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In this post, we will check out the top 10 best bitcoin IRA companies in 2023.
Bitcoin has gained tremendous popularity in the investment world as a promising asset that can provide investors with high returns on investment.
While traditional investments such as stocks and bonds are still popular, investors are now looking for alternative investment options to diversify their portfolios and reduce risks. One such option is Bitcoin Individual Retirement Account (IRA).
A Bitcoin IRA allows investors to invest in Bitcoin through their retirement accounts, such as 401(k)s or IRAs.
Bitcoin IRA companies act as custodians that store Bitcoin on behalf of investors in their IRA accounts. These companies offer various services, including IRA account setup, secure storage of Bitcoin, and management of the IRA account.
As of 2023, several Bitcoin IRA companies offer reliable and secure services to investors.
In this article, we will take a look at the top 10 Bitcoin IRA companies that offer the best services to investors based on various factors such as security, fees, customer service, and ease of use.
Table of contents
10 Best Bitcoin IRA Companies 2023
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. iTrustCapital is number 2 in our list of 10 best bitcoin ira companies in 2023.
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. BitIra is number 3 in our list of 10 best bitcoin ira companies in 2023.
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. Equity Trust is number 4 in our list of 10 best bitcoin ira companies in 2023.
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
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
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
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.
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