In this article, we clearly present tips for the Top 5 Best Bitcoin IRA companies along with their pros and cons. Crypto have alongside with gold proven to be the asset to have in the beginning of the crisis year called 2022… Not many asset classes can compare to Crypto when it comes to ROI potential!
Top-5 Bitcoin IRA Companies
1: Regal Wallet – The company that got the widest selection of cryptocurrencies to pick from, because you didn´t think Bitcoin and Ethereum will be the only winner at the end, did you? This company offer you the safest storage in the world (cold storage) and your investment is fully insured!
2: Coin IRA – This is a sister company of the great Gold & Silver Investment company Goldco, so you know you will deal with professional money managers. Also offer you the safest storage in the world in the form of cold storage! Highly recommended!
3: BITIRA – This company have been helping retirees to put Bitcoin in their retirement account for several years now. It is the sister company of the well-known and trusted Birch Gold Group.
4: Noble Bitcoin – Another sister company, to the Noble Gold Investment firm that helps American retirement aged folks putting precious metals in their portfolios. Their slogan is that they can set up a Bitcoin IRA for you in 5 minutes, no matter where in the world you are!
5: Broad Financial – This company allow you to easily rollover funds from your choice of IRA plan or retirement account no matter if you go for a SEP IRA, 401(k), Roth IRA, etc. Bitcoin and some other cryptocurrencies are available!
Best Cryptocurrency IRA Companies | Our Top-5 List
| # | Top Companies | Our rating: | Stats | More Details: |
|---|---|---|---|---|
| 1 |
Regal Wallet |
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Fees
Transparency
Reviews
Support
Storage Safety
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Learn more |
| 2 |
Coin IRA |
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Fees
Transparency
Reviews
Support
Alt Investing
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Learn more |
| 3 |
BitIRA |
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Fees
Transparency
Reviews
Support
Storage Safety
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Learn more |
| 4 |
Noble Bitcoin |
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Fees
Transparency
Reviews
Support
Storage Safety
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Learn more |
| 5 |
Broad Financial |
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Fees
Transparency
Reviews
Support
Storage Safety
|
Learn more |
Introduction
Cryptocurrencies continue to shake the world. The rate of adoption of digital currencies has given various financial institutions the confidence that they can create financial products based on cryptocurrencies as opposed to the usual functions of traditional assets. Without a doubt, one of the greatest creations of our time was the Crypto IRAs. The popularity of the crypto IRAs can only be related to the popularity of their underlying digital currencies.
Here is a detailed explanation of what a cryptocurrency IRA is. You will also get information on the best cryptocurrency IRA companies to deal with as you move towards creating a sustainable investment income that will allow you to have a good time after retirement.
What is cryptocurrency?
Cryptocurrency is an alternative currency that uses cryptographic functions to facilitate all types of financial transactions. This currency is based on the internet and its existence is deeply rooted in blockchain technology. In this way, cryptocurrencies can provide users with much-needed mobility, decentralization, and transparency. Devolution is perhaps the most attractive advantage of all types of cryptocurrencies. This factor sets it apart from all other currencies as there is no central authority to process cryptocurrencies. This makes the cryptocurrency immune to government intervention.
Cryptocurrencies can be efficiently transferred between two parties using private and public keys. These transfers typically require minimal processing costs from the parties, an advantage that has attracted an impressive number of people and businesses.
So, where exactly do cryptocurrencies come from? The first major announcement of a viable and secure cryptocurrency came in late 2008 when Bitcoin’s inventor Satoshi Nakamoto announced that he had successfully created an electronic peer-to-peer system that enabled cash transfers. At the time of its creation, Satoshi created a digital currency that facilitated financial transactions in the same way as cash. In January 2009, Bitcoin was released to the public as an electronic money system that relied on peer-to-peer networks to prevent double-spending.
What are Crypto IRAs?
Cryptocurrency IRAs allow investors to invest in various types of digital cryptocurrencies with their retirement savings funds. It is generally considered an independent IRA offered by a company that transfers funds to an alternative investment account to investors. These organizations allow individuals to initiate independent IRAs based entirely on cryptocurrency or a combination of such IRAs and other traditional IRAs.
A standard IRA is used by people who own it simply to hold money market funds and traditional securities such as stocks and bonds. Cryptocurrency IRAs, on the other hand, are typically designed in a way that gives investors additional opportunities to invest their money in cryptocurrencies. Crypto IRAs are also known as Bitcoin IRA. The name comes from the most popular cryptocurrency, Bitcoin. Thus, investors with a Bitcoin IRA can also invest in other cryptocurrencies such as Litecoin, Ripple, and Ethereum.
Bitcoin IRAs, like other traditional IRAs, generally require custodial oversight. Holders working as large corporations usually control standalone Bitcoin IRAs. It is important to note that Bitcoin custodians in IRAs do not, in most cases, have fiduciary responsibility for what they manage.
4 Top Cryptocurrencies to Invest in Crypto IRAs
Bitcoin
Bitcoin is the most popular cryptocurrency in the world. Despite rumors of this cryptocurrency collapse, it has strengthened its position as a viable alternative investment option in the cryptocurrency IRA world. Choosing Bitcoin which is currently the most valuable currency for your Bitcoin IRA is a smart choice to make.
Ethereum
Named after Ethereum, the company that created it, Ethereum is a unique cryptocurrency. Its properties make it a suitable vehicle for value transfer, especially with respect to commodities such as property. With Ethereum, customers can get ready-made wallets that no other company has.
Litecoin
Litecoin is a popular cryptocurrency that is exactly the same as Bitcoin, but faster and cheaper. Litecoin is popular with people making multiple trades because of its very low transaction fees. These features also make it an excellent choice for a cryptocurrency IRA.
Ripples
Ripple is another popular cryptocurrency that has a scattered worldwide network of offices for sale. This demonstrates the decision of the creators of this cryptocurrency to ensure global use. As one of the most popular cryptocurrencies in the world, Ripple can be a lucrative alternative to cryptocurrency IRAs.
P.S. For a full list of the top-16 coins to have in a cryptocurrency IRA see this page
Why Invest in a Cryptocurrency IRA?
Let’s say you decide to invest in a Bitcoin IRA in addition to or instead of existing assets we know of. Are there any remaining benefits? Yes. With a Bitcoin IRA, you can:
1. Protect yourself from banks and other financial institutions. If you are the type of person who would legally deny your bank access to your investments, you should use a Bitcoin IRA.
2. For portfolio diversification, traditional assets have been shown to be vulnerable to negative market factors. In the past, investors lost a lot of money because they invested all their money in stocks and bonds. Including cryptocurrencies in your portfolio has proven to be a decent way to diversify. Since cryptocurrencies are a promising asset, you can leverage your portfolio even if other assets are performing poorly.
3. To achieve long-term growth – Cryptocurrency prices are very volatile, but analysis shows that they will increase in value over the long term. This can be explained by comparing the value of Bitcoin today with the value of Bitcoin when it was first created and launched.
4. Generates higher odds of winning on future price movements. The truth is that some cryptocurrencies are still cheap and still available. This means you need to buy it and put it in your Bitcoin IRA before the price drops.
How do I invest in a cryptocurrency IRA?
The establishment of a Bitcoin IRA company made it easier to invest these digital assets in an IRA account. With only minimal few steps, you can get an operational self-directed Bitcoin IRA that will give you future profits.
How it works:
Find an appropriate IRA service provider that offers you the opportunity to invest in a cryptocurrency IRA.
If your IRA company doesn’t provide custodial account management services, look for a company where the service is supported.
Purchase cryptocurrencies with funds from a 401(k) or IRA and store the crypto coin in a suitable wallet (cold storage).
Top 5 Best Cryptocurrency IRA Companies
In addition to providing a lot of information about cryptocurrency IRAs, we have compiled a list of the 5 best Bitcoin IRA service providers you can choose from below.
1: Regal wallet
Regal wallet is an invention of Tyler Gallagher, the well-known CEO of Regal Assets, popular as one of the best precious metal IRA custodians. Regal Asset’s ability to provide services with sincerity and clarity to its customers has earned the trust of many other customers, showing that it has become a company that people find valuable services for. Regal Wallet is simply an extension of Regal Asset’s expertise in providing services that enable customers to invest in cryptocurrency.
Regal Wallet sets itself apart from its competitors with excellent customer service with few complaints over the years. She was also able to impress customers with her attitude to safe refrigeration. Cold storage has proven to be the safest way to store cryptocurrencies, and with the professional services provided by Regal Waller, you get the best platform to invest in Bitcoin.
Since its inception in 2009, Regal Wallet has consistently maintained an operating mechanism that streamlines the delivery of services in a way that attracts customers, and its main goal is to maintain an intolerable bureaucracy in the industry and unscrupulous retailers to extort investors.
Tyler Gallagher’s leadership style has been recognized by leading publications around the world including Smart Money, The Huffington Post, Forbes, Market Watch, and Street.
As a new customer looking for services offered by Regal Watches, we are confident you won’t have any major problems. In just 4 simple steps, you can store your cryptocurrency in the most secure way. Here are the steps:
– Fill out the Bitcoin IRA form so Regal Wallet can open a free account.
– Accounts will be created within 24 hours.
-Finance the freshly created Bitcoin IRA.
– Regal Wallet downloads wallets and stores them in cold storage.
Regal Wallet charges a monthly storage fee of 0.07% after the first year. Additionally, customers are charged a $230 administration fee after the first year. This is the lowest charge a customer can pay when looking for a related service.
As such, Regal Wallet is ranked #1 among the most recommended cryptocurrency companies by the IRA.
Benefits
- Regal Wallet offers your cryptocurrency full insurance.
- Low administration and storage fees in the Crypto IRA industry.
- It provides services to clients all over the world compared to its competitors that provide services to just one continent or one country.
- Offer you a wider choice of cryptos to choose from than any other company in the industry
- It provides the safest storage method.
- This process is greatly simplified.
Drawbacks
- The minimum investment amount is 10,000.
==> Learn more about Regal Wallet on this page
2. Coin IRA
Coin IRA is a service that allows investors to include cryptocurrencies into their retirement plans. Investors are matched with a portfolio manager who would guide them through investing options and assist them to build a customized portfolio.
Coin IRA products and services
Coin IRA is a company that focuses on assisting customers with the purchase, sale, and investment of digital currencies. Coin IRA uses features like software wallets and secondary keys to safeguard your money and increase account security. Coin IRA’s main offerings are crypto IRAs and crypto purchases with cash.
Crypto IRA: Crypto IRAs work the same way as standard IRAs. Once the account is opened, it is independent and you are free to trade cryptocurrencies online with your account. Your cryptocurrencies are stored in “cold storage” to prevent data breaches or the risk that hackers may gain access to your investments. Coin IRA works with a trusted guardian network that complies with IRA laws and regulations.
Buy Crypto with Cash: Coin IRA makes it easy to buy BTC, ETH, Litecoin, and XRP. Coin IRA has committed employees and expert financial advisors to help you understand the details of different types of cryptocurrencies. There is no upper limit purchasing and Coin IRA makes sure that you are protected from fraudulent activity when purchasing cryptocurrency.
What is Quickcoin offered by Coin IRA?
Quickcoin by Coin IRA is a licensing organization that facilitates the purchase, storage, sale, and trading of cryptocurrencies. Quickcoin was originally Facebook’s integrated software for trading Bitcoin through various social networks. Plenty of crypto firms have copied this service model and developed software to facilitate crypto transfers.
Pros
- Minimal costs of the transaction
- Supports offline wallet storage option
- High-security functionalities
- Many cryptos offered
- Top-rated company by it´s clients and from independent 3rd party consumer protection agencies
Cons
- IRA Minimum Investment
Coin IRA works directly with customers to reduce transaction fees. Select from three storage options which includes offline storage wallets. Transactions that involve suppliers are possible during additional hours
==> Learn more about CoinIRA on this page
3: BitIra
Birch Gold Group is the company behind the popularity of BitIRA. It opened its first customer group in 2017. This company was created solely to help investors find the best when opening a Bitcoin IRA account. Birch Gold Group, which has teamed up to oversee the operation of the newly formed BitIRA, has been in business for many years and its employees have over 100 years of experience in the IRA’s precious metal services sector.
The experienced team is popular for their expertise in creating digital IRAs as well as managing the same types of accounts. For this reason, it has been highly rated by the Better Business Bureau and Business Consumer Alliance.
Andy Klein is one of the most important players on BitIRA’s management team. Andy is Head of Strategic Planning at Birch Gold Group and BitIRA. He is also the Marketing Director of the Birch Gold Group and has held this position since 2011. He is also known as a key member of the Forbes Finance Council. Having such a person on the BitIRA team will help you gain the trust you need between new and potential customers.
Opening a new account on BitIRA is fast and efficient. BitIRA’s internal IRA section handles all the intricacies so you can relax and watch your investment grow. Previously, the company relied on services provided by established guardians such as Edward Jones, Fidelity and Merrill Lynch.
BitIRA is currently working with IRA’s leading professional partners to provide health care, secure assets for customers, hold digital currencies, and provide real-time exchange transactions. BitIRA is currently working with Preferred Trust Company, a trusted strategic partner responsible for providing healthcare to its customers.
If you choose to work with this company, the security of your cryptocurrency is guaranteed. They offer their customers the opportunity to store their cryptocurrencies in cold storage. It is essentially a hacker-resistant and autonomous method of storing digital currencies.
The digital currency products offered by BitIRA are nearly identical to those offered by their competitors, making them a reliable company to grow their assets as they near retirement.
Benefits
- You can purchase and store up to 8 cryptocurrencies with BitIRA.
- The company provides end-to-end insurance for all assets.
- An enhanced, simple and easy application process
Drawbacks
- There is no clearly defined pricing structure.
==> Learn more about BitIRA on this page
4: Noble Bitcoin
Noble Bitcoin is unimaginable without Charles Thorngren and Collin Plume. The two have worked together to solve an unsolved problem in the Bitcoin IRA industry that they deserves substantial attention. According to Thorngren and Plume, the industry’s financial advisors were dishonest about charging outrageous prices to customers without providing fair results. These two partners don’t think it’s fair to mis-sell their profits. Finding common ground, the two partners set out to create a digital IRA that puts the interests of their clients first.
Thorngren and Plume are also behind the IRA’s precious metals company, Noble Gold. Noble Bitcoin was created to handle Crpto IRA transactions from all interested clients. Noble Gold’s reputation has not been compromised, and most customers know it for their efforts to protect their property and accounts. In this way, customers can go about their daily lives without the pressures that can arise from poor account management.
If you are interested in opening an account with Noble Bitcoin, you can do so in minutes by opening the online application on the company’s official website. The company is only asking you to provide information about opening a new Bitcoin IRA. Once the data and permissions are verified, Noble Bitcoin will take over the transfer process, transferring your current 401(k) savings to the newly created Bitcoin IRA.
When money is deposited into a Bitcoin IRA account, Noble Bitcoin usually buys the best combination of cryptocurrencies. The best thing about this company buying cryptocurrency is that its employees really care about your best interests. They hold your hand throughout the process and ensure you get the best digital cryptocurrency products for your money. The company is only interested in the four largest cryptocurrencies in the world: Bitcoin, Ripple, Ethereum, and Litecoin.
Benefits
- You can purchase the 4 most valuable digital assets through this company.
- In partnership with Noble Gold, you may also include some precious metals in your investment portfolio.
- Depends on the services of BitGo, a well-established crypto wallet provider.
Drawbacks
- The company does not disclose how it charges various investment accounts.
==> Learn more about Noble Bitcoin on this page
5: Broad economy
Broad Financial stands out from the competition with a strong belief that Bitcoin is the right way to invest. It’s this passion that Broad Financial’s staff helps clients monetize in Bitcoin and other investments. Broad Financial not only focuses on traditional investment assets but also allows its clients to invest in so-called alternative assets.
The company’s popularity may be due to its decision to create a platform that allows investors to create a variety of alternative asset classes rather than relying on traditional annuity asset classes. During major financial crises like the Great Depression of 2009, many investors lost more than 40% of their assets in traditional IRAs and 401(k) annuity portfolios. To help these investors return, Broad Financial has decided to modernize its existing IRAs into a self-managed option.
Broad Financial continued to develop the Solo 401(k) and self-directed IRAs. This app is designed to improve efficiency by providing speed, better asset selection, and flexibility in the transfer and termination of various IRA asset options. This is termed checkbook control. The main idea was to eliminate all transfer fees by allowing customers to transfer money and invest only by writing a check.
Broad Financials’ management team includes Brain Finkelstein, Mervyn Klein, and Daniel Gleich. These three partners have extensive experience in the financial markets and have been leaders in many prestigious companies. Their presence at Broad Financial is a very strategic step towards building trust among investors with very large portfolios.
The Bitcoin IRA accounts held by the company’s clients are called Ultimate Bitcoin IRAs. To open such an account, customers must rely on the expertise of good vendors with very specific knowledge of how to acquire new customers through the self-employed. Broad Financial also offers a full range of healthcare services to eliminate traditional storage intermediaries.
The company does not fully disclose how it stores the bitcoins its customer’s purchase. As one of the best Bitcoin IRA developers, this is the weakness of the company’s marketing strategy. IRA storage for cryptocurrencies is a very sensitive area as there are many cases of losses related to Bitcoin theft.
Benefits
- Offers a wide range of self-maintaining IRAs.
- Multiple alternative investment options designs
- They eliminated the middleman very effectively.
Drawbacks
- It is not open about the fees charged or management fees.
- The official website does not mention any other cryptocurrency options other than Bitcoin.
==> Learn more about Broad Financials Crypto IRA on this page
Final words
You are a smart person and you made a wise decision to read this article, so I am absolutely sure that you will find the right company to do business with and that you feel 100% confident with.
P.S. Important!
Make sure to compare companies against each other before making any final decisions, especially when it comes to what exact fees are involved as that is where most scams and rip-offs take place.
| # | Top Companies | Our rating: | Stats | More Details: |
|---|---|---|---|---|
| 1 |
Regal Wallet |
|
Fees
Transparency
Reviews
Support
Storage Safety
|
Learn more |
| 2 |
Coin IRA |
|
Fees
Transparency
Reviews
Support
Alt Investing
|
Learn more |
| 3 |
BitIRA |
|
Fees
Transparency
Reviews
Support
Storage Safety
|
Learn more |
| 4 |
Noble Bitcoin |
|
Fees
Transparency
Reviews
Support
Storage Safety
|
Learn more |
| 5 |
Broad Financial |
|
Fees
Transparency
Reviews
Support
Storage Safety
|
Learn more |
Ok, there you got our top 5 recommended Crypto IRA companies and their pros and cons, they are all good alternatives and in the end, it comes down to your personal preferences and who you find most benefits doing business with. We hope that this article will help you to choose and invest wisely. Also, make sure to read our article on the top-16 coins to include in your crypto IRA.
Please do share your own experience in the comment section below, and share this page as it can help others! Also, if you got any questions about this I would be more than happy to answer them below!
I wish you success!
Michael, founder of Gold Retired
Bitcoin is the largest and most well-known cryptocurrency in use today. In 2008, Satoshi Nakamoto introduced the original code and concept. In 2009 he launched the software digitally, and since then people have been working on the system and helping to grow it into a global phenomenon based on decentralized server systems. Bitcoin is currently the most valuable cryptocurrency.
Although Ethereum is decentralized, it has more corporate origins than other cryptocurrencies. Developed in 2014 by the Ethereum Foundation in Switzerland, Ethereum is more than just a cryptocurrency. The software equally serves as a platform for transferring something of value, such as property or content. Ethereum offers a software wallet instead of depending solely on third-party programmers for security and storage. This exceptional and unique capacity of ethereum compared to other cryptocurrencies has made enthusiasts to believe that it will surpass Bitcoin and become the novel standard.
This short post will explain to you how to avoid Bitcoin scams once and for all. It is a short 3 minute read that will educate you enough in the subject so you can feel comfortable moving forward in your cryptocurrency investing journey.
As mentioned above, the scam artists always going to thrive in every new great market. It happened in the dot.com boom, and now it is happening in the crypto boom.
I will try to give you a short and simple answer to this. First of all, as mentioned above, avoid ALL of them. At least until you are educated enough to know what to look out for and understand how to spot the warning signs.
