![Can I make a contribution to an IRA with Cryptocurrency I already own?]({"bg": "//theme.zdassets.com/theme_assets/10087603/e106cc8a79a6a41c781c71d999cffaa33b481de7.jpg"})
![Can I make a contribution to an IRA with Cryptocurrency I already own?]({"bg": "//theme.zdassets.com/theme_assets/10087603/d38d9cc5a4fcb160800cb7a8f0e0cb60aaa36d2e.jpg"})
The IRS only permits a new contribution into 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 the video below for more information.
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