Just as everything investment in Bitcoin IRAs has its advantages and disadvantages. On the one hand, BTC is known to be volatile but, on the other hand, it is supposed to grow in the future.
The world's largest cryptocurrency IRA platform that allows customers to purchase Bitcoin and other crypto for their retirement accounts.
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 cryptocurrency retirement accounts are approved by the IRS as qualified retirement accounts, where growth accrues tax-deferred. In a July 2017, Chief Operations Officer, Chris Kline stated that in its first year, the company averaged a million dollars of monthly inflows. And as of today, the company does the same volume of business in a single day.
Bitcoin IRA is privately funded and based in Los Angeles.
Just as everything investment in Bitcoin IRAs has its advantages and disadvantages. On the one hand, BTC is known to be volatile but, on the other hand, it is supposed to grow in the future.
Just recently, a digital asset IRA (Individual Retirement Account) company called Bitcoin IRA, released the first ever self-directed cryptocurrency IRA. This achievement was created through a partnership with BitGo Trust.
New York-based corporation, which is already trading CBOE bitcoin futures, now offers its clients one more opportunity to invest in bitcoins.