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BitcoinIRA
Crypto Exchanges
BitcoinIRA fees
- 10% to 15% of the initial investment fee (one-time)
- $240 annual custodial account fee
- $75 asset conversion fee,
- 5% buy fee,
- 1% sell platform fee.
Pros
- Tax-deferred crypto investing
- Low-cost gold investment
- Interest-bearing account
- Full-service IRA rollover
- It is U.S. regulated- Users can physical gold to your retirement portfolio
Cons
- High transaction fees
- Users cannot you can't transfer cryptocurrency holdings into an IRA
- Small virtual currency selection- Limited liquidity
Features
- Users can buy, sell, and swap assets 24/7 at their convivence.
- Users earn up to 60% monthly interest on asset.
- Contact support- Bitcoin IRA lets you refer a friend
What is BitcoinIRA?
Founded in 2016 by Camilo Concha, Johannes Haze and Chris Kline, Bitcoin IRA is the first and largest cryptocurrency IRA company that lets individuals invest in cryptocurrency with their retirement accounts. It has over 100,000 users and has processed more than $1.5 billion in transactions since its conception. The company is based in California, and helps investors connect to cryptocurrency wallet services and custodians that can provide them with a self-directed individual retirement account (IRA).
With BitcoinIRA users can create an Individual Retirement Account (IRA) and digital wallet using its app or web dashboard. Once funds are transferred to an account,users can buy, sell, and trade online any time of day or night.
BitcoinIRA supports trading different types of cryptocurrency, including Bitcoin, Ethereum, and Litecoin. Although the minimum amount to open a standard account is $3,000, BitcoinIRA also offers a Saver IRA that requires an initial deposit of $100 with a recurring investment of $100 monthly through a linked bank account. It offers unique benefits to its users like paying no tax on profits you get in these funds.
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