Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IgNewLogo
Help and Support
Help and support
dotIG Crypto
dotLicensed

How Do I Fund and Withdraw from My Cryptocurrency Account?

Cryptoassets are high-risk investments and may not be suitable for all investors. Their prices can be highly volatile, and you could lose some or all of the money you invest.

Cryptoassets are not regulated in the same way as traditional investments and are not covered by the Financial Services Compensation Scheme (FSCS). Protection from the Financial Ombudsman Service (FOS) is limited.

During periods of extreme market volatility, liquidity may be reduced, which can affect your ability to buy or sell crypto at your desired price.

You should take time to understand how crypto works and the risks involved before investing. For more information, visit IG’s Crypto Risks page.


Cryptocurrency investing is now available with IG for eligible UK-based clients. The service offers access to 55+ cryptocurrencies.

Understanding Your Account Structure

Your IG cryptocurrency account is designed to work seamlessly alongside your other IG accounts. Unlike traditional crypto exchanges, your crypto account does not hold cash directly. Instead:
  • Cash is held in your other IG accounts (Share Dealing, CFD, or Spread Bet)
  • When you buy crypto, you select which account to fund the purchase from
  • Cash is automatically transferred at the point of purchase
  • When you sell crypto, proceeds are deposited to your selected IG account

Important: All IG crypto clients must have at least one other IG account to hold cash. If you don't already have another IG account, we'll automatically create a Share Dealing account for you.



  

Deposits


  

How Does Funding Work?

You cannot deposit cash directly into your crypto account. Instead:

  1. Deposit funds to your Share Dealing, CFD, or Spread Bet account
  2. Use any standard IG payment method
  3. When buying crypto, select which account to use
  4. Cash is automatically swept at the point of purchase


  

What Payment Methods Can I Use?

IG accepts all standard payment methods for funding your IG accounts:
  • Bank Transfers (via Faster Payments Service)
  • Debit and Credit Cards (GBP only)
  • Apple Pay
  • Open Banking

To add funds for crypto investing:
  1. Log in to My IG
  2. Select the account you want to fund (Share Dealing, CFD, or Spread Bet)
  3. Choose your payment method
  4. Add funds

Once funds are in your account, you can use them to buy cryptocurrency.


  

What Are the Minimum and Maximum Deposit Limits?

Deposit limits vary by payment method and account type. Standard IG deposit limits apply:

Payment Method
Minimum Deposit
Processing Time
Bank Transfer
None
Up to 2 hours
Debit/Credit Card
£10
Instant
Apple Pay
£10
Instant
Open Banking
£10
Instant

For specific limits on your account, please check your account settings or contact support.


  

How Long Do Deposits Take to Process?

  • Bank transfers: Up to 2 hours via Faster Payments Service
  • Card deposits: Instant
  • Apple Pay: Instant
  • Open Banking: Instant


  

Why Might My Bank Reject My Payment?

Some banks and card issuers may have policies that restrict or reject payments relating to cryptocurrencies.

Banks and issuers known to have restrictions include:
  • Chase
  • JP Morgan
  • Starling
  • Clydesdale
  • NewDay (including John Lewis credit cards)

Important
  • This list is based on information current as of November 2025 and may change
  • Other banks not listed may also have restrictions
  • Bank policies can change without notice
  • If your payment is rejected, try another payment method or contact your bank to confirm their current policy on cryptocurrency-related transactions



  

Withdrawals


  

How Do I Withdraw from My Cryptocurrency Account?

When you sell cryptocurrency, the proceeds are automatically transferred to one of your other IG accounts (Share Dealing, CFD, or Spread Bet). You select which account receives the funds when you sell.

To withdraw funds to your bank account:
  1. Sell your cryptocurrency holdings
  2. Choose which IG account receives the proceeds
  3. Go to that account (Share Dealing, CFD, or Spread Bet)
  4. Request a withdrawal using your preferred method
  5. Funds will be sent to your verified bank account or card

Important: You can only withdraw to bank accounts or cards you've previously deposited from.


  

What Are the Withdrawal Limits?


Limit Type

Payment MethodAmount

Minimum withdrawal

Debit Card/Bank Transfer

£1

Daily Limit

Debit Card/Bank Transfer

£25,000

Weekly Limit

Debit Card

£175,000

Monthly Limit

Debit Card

£700,000


Withdrawals are typically instant but can take up to 2 working days to be processed and reflected in your bank account. This timeframe may vary depending on your bank's processing procedures.


  

What Are the Cryptocurrency Investment Limits? 

Limit Type

Amount

Minimum trade size

£1


Note: The maximum trade size varies by cryptocurrency and market conditions. Any applicable limits will be shown during the order process before you place a trade.





What Currency Considerations Should I Keep in Mind?

  • GBP and USD Support: IG Crypto accounts support both British Pounds (GBP) and US Dollars (USD) for pricing display
  • Currency Toggle: You can switch between GBP and USD views on asset lists and trade tickets
  • Stablecoin Exposure: Stablecoins like USDC are pegged to USD, which exposes you to GBP/USD exchange rate fluctuations when viewing in pounds

What Are the Limitations of an IG Crypto Account?

  • No Cash Held in Crypto Account: Cash is held in your other IG accounts (Share Dealing, CFD, or Spread Bet)

  • Once you buy Crypto, you lose regulatory protections such as FSCS and FOS. This is because Crypto is an unregulated asset. This explains the risks of Crypto and we encourage you to read it - Crypto risk - IG UK

  • No External Crypto Transfers: You cannot deposit or withdraw cryptocurrency from external wallets (coming soon)
  • Automatic Cash Sweep: When buying crypto, cash is automatically transferred from your selected IG account
  • Bank Account Restrictions: 
    • You can only withdraw to bank accounts you've previously deposited from
    • The bank account must be a personal UK account registered in your name
    • Business accounts are not accepted
  • Verification Requirements: All payment methods must be verified before withdrawals can be processed



Coming Soon

We're working on adding these features to your crypto account:

  • External crypto deposits and transfers - Deposit crypto from external wallets
  • Advanced charting tools - Enhanced technical analysis capabilities
  • Additional order types - Limit orders and stop loss functionality

For comprehensive information and frequently asked questions about IG's cryptocurrency offering, please refer to our dedicated FAQ section.



Are you finding this article useful?

Positive FeedbackNegative Feedback

Related articles

How Do I Fund and Withdraw from My Cryptocurrency Account?

How do I withdraw funds from my account?

Top Questions About IG's New Cryptocurrency Offering