I asked permission to trade crypto GBTC and IB replied like idiots

really, dude? :D
Do you know that you can divide one Bitcoin to the 8th decimal place, so if you want to buy 2$ worth of BTC you can do that.

Don't call others noobs when you don't know anything yourself
 
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TrailerParkTed said:
Dannon, Heineken, SoftBank, Tencent,Ahold, ect trade on Pink. IBKR worries traders OTC get screwed by crazy spreads or the stocks get pumped making inexperienced traders cry to IBKR. GBTC has been the only way to trade Bitcoin that’s reasonably priced.
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Those are all secondary or tertiary listings. Irrelevant largely for the companies as they trade on listed changes in home territories - Danone in Paris etc. You can also buy Americans like FB and GE on European pinksheets equivalents.
 
pointbob said:
And a $30+ stock/fund like GBTC should not be seen as a penny stock no matter where it trades. Thats archaic.
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Price of something is irrelevant financially. It can be trading at $0.80 or $800, it doesn't make much of a difference except for traders.
You don't understand the difference between a listed exchange and OTC, they are very different animals.
 
There are reports people hack into robinhood accounts a drain them by trading options. I would imagine it would be even easier with pink sheets and bitcoins. I appreciate IB demanding 2 factor ID.
 
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