Find BitIRA (bitira.com) promotions and bonus offers here. The online investment platform allows you to invest in digital currencies for your individual retirement account (IRA). Highlights include a number of cryptocurrency choices, robust exchange and tip-top security. Keep reading for more on BitIRA and their current offer. See the best crypto IRA services here.
See our list of the best cryptocurrency offers here, including promos from Crypto.com, OKCoin and more.
BitIRA Features
Types of Accounts | Roth IRA, SEP IRA, Simple IRA, Traditional IRA |
Asset Types | Stocks, Bonds, Mutual Funds, Cryptocurrency |
Digital Currencies | Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Ripple, Stellar Lumens, Zcash |
Minimum Opening Deposit | $20,000 |
BitIRA is an online investment platform that walks you through the process of starting a digital IRA. The site allows you to diversify your retirement portfolio to include cryptocurrencies on a tax-deferred basis. You also get access to a specialized financial agent who will help you grow your funds. Other BitIRA features include:
Easy onboarding. Your personal digital currency specialist and in-house financial consultants will do the work for you: registering, completing the required paperwork and rolling over your IRA accounts.
Diversification. You can buy up to eight cryptocurrencies in your portfolio, minimizing your risks and maximizing profits. Investing in other assets, like precious metals, is also possible.
Dashboard. User-friendly and intuitive, you can navigate easily through your account to manage your portfolio, get help, check the fee structure, maintain contribution limits, assess tax implications and maintain withdrawals.
Exchange. Just like a regular crypto exchange, you can trade from one currency to another, or go from digital to fiat currency, allowing you to access a deep pool of liquidity, asset variety and same-day transactions.
Balance lookup. A quick update on how your digital assets are performing, as well as the current balance in US dollars.
BitIRA U. The knowledge base and blog helps you to stay updated on the latest in the crypto market. You can also sign up for free info guides, delivered weekly via email.
Secure. BitIRA has partnered with Preferred Trust Company, a licensed custodian, to manage your transactions and monitor your finances. Assets are stored offline in multi-sig wallets with each key at separate physical locations. Wallets for each account are held on a personal custom device inside Class 3 vaults with armed guards. Your assets are also protected by end-to-end insurance from theft, mistakes, fraud and hacking.
Support. Full-service support is available with knowledgeable digital currency specialists and dedicated IRA experts.
BitIRA Fees
While there is no fee for trading cryptocurrencies on the platform, BitIRA – via Preferred Trust Company – charges a $50 account establishment fee and custodian fees ranging from $300 to $1,000 per year, depending on your balance. There are also deposit, withdrawal, stopped payments and returned check charges, as well as other standard fees.
Bottom Line
BitIRA gives you an alternative way to invest for your retirement – with digital assets. The platform offers a range of cryptocurrency choices, industry-leading security and advanced currency exchange capabilities. BitIRA is ideally suited for individuals who seek an innovative way to diversify their retirement portfolio, while having complete control of a self-directed IRA.
Bitcoin IRA is another option that lets you buy and sell crypto in your IRA. However, if you’re not familiar with the ins and outs of digital currency, we recommend you stick to more traditional trading platforms.
Also, see the promos from J.P. Morgan, Ally Invest and other investing services.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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