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10 Best Bitcoin IRA Companies For 2022

best bitcoin ira companies

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In this post, we will check out the top 10 best bitcoin IRA companies.

The value of bitcoin has been on a roller coaster, but the cryptocurrency has made its way into retirement accounts.

If you’re thinking about getting involved in Bitcoin and you want to invest in it, you most likely are wondering if a Bitcoin IRA company is the best option.

Or maybe that’s not the question you wanted to hear, but the fact of the matter is, there are a lot of options out there when it comes to these companies. Let’s go ahead and check out the top 10 best Bitcoin IRA companies.

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10 Best Bitcoin IRA Companies For 2022

1 Bitcoin IRA

Bitcoin IRA is a company that offers bitcoin-based retirement accounts. Bitcoin IRA is a self-directed IRA company that allows investors to purchase bitcoin and other cryptocurrencies.

The company enables users to invest in 60+ cryptocurrencies and lets investors earn interest on their crypto asset holdings. They have been popular among retirement investors who want to diversify their portfolios with cryptocurrencies.

Bitcoin IRAs allow you to invest in an alternative asset class through your self-directed retirement account at a lower cost than traditional investments like stocks and bonds, while giving you exposure to the recent rise in the value of cryptos such as Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC).

Signing up for a cryptocurrency IRA with BitcoinIRA is a seamless process and could be done in a few minutes. Users can trade crypto 24/7 online or using the Bitcoin IRA mobile app.

Cryptocurrency held with BitcoinIRA is securely stored offline and certified, delivering an increased level of security for investors. 

Pros

  • Easy setup
  • Supports more than 60 cryptocurrencies

Cons

  • High setup and maintenance fees
  • Fees are not transparent

2 iTrustCapital

iTrustCapital is a bitcoin IRA provider with a great reputation and low minimum deposit requirement.

It is a Los Angeles-based digital asset management company that delivers cryptocurrency IRAs to U.S. investors. 

iTrustCapital deals in various retirement accounts in the form of 25+ cryptocurrencies and precious metals which includes Traditional IRAs, Roth IRAs, and SEP IRAs.

The company is known for providing low trading fees (1%) and no setup fees for new IRAs. Users can easily buy and sell crypto assets on easy to understand dashboard.

New customers can get commenced with as low as $1,000. The company is reputed when it comes to the lowest service and trade fees. There is no monthly fee, no initial purchase fees, and broker fees.

Pros

  • Low trading fees
  • $1,000 minimum investment required
  • No monthly account fees

Cons

  • A restricted number of supported cryptocurrencies

3 BitIra

BitIra is a company that specializes in providing bitcoin-based retirement accounts. The company was established in 2017, which allows U.S. investors to invest in 15+ cryptocurrencies, which include Bitcoin, Litecoin, and Zcash.

BitIRA especially stands out among its counterparts when it comes to security. They store customer cryptos in a highly protected setup.

The company uses multi-encryption to encode all transactions and keeps end-to-end insurance to rescue users from a sort of risk.

BitIRA secures all digital assets which gives investors peace of mind when dealing with digital currencies. The company also delivers a $1 million consumer protection insurance policy to guard against inner cases of forgery or stealing.

BitIRA needs a minimum investment amount of $5,000 to initiate an IRA and instructs customers to operate with a digital currency specialist to unlock an account.

The Company authorizes clients to invest and trade in a total of nine types of cryptocurrency, which include Bitcoin, Ethereum, Ripple, and Litecoin.

Pros

  • The heightened level of security
  • No monthly fees
  • Multi-encryption encoding for transactions

Cons

  • A limited number of cryptocurrencies

4 Equity Trust

Equity Trust is one of the best Bitcoin IRA companies in the market. The company was founded in 1974 and has since been helping investors to invest.

It is one of the only companies that offers a full suite of services for all your retirement needs.

The company’s vast expertise in conventional investments with no transaction fees and individual suggestions make it our top choice for investing in Bitcoin IRA.

Once an account is open, you can quickly go ahead and start trading in up to eight cryptocurrencies, which include Bitcoin, Ethereum, and Litecoin.

Equity Trust is also well known for its top-class security utilizing some of the top security features, including multi-factor authentication and multi-encryption.

The company also delivers end-to-end insurance on its digital assets. The company does propose a dashboard to its clients for handling transactions and a lot of other things.

5 Regal Assets

Regal Assets delivers IRAs that permit clients to invest in both hard and digital which includes all favored cryptocurrencies.

It allows you to invest in Gold, Platinum, Silver, and other metals including Bitcoin, and Ethereum.

Regal Assets counted cryptocurrency in 2017. Although they are well known for precious metals however in recent times they allow the trading of prevalent cryptocurrencies.

The company’s site has a total of 22 supported cryptocurrencies, which include Bitcoin, Ethereum, Ripple, and Litecoin, however, it authorizes its customers to invest in any cryptocurrency.

Regal has also been brilliant at customer support. Regal’s experts begin working with customers and persist to be with them at every stage of the way.

Pros

  • Supports all cryptocurrencies
  • Flat-rate fees

Cons

  • Not good for investors with low retirement accounts

6 Broad Financial

Broad Financial is the best bitcoin ira company. It is a bitcoin ira company, and they provide the best investment options for investors looking to start their first retirement account with crypto assets.

Broad Financial was founded in 2004. Users can decide to trade on any exchange and use any wallet they enjoy while profiting from bearing funds in retirement accounts.

Broad Financial offers a Checkbook IRA, a Self-Directed IRA, and a Solo 401(k), which ultimately enable investors to count crypto assets into their retirement plans.

The company charges a hefty $1,295 startup fee and a quarterly custodial fee of $95. Overall Broad Financial is great when it comes to Bitcoin IRAs.

Pros

  • No minimum is required to get started
  • Unit of experts available

Cons

  • $1,295 account setup fee

7 CoinIra

CoinIRA is a company that offers a bitcoin IRA. It offers low fees and numerous storage options.

Coin IRA allows individuals to get started with its downloadable Guide to Cryptocurrency Investing which enlightens readers on the investment advantages of Cryptocurrency IRAs.

Coin IRA subsidizes investment and trading in Bitcoin, Ethereum, Litecoin, and a lot more. It also offers its clients the possibility to decide their class of asset security.

They have demonstrated the annual costs which include a $50 setup fee, a $195 annual maintenance fee, and 0.05% monthly for cryptocurrency storage. 

Pros

  • Supports bitcoin, Ethereum, litecoin, and more
  • You can pick your own storage wallet

Cons

  • High account minimum

8 Blockmint

best bitcoin ira companies

BlockMint is a known name as a Bitcoin IRAs company. It supports bitcoin, Ethereum, litecoin, bitcoin cash, and Ethereum classic.

Creating an account with Blockmint is easy, After opening an account, BlockMint teams you with a professional who directs you via the investment process and delivers ongoing support.

The company also has top security, and stores your crypto assets in two distinct vaults that are protected 24/7.

You can simply fund your account by transmitting or cruising over funds from the following accounts: traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, 401(k)s, 403(b)s, 457(b)s, thrift savings plans, or TIAA CREF plans.

9 Bitcoin Advizers

best bitcoin ira companies

Bitcoin Advizers is a trusted, registered, and insured bitcoin IRA company. It offers a variety of cryptocurrency options, investment options, and retirement plans.

Bitcoin Advizers directs you via the intricacies of creating cryptocurrency investment. Specialists at Bitcoin Advizers examine your needs, anticipations, and financial condition, then suggest the cryptocurrency that fits your retirement goals and the best IRA option.

Their focus is on clients’ teaching and understanding. They create the best investment plan per individual client. You acquire all the necessary information, and consultants help you in your investment conclusions.

Bitcoin Advizers also offers annual portfolio performance reports. Experts reevaluate your investments and retirement goals and allow you to readjust your investment plans accordingly.

10 My Digital Money

best bitcoin ira companies

My Digital Money is an American-based crypto trading platform that companions with My Equity Trust to deliver self-directed crypto IRA products.

The platform requires a one-time setup fee of $50, you can fund with your IRA funds and make tax-free profits.

You can open different types of IRA accounts, which includes:-

  • Simple IRA
  • Traditional IRA
  • Roth IRA

You have full command of your IRA funds, and you can consistently trade crypto independent of your IRA on the same platform.

Conclusion

It’s important to know your options if you want to invest in cryptocurrency. If you’re looking for a company that provides access to bitcoin IRAs, these 10 companies are some of the best choices.

They offer many different features and benefits so you can choose the one that best suits your needs.

Frequently Asked Questions

Bitcoin IRAs are a relatively new type of retirement account that allows investors to hold and trade bitcoins within their IRAs.

The idea is to make it easier for investors to diversify their retirement portfolios with cryptocurrencies and take advantage of bitcoin’s price appreciation without having to sell their holdings.

Bitcoin IRAs are available through several custodians, including the largest one in the U.S., Bitcoin IRA, and iTrustCapital.

Each custodian has its own set of requirements for opening up an IRA, but the basic process is similar across the board:

You can even transfer existing retirement funds into your new Bitcoin IRA if you want to roll over an existing 401(k) or 403(b) plan.

You’ll also need to decide how much money you want to invest in your bitcoin IRA — typically anywhere between $1,000 and $20,000 per year. Because there are so many different cryptocurrencies out there now.

Many investors are asking themselves if all Bitcoin IRA companies are safe. While it might be tempting to put all of your eggs in one basket, it’s always a good idea to diversify your investments.

If you’re looking for an easy way to invest in cryptocurrencies and bitcoin, then you might want to consider opening a self-directed IRA account. But there are some things that you should know before deciding on which company to use.

While there are several reputable companies offering bitcoin IRAs, there are also many that aren’t so reputable. If you want to protect yourself from fraud, then you’ll need to do your research and find out which companies are legitimate and which ones aren’t.

The following questions can help you determine if an investment firm is safe or not:

1) Is the company licensed by any government agencies? For example, if they’re operating out of Florida or California then they should have licenses from those states’ securities departments. If they don’t have any licenses then they probably aren’t regulated by anyone and could be operating illegally or even committing fraud!

2) Are their fees fair? Some companies may charge high fees just because they can get away with them because people trust them enough not.

Bitcoin IRAs are a new type of retirement account that allows investors to purchase Bitcoin, Ethereum and other cryptocurrencies in their retirement accounts.

Bitcoin IRAs are a relatively new financial product, but they have already found a place in the retirement accounts of many investors. There are some important benefits to using a Bitcoin IRA, including:

  1. Bitcoin is a relatively safe investment for your retirement account
  2. You can diversify your portfolio by adding Bitcoin to it
  3. You can optimize your tax rate with cryptocurrency investments

We have chosen the best bitcoin IRA companies based on a number of factors, including:

Fees. We looked at the fees charged by each company and whether they are competitive with other options.

Customer service- We evaluated the quality of customer service offered by each company, as well as how easy it is to reach someone when you need help.

Investment options- We looked at what kinds of investments are available through each company, as well as whether they offer any unique features or benefits.

Security features- We examined whether security features are offered by each company to protect your investment from theft or loss.

The best Bitcoin IRA companies offer a range of investment options and competitive rates and fees.

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