Can I transfer cryptocurrency from my Coinbase account?

  • Updated

Unfortunately,the option to transfer your current cryptocurrency assets into a Bitcoin IRA is not available. This limitation stems from IRS regulations, which dictate that IRAs must be funded with monetary contributions, making it ineligible to accept property as a form of contribution. However, if your IRA holds cryptocurrency with another provider, we will gladly accept those assets through an in-kind transfer. This streamlined process allows you to seamlessly consolidate your cryptocurrency holdings within our platform, enhancing the efficiency of managing your IRA assets. If you have cryptocurrency in an IRA elsewhere, consider the simplicity of transferring those assets to us for a more consolidated and cohesive investment approach.