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iTrustCapital Review 2023 – A Comprehensive Look at the Platform

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In this post, we will check out the extensive review of iTrustCapital in 2023.

ITrustCapital is a leading digital asset management platform that offers a wide range of services for individuals and institutions looking to invest in cryptocurrencies and other digital assets.

The platform is designed to be user-friendly and offers a variety of investment options, including managed portfolios and self-directed trading.

ITrustCapital prides itself on its professional and experienced team, which offers expert guidance and support to clients throughout the investment process.

Additionally, the platform is fully compliant with all relevant regulations, ensuring that clients’ investments are secure and protected.

Overall, ITrustCapital is a reliable and trustworthy choice for anyone looking to invest in digital assets.

iTrustCapital Review 2023

iTrustCapital History

iTrustCapital is a digital asset management company that was founded in 2018 by a team of experienced professionals in the financial and technology industries.

The company’s mission is to provide investors with access to a wide range of digital assets, including cryptocurrencies, in a secure and easy-to-use platform.

iTrustCapital’s platform allows users to invest in a variety of digital assets, including Bitcoin, Ethereum, Litecoin, and more.

The platform also offers a variety of investment options, including self-directed IRA and 401(k) plans, as well as managed portfolios.

In 2020, iTrustCapital launched its mobile app, allowing users to easily access their digital assets and track their investments on the go. The company also expanded its offerings to include fractional ownership of real estate assets.

iTrustCapital has also been recognized for its innovative approach to digital asset management. The company continues to grow and evolve, with plans to expand into new markets and offer new investment opportunities to its customers.

How iTrustCapital Works

iTrustCapital is a platform that allows individuals to invest in precious metals, such as gold and silver, using their traditional IRA or 401(k) account. Here is a step-by-step explanation of how the platform works:

  1. Sign up: The first step is to sign up for an account on iTrustCapital. This involves providing personal information and verifying your identity.
  2. Fund your account: Once your account is set up, you can fund it with cash or by transferring assets from an existing traditional IRA or 401(k) account.
  3. Choose your investment: iTrustCapital offers a variety of precious metal options to choose from, including gold, silver, platinum, and palladium. You can also choose between physical metals and digital assets.
  4. Purchase your investment: After you have chosen your investment, you can make a purchase using the funds in your account.
  5. Track your investment: iTrustCapital provides real-time pricing and tracking information for your investment, so you can monitor its performance.
  6. Sell or transfer your investment: When you are ready to sell or transfer your investment, you can do so through the platform. The proceeds will be credited to your account and can be withdrawn or used to make additional investments.

Overall, iTrustCapital makes it easy for individuals to invest in precious metals using their traditional IRA or 401(k) account.

The platform offers a variety of options and provides real-time tracking and pricing information to help users make informed investment decisions.

iTrustCapital Features

iTrustCapital is a platform that allows users to invest in physical precious metals, such as gold and silver, using their IRA or 401(k) account. Some key features of the platform include:

  • The ability to invest in physical precious metals, including gold and silver, using an IRA or 401(k) account
  • A user-friendly interface that allows for easy buying and selling of metals
  • Real-time pricing updates
  • Secure storage of physical metals in insured, third-party vaults
  • 24/7 account access and customer support
  • No management or storage fees

It also provides you to invest in cryptocurrencies as well and they are stored in cold storage with multi-sig wallets.

Cryptocurrency selection

itrustcapital review

iTrustCapital offers a wide variety of cryptocurrency options for investment, currently boasting a total of 28 different digital coins.

These include the most popular and well-known options such as Bitcoin and Ethereum, as well as other popular coins like Cardano, Dogecoin, Polkadot, Litecoin, Chainlink, Bitcoin Cash, Stellar, EOS, and Uniswap.

They also offer Compound as an investment option. It is worth noting that while they have a good selection of cryptocurrencies to choose from, it may not be as extensive as some other cryptocurrency exchanges that offer a wider range of coins to trade. However, they have promised to add two more cryptocurrencies soon.

Buy and Sell Crypto Within An IRA

iTrustCapital offers the ability to open an IRA or Roth IRA, which are tax-advantaged retirement accounts that allow you to claim deductions on contributions made to the account.

The contribution limit for an IRA in 2023 is $6,500. A Roth IRA allows you to contribute money without claiming a tax deduction now, but the income or gains inside the account will be tax-free.

Normally, it can be challenging to combine the tax benefits of an IRA or Roth IRA with cryptocurrency investments.

However, iTrustCapital makes it possible for users to open an IRA or Roth IRA and trade popular crypto assets within the account.

This allows for exposure to alternative assets and provides valuable tax advantages. iTrustCapital currently supports trading for 25 of the most widely used crypto tokens.

Hold Precious Metals Within An IRA

iTrustCapital is a platform that allows users to invest in cryptocurrency and precious metals.

The precious metals offered by iTrustCapital are backed by gold or silver, but the user does not physically own the gold or silver.

Instead, ownership is recorded through a digital ledger that uses blockchain technology.

High Trust Crypto Storage

iTrustCapital places a high priority on the security of its investors’ assets. To ensure this, the company implements various security measures, such as insurance against corporate and cyber crimes.

Additionally, they store the crypto tokens in cold storage to protect them from hacking attempts. Cold storage is a secure way to store the tokens even though it is not as convenient as storing them in a hardware wallet.

Are There Any Fees?

iTrustCapital charges fees for trading activities on its platform. There is no cost to open an account or store assets on the platform.

However, when you make trades, there are fees associated with it. These include a 1% fee for crypto transactions when buying and selling, a fee of $50 above the spot price per ounce for gold, and $2.50 above the spot price per ounce for silver when buying.

iTrustCapital Review 2023: Is it trustworthy?

Overall, itrustcapital has a positive reputation with the Better Business Bureau, with a high rating of A-.

However, it’s important to note that BBB’s ratings do not guarantee a company’s performance or reliability.

It’s important to do your own research and due diligence before making any investment decisions.

Additionally, itrustcapital has a clear legal history and has closed two complaints in the last 12 months, as per their BBB profile.

It is always important to keep in mind that even the best companies can have some complaints, it is important to evaluate the severity and how they were handled by the company.

ITrustCapital Review 2023 – Pros and Cons

Pros:

  1. Easy to use the platform: ITrustCapital has a user-friendly platform that is easy to navigate, making it accessible to even novice investors.
  2. Wide range of investment options: ITrustCapital offers a wide range of investment options, including cryptocurrencies, and precious metals
  3. Low fees: ITrustCapital has low fees compared to traditional investment options, making it more affordable for investors.
  4. High liquidity: ITrustCapital allows for easy buying and selling of assets, providing high liquidity for investors.
  5. Diversification: ITrustCapital allows investors to diversify their portfolios across different asset classes, reducing risk.

Cons:

  1. Only available to US citizens
  2. Requires self-directed IRAs

itrustcapital Review 2023 – Conclusion

After conducting a thorough review of itrustcapital, it is clear that they are a reputable and reliable company that offers a variety of investment options for clients.

Their platform is user-friendly and easy to navigate, and their customer service team is responsive and helpful.

They also have a wide range of assets available for investment, including traditional stocks and bonds, as well as alternative options like cryptocurrency.

Overall, itrustcapital is a solid choice for investors looking for a well-rounded investment platform. As of 2023, they have a strong reputation in the industry and have been providing quality service to their clients.


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Kamran Khan

A geek, who just loves to update sports, gaming, and tech updates from around the world to the other geeks out there. A passionate sports lover, a tech geek from the mind, and a gamer from the heart.

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