Best if you want
A platform to invest in both cryptocurrency and gold, as well as opportunities to earn interest on your assets, including cash (up to 6% annually); Bitcoin IRA also offers a strong mobile trading experience in addition to the desktop experience.
Fees
Bitcoin IRA charges fees in three ways:
- Initial deposit fee: 5.99%
- Transaction fees: 2% of all trades
- Monthly account fee: 0.08%
What you can invest in
Bitcoin IRA lets you invest in over 60 cryptocurrencies (like Bitcoin (BTC), Ethereum (ETH), and many more). Bitcoin IRA uses cold-storage for your crypto for maximum security. In addition, your custodial assets are insured for up to $700 million.
In addition to crypto, Bitcoin IRA also allows you to purchase real, physical gold. When you purchase gold through Bitcoin IRA, you receive ownership rights to investment-grade, US-certified gold bars, where 1 Gold represents one fine troy ounce of a London Good Delivery gold bar. Your Gold is stored in professional vault facilities (Brink’s bullion vaults) and its value ties directly to the real-time market value of physical gold.
One of the features of Bitcoin IRA is the ability to earn interest on your assets. With the Earn program, you can earn up to 6% interest on cash and crypto. This interest accrues daily and pays out monthly. This is a great option for those who want additional ways of earning within their IRA.
Limitations
Bitcoin IRA charges higher fees than some other platforms; however, crypto trading platforms generally come with higher fees than a standard IRA. Some of Bitcoin IRA’s features – like the ability to earn additional interest on your assets – may help to offset these fees.
Conclusion
Bitcoin IRA offers a compelling solution for those who are interested in adding cryptocurrency or gold (or both) to their IRA. The platform allows investment in over 60 cryptocurrencies, as well as in real, physical gold. Bitcoin IRA offers best in class security and convenience by handling storage and insurance of your assets on your behalf. Finally, Bitcoin IRA has invested in its customer experience by offering both a mobile and desktop experience, along with responsive customer support. While the fees are somewhat higher in this account than some others, other compelling features make Bitcoin IRA a competitive option for those interested in crypto or gold trading in their IRA.
