Interactive Brokers Opens "Cryptocurrency Transfer" Feature, Allowing Users One-Stop Management of Stocks and Bitcoin

BTC0.99%
ETH-0.04%
LTC-0.17%
BCH2.37%

Interactive Brokers (IBKR) today (25th) announced the official support for the “Deposit Transfer” feature for cryptocurrency portfolios. Now, clients can transfer assets such as Bitcoin, Ethereum, and others directly from external wallets into IBKR, enabling unified management across asset classes.
(Background: Interactive Brokers’ stablecoin deposits incur a 0.3% fee plus Gas Fee; support for PYUSD and RLUSD will be available next week.)
(Additional context: Interactive Brokers allows “stablecoin deposits,” with USDC being depositable into US stock brokerage accounts.)

As investors’ demand for integrated asset management increases, one of the world’s largest online brokerages, Interactive Brokers (Nasdaq: IBKR), announced today the launch of cryptocurrency portfolio transfer functionality. This new feature allows clients to seamlessly transfer crypto assets held on other exchanges or personal hardware wallets into their IBKR trading accounts.

Breaking Barriers: One-Stop Management of Stocks, Bonds, and Cryptocurrencies

In the past, IBKR clients could buy cryptocurrencies directly but struggled to integrate existing holdings. This update addresses that long-standing issue. Steve Sanders, Vice President of IBKR, stated that this feature is designed to help clients manage their overall wealth more effectively:

“Investors no longer need to view assets across multiple platforms; now they can see their Apple stocks and Bitcoin holdings on the same screen.”

The underlying technology is supported by their long-term partner Paxos Trust Company. The initial supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), with expansion planned based on regulatory developments.

For seasoned traders, the main incentive to transfer assets to IBKR is lower trading costs. IBKR’s cryptocurrency trading commissions are only 0.12% to 0.18% of the trade value, with no hidden spreads, significantly lower than many native crypto exchanges charging over 1.5% in fees.

Analysts see IBKR’s opening of the “transfer-in” feature as a clear signal: cryptocurrencies have fully entered the traditional investment portfolio lineup.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Coinbase Partners With Centrifuge for Tokenization Platform

Coinbase has partnered with Centrifuge, designating it as a preferred tokenization backbone, and has taken an equity stake in the company as part of the collaboration. The partnership is structured around expanding tokenized ETFs, credit, and structured products. ## Partnership Focus The strategic

CryptoFrontier11m ago

U.S. Bitcoin ETF Sees 6,668 BTC Inflows, Ethereum ETF Receives 26,480 ETH Today

According to Lookonchain data monitored by ChainCatcher, U.S. spot Bitcoin ETF saw net inflows of 6,668 BTC today, while Ethereum ETF received 26,480 ETH. Solana ETF also recorded net inflows of 41,170 SOL on the same day.

GateNews44m ago

XRP Leads Weekly Performance With 8.91% Gain, Outpacing Bitcoin, Ethereum, and Solana

According to market analyst Xaif Crypto, XRP led major cryptocurrencies with an 8.91% weekly gain as of May 5, outpacing Ethereum (7.85%), Bitcoin (5.72%), Solana (4.74%), Dogecoin (6.25%), and BNB (6.28%).

GateNews2h ago

Bitcoin Crosses $80,000 Amid Options Market Positioning

Bitcoin has moved back above $80,000 following a brief reversal on Monday attributed to a disputed Iran missile claim, according to the source material. Options markets are positioning for a potential breakout, though skew indicators still favor downside protection. ## Market Positioning Options d

CryptoFrontier2h ago

CertiK Contributes $50K to Ethereum Security Quadratic Funding Round on May 5

According to mpost.io, CertiK contributed $50,000 to the Ethereum Security Quadratic Funding (QF) round on May 5, 2026. The funding, deployed through Giveth, will support projects focused on improving security across Ethereum. Quadratic funding amplifies contributions from a broad base of

GateNews4h ago

Ethereum Glamsterdam Upgrade Targets June 2026 Rollout, Gas Limit to Jump 60M to 200M

According to the Ethereum Foundation, the Glamsterdam upgrade is expected to roll out to mainnet around June 2026, with the block gas limit increasing from 60 million to 200 million. Development is accelerating, with core objectives largely achieved, including raising the minimum consensus limit

GateNews4h ago
Comment
0/400
No comments