Can I fund my Interactive Brokers account with stablecoin?
- Yes, Interactive Brokers offers stablecoin deposits through our crypto transfer provider, zerohash. You can deposit USDC (USD Coin), PYUSD (PayPal USD), and RLUSD (Ripple USD) which will be automatically converted to USD and credited to your Interactive Brokers account.
How do I deposit funds via stablecoin?
Follow these steps to fund your Interactive Brokers account with USDC, PYUSD, and RLUSD:
Step 1: Select Method
- Log into the Client Portal.
- From the Transfer & Pay menu select Transfer Funds and then Deposit Funds.
- Select Use a new deposit method to view available methods.
- Then choose Fund with Stablecoin as your funding method.
Step 2: Select Asset & Network
- Select the stablecoin you will be sending (USDC, PYUSD, RLUSD).
- Select your preferred blockchain network (e.g., Ethereum, Solana, Base).
- Review and confirm the transaction limits.
- zerohash will provide:
- A unique wallet address for this transaction.
- A QR code for easy scanning.
Step 3: Send Your Stablecoin
- From your personal cryptocurrency wallet:
- Scan the QR code with your mobile wallet app (recommended), OR
- Copy and paste the exact wallet address provided.
- Ensure you select the same blockchain network you chose in Step 2.
- Send the stablecoin amount.
- Never manually type the wallet address.
What to know before depositing
Eligibility
- Stablecoin to USD funding is available only to IBLLC individual account holders residing in supported countries. Joint, Organization, Trust, and Portfolio Margin accounts, as well as account holders outside of supported countries, are ineligible and will not see this deposit option.
Limits and Restrictions
Interactive Brokers enforces the following limits on stablecoin deposits:
- Minimum transaction amount: $10 per deposit
- Daily limit: $25,000 per day
- Monthly limit: $250,000 per month
- Withdrawal Hold: Funds deposited via Stablecoin cannot be withdrawn for 30 business days
Please Note: Deposit limits may vary based on account age and country.
Supported Assets
- USDC, PYUSD, RLUSD are currently supported. Other cryptocurrencies or stablecoins cannot be processed through this deposit method.
Blockchain Networks
You must send your stablecoin on the exact blockchain network you selected during the deposit process. Common supported networks include:
- Ethereum
- Solana
- Base
Warning: Sending your stablecoin on a different network than you selected will result in deposit failure or significant delays.
Wallet Address
- Always use the QR code or copy/paste the address - never type it manually. Sending to the wrong address will result in permanent loss of funds.
Are there any fees?
- Interactive Brokers does not charge fees for stablecoin deposits; however, you will be responsible for blockchain network fees (gas fees) charged by the cryptocurrency network.
- Gas fees vary depending on network congestion and the blockchain network you choose.
zerohash charges a tiered conversion fee based on the deposit amount (with a $1 minimum fee):
- First USD 5,000: 0.35%
- Next USD 15,000: 0.20%
- Remaining amount above USD 20,000: 0.10%
For example, the fee for a USD 25,000 deposit would be:
- USD 5,000 x 0.35%= USD 17.50
- USD 15,000 x 0.20%= USD 30.00
- USD 5,000 x 0.10%=USD 5.00
- Total fee= USD 52.50
What are the characteristics of Stablecoin deposits?
- Fast: Deposits typically process within minutes after blockchain confirmation.
- 24/7 Availability: Deposit anytime, including weekends and holidays.
- No Bank Required: Fund your account directly from your cryptocurrency wallet.
Additional Information