Bitcoin IRA Launches XRP

Updated on Sep 1, 2017 at 8:28 am UTC by · 2 min read

BitcoinIRA.com is the first company to allow investors to purchase cryptocurrencies for their retirement portfolios.

BitcoinIRA.com, the world’s first company to allow individuals to purchase cryptocurrencies for an IRS-approved retirement account, has made the digital asset XRP available to clients.

XRP’s value is derived from its utility as the best digital asset for payments, and is one of the largest digital assets by market capitalization. With the addition of XRP, Bitcoin IRA is expanding its cryptocurrency options, which also include Bitcoin and Ethereum.

Chris Kline, COO of Bitcoin IRA, said:

“We’re the only company in the world to offer an XRP feature in this way. Demand from our customers has been immense. XRP is an unique innovation in modernizing cross-border payments using superior blockchain technology. We’re excited to feature XRP and work with BitGo to bring this extraordinary asset opportunity to market.”

Customers who opt for XRP on BitcoinIRA.com will have their XRP stored in a multi-signature digital wallet from BitGo. BitGo is widely considered the most secure digital wallet, with multi-signature encryption.

BitcoinIRA.com is the first company to allow investors to purchase cryptocurrencies for their retirement portfolios. It provides an IRS-compliant solution that includes: setting up a qualified cryptocurrency account, rolling over funds from an existing IRA custodian, executing a live trade and then moving funds into a secured, multi-signature digital wallet. In the coming weeks, Bitcoin IRA plans to announce additional alternative coins including Litecoin, Ethereum Classic, and Bitcoin Cash.

Customers can learn more about digital asset XRP and other cryptocurrencies at: https://bitcoinira.com.

About BitcoinIRA.com

BitcoinIRA.com is the world’s first company that allows customers to purchase Bitcoins and other cryptocurrencies for their IRA or 401(k) retirement accounts. The platform works with leading fintech professionals to provide secure, high-quality cryptocurrency options.

Bitcoin IRA is a turnkey, full-service solution to purchase cryptocurrencies while maintaining full IRS compliance. The service includes setting up a qualified cryptocurrency account, rolling over funds from an existing IRA custodian, executing a live trade on a leading exchange and then moving funds into a secured, multi-signature digital wallet.

Bitcoin IRA is privately funded and based in Los Angeles.

Share:

Related Articles

EU Imposes Fifth Round of Sanctions on Russia Targeting Crypto Transactions

By April 8th, 2022

The fifth wave of sanctions also involved a new ban on four major Russian banks which makes up about 23% of the market share in the Russian banking sector.

Goldman Sachs Strategists Say Mainstream Adoption Won’t Boost Crypto Prices

By January 28th, 2022

As the Goldman Sachs strategists shared their broad opinion on crypto prices, they made reference to the role new innovations like metaverse is likely to herald.

AMDAX Secures First Cryptocurrency Service Registration With the Dutch Central Bank

By October 9th, 2020

The Amsterdam Digital Asset Exchange (AMDAX) has completed what is described as The Netherlands’ first cryptocurrency service registration with the country’s apex bank De Nederlandsche Bank (DNB).

Exit mobile version