Cboe Digital
Cboe Digital provides access to crypto markets without sacrificing security, performance, or the protection of market oversight, and is the only U.S.-based exchange where customers can trade spot and regulated futures on cryptocurrencies on one screen.
Invest with Cboe Digital via Rocket Dollar
NOTICE: As of April 26th, 2024, CBOE is no longer accepting Rocket Dollar customer accounts and will be shutting down customer spot accounts
Rocket Dollar suggests applying to another exchange ASAP. If another exchange account is not open, you will have to transfer cash to your bank account or to another crypto platform before funds are liquidated.
CBOE Digital made this decision to focus on other business lines. Crypto positions will be
CBOE Press Release on the business policy change
The purpose of this letter is to inform you that effective Friday, May 31, at 4:00pm central time, Cboe Digital Exchange, LLC and Cboe Clear Digital, LLC (collectively, “Cboe Digital”)1 will close all accounts in spot digital assets. You are receiving this letter as you currently have a spot digital asset account open with Cboe Digital. This letter further serves to inform you in writing that that effective July 1, 2024,2 your spot digital asset account(s) with Cboe Digital and the Cboe Digital Member Master Agreement, along with any addenda thereto you have entered into with Cboe Digital, will be terminated in accordance with Section 11 of the Cboe Digital Member Master Agreement.3
Before 4:00pm central time on May 31, 2024, please transfer or liquidate the full balance amount from your Cboe Digital spot digital asset account(s). Please note that, as of April 15, 2024, Cboe Digital only accepts Fedwire for withdrawals.
Beginning July 1, 2024, Cboe Digital will liquidate any outstanding digital asset balances in your account pursuant to Section 11 of the Cboe Digital Member Master Agreement. Failure to withdraw any digital assets in your account by this time will mean that those digital assets, if any, will be converted to fiat currency. Following July 1, 2024, the remaining balance of all funds in your account, including any digital asset balances liquidated, will be sent to the name and address of record on your account with Cboe Digital. To update the address on record, please contact digital.membership@cboe.com. Any unclaimed funds will be escheated to the state.
FAQs
-
Support
Cboe Digital Application: digital.onboarding@cboe.com
Rocket Dollar: info@rocketdollar.com
-
How long does the process take?
In general and after all documents have been provided, cryptocurrency applications can be approved within five business days during Cboe Digital normal business hours Monday through Friday, 7 am to 7 pm central time.
-
What cryptocurrencies does Cboe Digital support?
Cboe Digital has spot trading for Bitcoin, Bitcoin Cash, Ethereum, USDC, and Litecoin (LTC).
-
How long does it take to open an entity account at Cboe Digital
Cboe Digital expects to be able to process and open institutional accounts within five business days.
-
Can I apply with my Solo 401(k) to Cboe Digital
Cboe Digital has recently added support for Solo 401(k) Trusts. Email digital.onboarding@cboe.com with the name of your Solo 401k trust to get started.
-
What states and jurisdictions does Cboe Digital support?
View Cboe Digital regulations page
Cboe Digital supports almost every state and has pending applications with the following states and territories: Virginia, Nevada, & The US Virgin Islands.
Remember, when you apply to Rocket Dollar, your Rocket Dollar-created Colorado LLC or Solo 401(k) will have the address that was used at signup. You cannot use a Colorado LLC to get around this requirement if your address is listed in a non-supported state.
-
What are the fees for IRA customers?
-
Do I need to be an Accredited Investor?
No, Cboe Digital is available for both accredited and non accredited investors.
-
What is the minimum investment amount?
There is no minimum investment amount to invest with Cboe Digital.
-
Is Cboe affiliated with ErisX?
Benefits & Pricing
Transparent pricing on a subscription basis.
Checkbook IRA
Take complete control with our most popular account
$600 one-time setup fee
- IRA Trust checking account (LLC available)
- Unlimited fee-free transactions
- No Custodian sign-off on transactions
- Bring Your Own Deal (BYOD)
- No AUM fees
- Best For Ultimate Control of Investments:
- Rental Properties
- Fix-n-Flip
- Tax Liens
- Crypto (hold your keys)
- Foreign Investments
- Private Note Investing
- Precious Metals
- Limited Partnerships
- Private Placements
- Private Stock Purchases
- Domestic Investments Only
Solo 401(k)
One participant, unlimited investment options
$600 one-time signup fee
- IRA Trust checking account (LLC available)
- BYOD (Bring Your Own Deal)
- Unlimited fee-free transactions
- No Custodian sign-off on transactions
- Bring Your Own Deal (BYOD)
- No AUM fees
- Ideal for folks with self-employment income:
- High contribution limits
- 401(k) loan option
- Self-custody account
- Roth and Traditional in one account
- Domestic Investments Only
- Best for Real Estate Investments:
- Rental Properties
- Fix-N-Flips