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Los Angeles-based investment platform, BitcoinIRA.com has claimed the title of being the only company that offers cryptocurrency-based retirement investment portfolios.
[Note: This is a press release.]
Bitcoin IRA has entered into agreements with leading investment custodians and cryptocurrency companies, enabling customers to invest both Bitcoin and Ethereum, in IRAs and 401k’s.
The investment platform’s collaborations include the leading custodian of retirement funds, Kingdom Trust and renowned cryptocurrency wallet BitGo. These collaborations have allowed for a combination of secure, multi-signature encryption wallets from BitGo, which enables Kingdom Trust to provide custodial services for the self-directed IRAs.
Bitcoin IRA has received significant media exposure from leading publications including The Wall Street Journal, QZ.com, Barron’s, and Investopedia as well as several popular cryptocurrency news websites.
In more recent news, Bitcoin IRA has launched a new service that extends the support from just Bitcoin to include both Bitcoin and Ethereum based retirement investment funds. The company’s choice to include either followed a standout year for the cryptocurrency that acquired the second largest market capitalization and recorded at least one day of higher trading volume than Bitcoin itself. Additionally, Bitcoin IRA is also evaluating the possibility of releasing new cryptocurrencies on its proprietary SDIRA platform, along with new features being driven by demand from existing stakeholders and clients.
Bitcoin IRA is currently the only Bitcoin-based retirement investment portfolio that enables individuals to invest in bitcoin and Ethereum for their IRA or 401(k). The platform coordinates with leading fintech professionals to provide secure, high-quality Bitcoin investments.
Bitcoin IRA offers both traditional and Roth IRA options, with the same tax incentives as standard IRAs and 401(k)s. Investors incur lower fees than other Bitcoin ETFs and standard investment funds. Investors in Bitcoin IRA also have complete control over their Bitcoin deposits, with no holding fees and the ability to withdraw once the term is over.
Images courtesy of Bitcoin IRA, AdobeStock