Can I cancel Crypto Plus trading permissions?

Yes, you can, but first make sure there is no cash balance, open positions or pending orders at your IBKR-linked Cryptocurrency Service Provider account. Quick steps:

  1. Be sure you have no USD balance being held in your Cryptocurrency Service Provider account. If you do have a balance, you can transfer USD from your IBKR-linked Cryptocurrency Service Provider account to your IBKR securities brokerage account in IBKR Client Portal, or by using the Transfer Funds command in the Cryptocurrency Service Provider web app.
  2. Ensure that you have no open cryptocurrency orders at Cryptocurrency Service Provider.

Once all of the above are satisfied, you can unsubscribe from Crypto Plus via IBKR Client Portal as follows:

  1. Log into Client Portal.
  2. Click the User menu (head and shoulders icon in the top right corner) followed by Settings.
  3. If you manage multiple accounts, select an account by clicking on the account number to popup the Account Selector.
  4. Under Account Settings find the Trading section.
  1. Click on Trading Permissions.
  2. To remove Crypto Plus trading permissions, select Add/Edit under Cryptocurrencies and uncheck the box next to Crypto Plus.
  3. Click CONTINUE and follow the prompts on screen.

All exchange and custody services in connection with trading and holding cryptocurrency tokens and other digital asset tokens through IBKR trading platforms are provided by Cryptocurrency Service Providers. Learn more.

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