funds/ETFs/other securities & derivatives), as also with other financial regulators

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Interactive Brokers tie up with Paxos is only in US.
Not sure if it is available for EU residents.

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I am interested in cryptocurrency, but is it too much of a risk? I read a lot about it, and I still really want to try to implement my idea. I want to start with getting cryptocurrency for free, for example, through giveaways, airdrop, mint, or in faucetpay microwallet. Often, companies hold various giveaways, information about which can be found on social networks. Developers actively publish posts about it on Twitter, Telegram, and various forums dedicated to cryptocurrency. They are interested in attracting new users to their projects by giving away tokens for free, which will subsequently affect the increase in transactions.

You may also be interested in Coinbase Earn. If you’re interested in buying Crypto, an exchange like Coinbase is the place you’ll buy it using your traditional currency. (btw if you do want to sign up I can give you a referral code and we both get a little free Bitcoin :wink: ). Anyway, Coinbase have a programme called Coinbase Earn where you can watch some videos and do a little reading on particularly cryptos in exchange for rewards in that crypto. You can instantly convert that crypto to Bitcoin, or Euro/Pounds and withdraw to your bank. It’s pretty easy money.