Can I make a contribution to an IRA with Cryptocurrency I already own? Can I make a contribution to an IRA with Cryptocurrency I already own?

Can I make a contribution to an IRA with Cryptocurrency I already own?

Daniel Bennett Daniel Bennett

The IRS only permits a new contribution to an IRA to be in USD. For this reason, we cannot fund an IRA with Crypto from an exchange or a wallet.

However, if you own crypto in another qualified IRA, you can perform an 'In-Kind Transfer' - allowing you to fund your account with crypto without liquidating. 

Please see for more information.