How to send Cryptocurrency Assets

What crypto assets can be sent to my IBKR crypto account?

Interactive Brokers (IBKR) currently supports transfers of the following cryptocurrency assets:

Clients may transfer these assets from external wallets to their IBKR linked zerohash or Paxos accounts.

How fast can I send crypto assets?

Cryptocurrency assets transferred to IBKR linked zerohash or Paxos accounts are typically completed within minutes, subject to blockchain network confirmation requirements.

Does IBKR charge any fees for crypto transfers?

IBKR does not charge fees for cryptocurrency asset transfers. However, blockchain network transaction fees may apply. These fees are assessed by the blockchain network and are the responsibility of the client initiating the transfer.

How can I view the status of my crypto asset transaction?

Both the IBKR Client Portal and Mobile application provide real-time transaction status tracking. Clients can monitor the progress of their cryptocurrency transfers from initiation through completion, including unsuccessful transactions.

Detailed transaction records are available in the Transaction History section, which displays all transactions within a specified time period.

When can I withdraw or transfer my crypto?

Crypto deposits are unavailable for withdrawal or transfer for 30 days after arrival.

What are the steps involved in sending crypto assets to my IBKR linked zerohash or Paxos account?

Clients may initiate cryptocurrency transfers using the IBKR Client Portal or IBKR Mobile application. The transfer process consists of the following steps:

• Step one

Select the desired cryptocurrency asset and specify the transfer amount.

From Client Portal:

• 1. Log into the Client Portal
  2. From the Transfer & Pay menu select Transfer Funds
  3. Then Deposit Crypto

From IBKR Mobile App:

• 1. On your home screen select the Account Menu on Top Left
  2. Then select Transfers and choose Transfer Positions
  3. Followed by Incoming
  4. Select Region "United States" and scroll down to Crypto Deposit
• Step Two

Log in to the external cryptocurrency wallet from which the transfer will be initiated.

• Step Three

To execute the transfer, use the QR code or destination address displayed in the IBKR Client Portal or Mobile application.

Please Note

• Ensure the destination address is accurately entered. Transfers are irreversible and assets sent to the wrong address may be permanently lost.
• Always use the unique address displayed when you select the  cryptocurrency in the IBKR deposit screen . Do not reuse old addresses from your history. They may no longer be valid. 
• When setting up a transfer of cryptocurrency to destination wallet for the first time, it is good practice to first do a small deposit. Make sure the deposit appears in your IBKR crypto account, then proceed with the full deposit amount. 

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.