BitcoinIRA Features
- Offline Cold-Storage Wallet
They provide the industry's foremost offline cold-storage wallet through a relationship with US-based BitGo. BitGo is considered a pioneer in multi-signature cold-storage wallets featuring superior recovery options and encryption technology.
- Security Keys Maintained By The Custodian
Bitcoin IRA offers a custodian-operated model where a trust company and wallet maintains the keys and securities of the customer.
- Full-Service Solution
Specialists at Bitcoin IRA provides a complete range of services including assistance completing the IRA application, transferring his/her IRA or 401k funds, purchasing cryptocurrencies, and access to exclusive cold storage wallet.
- Support For Multiple Cryptocurrencies
Most Bitcoin IRA companies support one or two cryptocurrencies, but Bitcoin IRA supports multiple cryptocurrencies including Bitcoin, Ripple, Litecoin, Bitcoin Cash, Ethereum, and Ethereum Classic.
BitcoinIRA Types of Accounts
Accounts that can be transitioned into Cryptocurrencies include:
- IRA
- Roth IRA
- 401(k)
BitcoinIRA Types of Digital Currencies
The digital currencies available at Bitcoin IRA:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Stellar Lumens (XLM)
- Zcash (ZEC)
- Bitcoin Cash (BCH)
- Digital Gold (DG).
BitcoinIRA Fees
Bitcoin IRA charges an initial one-time service fee that varies depending on the investment amount. The initial fee includes the company's comprehensive services including support services for rollover of retirement funds, setting up of self-designed retirement account with BitGo Trust, exceptional security storage and so forth. Bitcoin IRA also charges a minimal custodian and security fee.
BitcoinIRA Security
Bitcoin IRA stores your digital asset with Bitgo Trust. Bitgo Trust is a US company, based in Palo Alto. Bitgo Trust has been around since 2013 and is a market leader in digital security and compliance. They use proprietary technology to secure your cryptocurrency. BitGo Trust is the world's largest processor of Bitcoin transactions. They process 15% of the global Bitcoin transactions and hold over $2 billion in crypto assets.
Is Bitcoin IRA Legitimate?
Yes BitcoinIRA is a legitimate company which is registered FinCEN Number 31000128516015.
They offer Rollover, Traditional, or Roth IRA-it only takes a few minutes to open an account and get started.
How to Open a Bitcoin IRA Account
Opening a Bitcoin IRA account is light work. You can schedule your 15-minute consultation or call them directly at 877-934-7175. Or, open an account in less than 3 minutes on its website. You just supply the basic information that you'd need to set up any financial account and $100 to start your IRA Saver account or $3,000 to fund your Bitcoin IRA.
Once you're in, your bespoke dashboard and digital wallet are available. From here, funnel funds into your account, view current live pricing for coin exchanges and access Bitcoin IRA's vault of financial and cryptocurrency educational resources. Then, transfer funds from any existing retirement accounts. You'll be ready to start trading and saving for your future in just 3 to 5 business days.
Account Minimums
With $3,000 - the minimum investment to start - you can hold a Bitcoin IRA account. There are no investment caps. For the Saver IRA, it only takes $100 to begin and then a $100 monthly contribution to fund your account.
Fee Structure and Pricing
You won't find a 1-size-fits-all fee structure with Bitcoin IRA. Instead, the size of your initial investment will determine how much you'll pay in fees. You'll pay a singular upfront fee that covers your retirement account set up. This fee includes the process of rolling over any existing retirement accounts you may have.
Custodial and security fees are also included with your Bitcoin IRA account. You'll get your personalized fee structure when you talk to a Bitcoin IRA rep to set up your account.