2022's #1 Retirement Tip - Learn How To Buy Gold - Click Here
Find Out More About Buying Gold In 2022. Start Here: Invest In Gold Today To Save Your Retirement Account. Don't Wait! Find out about the Best Gold & Silver Investing Company & Diversify Today.

Crypto IRA Companies11 min read

Reading Time: 8 minutes

In this crypto IRA article, I compare many of the crypto IRA companies that existing today and the cryptocurrency investing options that you have today. You’ll understand the best Bitcoin IRA companies, how to store it, minimum investments to consider, the pros and cons of options out there and more. Finally, you’ll know whether or not it’s safe to invest in a crypto individual retirement account today.

Do you have a plan to invest in cryptocurrencies? Do you want to help yourself in setting up a successful retirement? If so, you may have to consider crypto IRA investment.

What Is Crypto IRA?

What is Crypto IRA? Is Cryptocurrency Investing Good?

A cryptocurrency IRA is a kind of Self Directed Individual Retirement Account in which you can hold digital coins, instead of conventional bonds and stocks, in a retirement account.

Yearly, you can give in or add up to $6,000 to your IRA or $7,000 if you are more than 50 years old.

So, you don’t have to be an expert mathematician to do the computation and see the possible development that can take place between today and your retirement date.

However, do you know how to invest in a crypto IRA? Are they good alternative assets? When and how to start? Luckily, there are a lot of bitcoin IRA companies online that can assist you in making the process easier.

To help you find the right crypto IRA companies and, at the same time, avoid scams, we have reviewed the best and most reliable choices available.

Continue reading to learn more about each crypto IRA company and choose the best one that fits your needs and requirements, so you will have a remarkable investing journey to prepare for retirement.

Best bitcoin IRA companies today

Best Bitcoin IRA Companies Review

If you are considering investing in a Bitcoin IRA, also called a crypto IRA or cryptocurrency IRA, exercising a traditional IRA rollover, 401K or 403b, Roth IRA rollover to a crypto IRA. You have to consider reading this Cryptocurrency IRA companies review.

Coin IRA

If you are searching for the most reliable Cryptocurrency IRA provider, Coin IRA is the best contender.

This company was developed way back in 2017 and aimed to meet the interest of people who want to invest in crypto assets like Bitcoin.

This custodian provides many choices if you want to start investing in crypto for your retirement plan.

They can assist investors in opening up a new Crypto IRA account, or if your existing retirement portfolio account is eligible, they can also help investors roll over a current account into a new Crypto IRA.

You can select from many digital coins if you decide to open a Crypto IRA with this company.

Cryptocurrencies Offered

Some of the choices available include:

  • Bitcoin
  • Ethereum Classic
  • Litecoin
  • Ethereum
  • Dash
  • Zcash
  • Chainlink
  • Stellar Lumens

Stored Safely

The coins you buy can be stored in a hard-walled from many hosts, including Ledger and Keepkey, or you can keep them in an offline vault which the company provides.

With Coin IRA, investors have the chance to store digital coins for an IRA in their digital wallet; that isn’t always the case for cryptocurrency IRAs provided by other custodians or companies.

No Minimum Investment Amount

Another perk of choosing a Coin IRA for a crypto IRA is that you worry no more about a minimum investment amount.

With other types of accounts, the company needs at least $30,000 to open; Crypto IRAs aren’t subject to this regulation. You can make an account with less and add $6,000 yearly.

If you have a current retirement account and want to roll it into a crypto IRA, worry no more, as Coin IRA has a team of experts that works closely with you to complete the process.

It can be confusing trying to figure out if a retirement account qualifies for a rollover; the professional staff can assist you in checking and examining the eligibility.

He works closely with you to ensure the money is transferred from your current account to fund the new one.

You will enjoy many perks if you choose to use this company to set up a new Crypto IRA.

Supported by Goldco

First and foremost, the company is supported by GoldCo.com. The joining force of the two companies in the precious metals investment will give you confidence that you are dealing with a reliable and reputable company.

Safe and Sound

This bitcoin IRA company is secure and safe. There is no need to worry about personal information leaking out online.

They are also skilled and knowledgeable about the rules and regulations for Self Directed IRAs.

They comply with these rules to ensure their clients don’t face any hidden or unexpected charges or penalties.

If you hate contacting a company to ask questions, explore the choices, and get a hard sell with CoinIRA, you are at home.

They don’t believe in utilizing high-pressure techniques. Instead, they work to teach and educate clients regarding investing in cryptocurrencies and set up a crypto IRA to ensure each investment’s needs and objectives are met.

Pros

  • CoinIRA does not try to pressure clients into making investments they are uncomfortable with.
  • They are supported by Goldco, a reliable company in the precious metals investment industry.
  • Low transaction fees
  • CoinIRA provides security against fraud or theft around cryptocurrency purchases.

Cons

  • The site does not clearly show all the services offered, so you have to contact the company to know more about the specifics of dealing with CoinIRA.

BitIRA

This is one of the most reliable Bitcoin IRA firms. This IRA provider also provides digital currencies IRA or bitcoin IRA accounts.

This company works with reliable and respected IRA custodian companies to assist investors set up digital assets to branch out their portfolio and assist them, in the beginning, in setting up for a successful retirement.

Equity Trust company and Preferred Trust company are two custodian firms in which BitIRA works.

The account you open with Preferred Trust or Equity Trust Company will hold your digital currency investments until retirement.

Preferred Trust or Equity Trust will take over the managerial side of servicing the account.

At the same time, BitIRA will assist investors with choosing and putting digital currencies into the IRA account.

BitIRA provides an array of different digital currencies for investors. They can select from the following:

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Ethereum Classic
  • Ripple
  • Litecoin
  • Stellar Lumens
  • Zcash

One of the many perks of opening an account with BitIRA is that you are able to decide to invest in other assets.

Since this custodian is a type of self-directed IRA, investors can control the assets they hold in their retirement account and might select to invest in mutual funds, stocks, real estate, precious metals, etc.

BitIRA team is dedicated to assisting their clients in feeling confident and well-versed in setting up a new cryptocurrency IRA account.

They work closely with investors by setting up a new IRA account and choosing the digital currencies they want to include in it.

Suppose you are unsure which digital coins to invest in or have other queries regarding the process.

In that case, BitIRA has friendly and responsive customer service that is always available to provide support.

They also assist investors in completing all the required documents for the IRA, supervise the fund’s transfer for an IRA rollover, and make future contributions from the client’s account.

Do you have a current retirement plan? If so, you might qualify for a rollover into a new Crypto IRA.

Many types of accounts that might be qualified take account of the traditional or Roth IRA, 457, TSP or Thrift Savings Plan, 401K, and 403 b.

IRA rules can make it hard to determine whether your account is eligible. If not certain, let the professional team at BitIRA do the job for you.

Pros

If you deal with BitIRA, rest assured that your investment and personal details are safe and sound.

They prioritize security measures first to protect the investments of the customers.

For instance, instead of utilizing a hot wallet, BitIRA utilizes cold wallets- these aren’t connected online, so the information and investment are safe and sound. The credentials are stored on a device that is not linked online.

The device is secured to provide peace of mind. They are kept in a safe vault with armed guards. Your assets are also insured to eliminate possible remaining hesitancy.

BitIRA is composed of professional and skilled personnel who are helpful and support you in setting up a new account.

Personal information is kept on cold wallets, which are not linked online to secure your personal information.

They provide a wide selection of digital coins to select from.

Cons

  • You are not able to make an account on your own, so you should work with the staff.

Bitcoin IRA

Bitcoin IRA

This is another reliable Crypto IRA account contender. This application is ideal for retirement accounts as well as self-trade cryptocurrencies.

A prominent highlight that this IRA provider offers its users is offline stored investments.

The sleek style of this application assists investors in keeping track of the whole thing they want and need.

Access to selling, buying, price tracking, portfolio performance as well as additional support is available in an easy-to-access dashboard.

With BitcoinIRA, you can select from many different cryptocurrencies for the IRA.

The accessibility and availability of different digital coins assist traders with diverse financial needs and objectives in picking what they like to invest in.

Many digital currencies might cost a lot, while some are less than $1 00.

Cryptocurrencies Offered

With this company, investors can invest in many different digital coins for their Crypto IRA, such as:

  • Bitcoin
  • Litecoin
  • Ethereum
  • Bitcoin Cash
  • Zcash
  • Stellar Lumens

This company enables investors to make a crypto Roth IRA, crypto IRA, crypto 401k, IRA Earn or Saver IRA, rollover IRA, and other cryptocurrency IRAs.

Bitcoin IRA advisors can help you figure out which type of IRA is ideal for assisting you in meeting your financial objectives.

The advisor work with the investor to assist with rolling over a current IRA, picking digital coins to include in their account, or addressing other concerns or questions you might have.

Pros

  • Setting up and tracking investments is easy and fast
  • Reliable IRA provides
  • Your assets are insured for $100m
  • 100% guaranteed offline asset storage
  • Earn 6% on crypto and cash and low trading fees

Cons

  • High-risk cryptocurrency investment
  • The preference for prices or costs might differ

iTrustCapital

iTrustcapital Platform

If you are searching for a reliable company for cryptos with reasonable fees, look no further than iTrustCapital.

This company provides the lowest minimum to trade and start amounts.

It is an ideal place to begin if you want to maximize the task benefits with the Bitcoin IRAs.

Investors with a lot of time on their hands gain a lot with this company with 24-hour transaction services.

The services are available at a one percent transaction rate for limitless storage as well as exchanging cryptocurrencies.

If you need efficient gains from your gold investments or Bitcoin investment, iTrustCapital is the best choice for those who want to save a considerable amount of money and maximize the results.

Cryptocurrencies Offered

iTrust Capital offers various kinds of crypto investment options, such as:

  • Bitcoin
  • Litecoin
  • Ethereum
  • Bitcoin Cash

Pros

  • There are no monthly charges
  • Buy and sell 24 hours per day
  • Annuities liquidate without tax implications.
  • Biggest Crypto IRA Platform

Cons

  • It takes time to make an account

Is Cryptocurrency Safe?

We can’t talk about digital currencies without discussing their security and safety of it. When we think about cryptocurrency safety, we look at two vital things:

Blockchain technology security which underlies all digital coin

The way in which digital coins are purchased via exchange or investment custodian.

Blockchain Security

Cryptocurrencies are backed and made possible through the blockchain- which is a very secure platform.

This safety is the main reason blockchain is regarded as a groundbreaking technology with the potential to reshape the world drastically.

Conclusion

It is highly recommended that you call some Crypto IRA companies before choosing your cryptocurrency investment.

Compare the fees, products, and services using crypto IRA reviews and your own homework into every company assessed- don’t just take our information for it.

Also, it is advisable to speak to a financial advisor prior to making any investment choices and avoid investing your funds that you can’t afford to lose.

Gold IRA Options Worth Looking Into

If you’re considering investing in any individual retirement account, then you need to check out the list I’ve provided below. I can say with confidence that these are the absolute best IRA companies to consider investing with today


Must-Read Articles:

About 

Edwin Cannon has spent his entire career in the financial industry and specializes in alternative investments and surviving marketing turbulence. He started My Retirement Paycheck to help educate consumers about retirement investment options that aren't typically introduced by advisors.