Row 6184

Row ID: 6184 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 6184 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Hello

I have a new IB (Interactive Brokers) account (on the Ireland "branch", im not from Ireland but I am from Europe). I have Cash account, default currency is USD.

Can i "safely" buy Bitcoin on IB...? I mean, im pretty sure i cannot withdraw actual bitcoin that i bought through Interactive brokers, but other than that it should be "completely safe" and normal....? Like its normal spot bitcoin right...? No futures or derivatives or whatever, just "basic simple bitcoin".

I saw that when you buy BTC through IB (im using the web user interface, not mobile and not the desktop app, just the default web interface) you buy via "Paxos"... Im not familiar with them... Is it some sort of crypto exchange...? I know coinbase, bitfinex, kraken, okcoin, Binance etc. I never heard of Paxos... Is it an exchange...? Is it "safe exchange"...? Like they (Paxos) buy and "store" ("custodian") for IB, right...? What if paxos "dies" like FTX etc...? Will Interactive brokers fully compensate me for the bitcoin i might lose with paxos if it goes under...?

Simple and overall... What is Paxos and is it safe to buy BTC via Interactive Brokers (which use Paxos)...?

Thank you

FieldValue
text Hello I have a new IB (Interactive Brokers) account (on the Ireland "branch", im not from Ireland but I am from Europe). I have Cash account, default currency is USD. Can i "safely" buy Bitcoin on IB...? I mean, im pretty sure i cannot withdraw actual bitcoin that i bought through Interactive brokers, but other than that it should be "completely safe" and normal....? Like its normal spot bitcoin right...? No futures or derivatives or whatever, just "basic simple bitcoin". I saw that when yo…
label r/bitcoinmarkets
dataType post
communityName r/BitcoinMarkets
datetime 2024-05-08
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url_encoded Z0FBQUFBQm5Lak9HVTdKNkZNVnJhUEJRbEF3WVhhQk9xRjFTQ1ZhT2RrNXNSSGZYa1J3bUk1ZU92ZzNQVXFTd0RKWWYtd2tKaFJPTGxZTjNqcnhrM3dRMGY0b2haSkFxQk8xZTJ5YkQxTUk1ME1MWF9fU18yNHY2VDl4Sjhjb2JfNnM4LXhkRlI0M0RWT0JWSHhyT3R1OHplYldVVDNDVEc3N3RfSzZGUXY5UVVKanhOQkVJZUd6M3J6Wl9HMmYtcEl0b29PMDJkT3RfbjRZdVlNaWNJellVRkNwOUtoVVBuUT09

Raw Record

{
  "text": "Hello\n\nI have a new IB (Interactive Brokers) account (on the Ireland \"branch\", im not from Ireland but I am from Europe). I have Cash account, default currency is USD.\n\nCan i \"safely\" buy Bitcoin on IB...? I mean, im pretty sure i cannot withdraw actual bitcoin that i bought through Interactive brokers, but other than that it should be \"completely safe\" and normal....? Like its normal spot bitcoin right...? No futures or derivatives or whatever, just \"basic simple bitcoin\".\n\n\n\nI saw that when you buy BTC through IB (im using the web user interface, not mobile and not the desktop app, just the default web interface) you buy via \"Paxos\"... Im not familiar with them... Is it some sort of crypto exchange...? I know coinbase, bitfinex, kraken, okcoin, Binance etc. I never heard of Paxos... Is it an exchange...? Is it \"safe exchange\"...? Like they (Paxos) buy and \"store\" (\"custodian\") for IB, right...? What if paxos \"dies\" like FTX etc...? Will Interactive brokers fully compensate me for the bitcoin i might lose with paxos if it goes under...?\n\nSimple and overall... What is Paxos and is it safe to buy BTC via Interactive Brokers (which use Paxos)...?\n\n\n\nThank you",
  "label": "r/bitcoinmarkets",
  "dataType": "post",
  "communityName": "r/BitcoinMarkets",
  "datetime": "2024-05-08",
  "username_encoded": "Z0FBQUFBQm5LakwyN3FEaV9iVGs2SE14MnphazA5eUVSWWIzQ0hlcF9XTTZFaWplRzhINVJKdFR4RG5ZZV96LVo0bGpwZ2hJejhtcVBxU0g0TmI3a3Nad2ZiSWZVYV85VVE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9HVTdKNkZNVnJhUEJRbEF3WVhhQk9xRjFTQ1ZhT2RrNXNSSGZYa1J3bUk1ZU92ZzNQVXFTd0RKWWYtd2tKaFJPTGxZTjNqcnhrM3dRMGY0b2haSkFxQk8xZTJ5YkQxTUk1ME1MWF9fU18yNHY2VDl4Sjhjb2JfNnM4LXhkRlI0M0RWT0JWSHhyT3R1OHplYldVVDNDVEc3N3RfSzZGUXY5UVVKanhOQkVJZUd6M3J6Wl9HMmYtcEl0b29PMDJkT3RfbjRZdVlNaWNJellVRkNwOUtoVVBuUT09"
}
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