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Last Updated on July 2, 2022 by coffeepo
What are the Best Crypto IRA platforms?
It’s no secret that the world of cryptocurrency is growing at an alarming rate. With so many new investors entering the market every day, it can be difficult to know where to start when it comes to investing in digital currencies. One popular option is through a crypto IRA. This allows you to hold various cryptocurrencies within a retirement account, ensuring that your investment is protected and secure.
What is a Crypto IRA? A Crypto IRA is an individual retirement account that allows you to hold cryptocurrencies, such as Bitcoin and Ethereum, in a tax-advantaged account. When you invest in a Crypto IRA, your funds are held by a third party custodian and are not subject to capital gains tax. Here are 15 best crypto IRA platforms:
1. Bitcoin IRA:
Bitcoin IRA is a new way to invest in Bitcoin and other digital currencies. With a Bitcoin IRA, you can invest in Bitcoin and other digital currencies with the potential to earn tax-deferred or even tax-free returns. Bitcoin IRA is a self-directed IRA that allows you to invest in Bitcoin and other digital currencies, just like any other investment.
Bitcoin IRA is a great way to invest in Bitcoin and other digital currencies for retirement. Bitcoin IRA is a unique retirement account that allows you to invest in Bitcoin and other digital currencies. With a Bitcoin IRA, you can invest up to $20,000 per year with the potential to earn tax-deferred or even tax-free returns.
Bitcoin IRA is a great way to diversify your retirement portfolio and can potentially provide you with greater returns than traditional retirement investments. Bitcoin IRA is a new way to invest in Bitcoin and other digital currencies, and it’s an exciting way to diversify your retirement portfolio.
2. iTrustCapital:
iTrustCapital is a financial services company that provides online investing and trading services to customers in the United States. iTrustCapital was founded in 2013 and is headquartered in Los Angeles, California. iTrustCapital offers a variety of investment products and services, including online investing and trading, asset management, and financial planning. iTrustCapital is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
iTrustCapital offers a variety of investment products and services to its customers, including online investing and trading, asset management, and financial planning. iTrustCapital’s online investing and trading platform provides customers with access to a variety of investment products, including stocks, mutual funds, exchange-traded funds (ETFs), and options. iTrustCapital also offers a mobile app that allows customers to access their accounts and make trades on the go.
3. BitlRA:
BitIRA is a digital currency IRA company that allows investors to hold Bitcoin, Ethereum, Litecoin, and other cryptocurrencies in a retirement account.
BitIRA was founded in 2017 and is based in Los Angeles, California. The company is one of the first to offer a cryptocurrency IRA, and has been featured in major publications such as Forbes, CNBC, and The Wall Street Journal.
BitIRA offers two types of retirement accounts: a traditional IRA and a Roth IRA. Both account types allow investors to hold cryptocurrencies, but there are some key differences between the two.
Traditional IRAs are funded with pre-tax dollars, which means that investors can deduct their contributions from their taxes. Roth IRAs are funded with after-tax dollars, which means that investors can’t deduct their contributions from their taxes.
BitIRA also offers a self-directed IRA, which is a type of retirement account that allows investors to hold alternative investments, such as real estate, gold, and cryptocurrencies.
Investors who open a BitIRA account can choose to invest in one or more of the following cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and Ethereum Classic.
BitIRA charges a monthly fee of $10, plus a 1% annual fee on the value of the account. There is also a $25 transaction fee for each cryptocurrency purchase or sale.
BitIRA is a great option for investors who want to invest in cryptocurrencies but don’t want to go through the hassle of setting up a cryptocurrency wallet.
The company is one of the few that offers a wide range of investment options, and it has a minimum investment requirement of $5,000.
BitIRA also offers a referral program, which gives investors a $100 bonus for each friend or family member who opens an account and funds it with at least $5,000.
BitIRA is a great choice for investors who want to invest in cryptocurrencies but don’t want to go through the hassle of setting up a cryptocurrency wallet.
4. Coin IRA:
If you’re looking for a way to invest in cryptocurrency without having to put up your own money, a Coin IRA may be a good option for you. With a Coin IRA, you can use your retirement savings to invest in Bitcoin, Ethereum, Litecoin, and other digital currencies.
Coin IRAs are growing in popularity, as they offer a way to invest in a new and exciting asset class without having to put any of your own money at risk. And, since your retirement savings are already invested for the long term, you don’t have to worry about timing the market with a Coin IRA.
Conclusion
If you’re looking to invest in cryptocurrencies for your IRA, there are a number of platforms to choose from. We have compiled a list of the 4 best crypto IRA platforms of 2022 based on factors such as fees, investment options, and customer support. Whether you’re just starting out or are a seasoned investor, we hope this list will help you find the right platform for your needs. Have you started investing in cryptocurrencies through your IRA? Which platform do you use? Let us know in the comments below!
