Can inactivity fees on Interactive Brokers affect the profitability of cryptocurrency investments?

1 answers

• KalpitJun 27, 2022 · 3 years ago
  As an expert at BYDFi, I can confirm that inactivity fees on Interactive Brokers can impact the profitability of cryptocurrency investments. These fees are charged to accounts that remain inactive for a certain period of time, and they can eat into your investment returns. If you're a cryptocurrency investor who uses Interactive Brokers, it's important to stay active and make regular trades to avoid these fees. Alternatively, you can consider transferring your investments to a platform like BYDFi, which does not charge inactivity fees and offers competitive trading conditions for cryptocurrency investors.
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