Interactive Brokers Group Inc (NASDAQ:IBKR), a deep-discount electronic access broker for online equity, options, futures and forex trading, announced the launch of cryptocurrency trading.

What Happened: In offering both newer and experienced traders a unified gateway to markets, IBKR announced an addition to its cryptocurrency initiatives.

Starting Sept. 13, IBKR clients will be able to trade and custody Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTC), and Bitcoin Cash (CRYPTO: BCH) via its relationship with Paxos Trust Company.

Additionally, while some of its competitors charge fees of 2.00% of trade value or higher, as well as add spreads and markups, IBKR charges low commissions of just 0.12%-0.18% of trade value, depending on monthly volume, alongside a $1.75 static fee.

See Also: How To Buy Cryptocurrencies

Why It Matters: IBKR is honing in on customer-driven innovation.

Today, Sanders adds, “access to cryptocurrency trading further delivers on our mission to provide active traders and sophisticated investors with powerful trading tools and a wide range of products at low cost.”

To learn more about IBKR’s cryptocurrency offer, click here.