Likely better costs than coinbase with its 0.5% cost per trade. Will be exciting to support crypto on quantconnect through interactive brokers. Hope you guys are looking into support for this.
Thanks!
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Varad Kabade
Hi David Eldringhoff,
Thank you for sharing the information with the community. We have to make few changes to Lean to extend IB support for crypto.
Best,
Varad Kabade
Nick Sullivan
Hi Varad,
Any updates or plans for Crypto trading through IB? Thanks!
Best,
Nick
Fred Painchaud
Hello,
A dupe of this post is here : https://www.quantconnect.com/forum/discussion/12584/ibkr-crypto-trading-api-support-in-qc
That one I just referenced is newer (dupe)…
I still have things to learn in brokers/markets but Binance wrt crypto is the talk of the town. Speaking of fees, Binance is 0.1% instead of 0.18%.
That being said, some have learned the hard way in the past that spreading your crypto over multiple wallets is a good idea to manage some risks. So, one could actually use both brokers (and more) - risk (of, say, loosing your wallet) is spread, can trade same coins with two algos, etc.
Cheers,
Fred
Jared Broad
Hey David --
We're pretty swamped at the moment with 2 ambitious projects:
We'll be able to get to additions like IBKR crypto hopefully by January 1st all going well. We're way too short on team bandwidth! If you're interested in prioritizing features please sponsor LEAN and we'll funnel the sponsorship to pay developers to build features you want =)
Best,
Jared
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Garrison Whipple
Jared Broad IB might be good for the trading execution algos but kucoin is the only exchange we need as it has almost every worthwhile crypto. But before any of these we need universe support for crypto. Eventually we will need decentralized exchanges with that offer no trading fees implemented.
David Eldringhoff
Just checking in on this again. I know you guys are busy. Thanks in advance
Alexandre Catarino
Hi all,
We have created a GitHub issue to add this feature:
Adds Crypto Support to Interactive Brokers #6256
Please subscribe for updates.
David Eldringhoff
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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