It is now possible to open a Coinbase IRA Account through their new partner Regal Assets, who have been mainly a precious metals IRA company up until a couple of years ago when they started to offer cryptos to it´s new and existing clients as well. Now, at the end of this year (2019) they have partnered up with Coinbase making a statement in the industry that if they weren´t already the nr 1 attractive company to do Bitcoin IRA business with, they now most definitely looks like the king in the space.
Cryptocurrencies and Cryptocurrency IRAs are not a new thing in the United States of America. Coinbase and Regal Assets are however taking things a notch higher with the provision of financial services that revolve around crypto IRAs.
In the latest strategy outlined by these two firms, customers will now have the opportunity to crypto IRAs that will enable them to gain access to the widest variety of digital assets, through Coinbase platforms.
Regal Assets’ role in this partnership is to ensure that all users enjoy the lowest fees in the market and that their assets are protected by a very comprehensive insurance policy. Regal Assets has specifically set aside $200 million for the insurance of all Bitcoin IRA accounts.
With the new crypto IRAs, consumers will have the option to choose from the next-generation tokens including the following:
– Basic Attention Token
Until recently, these Crypto IRA holders could only access the popular cryptocurrencies such as:
The Only Company That Can Offer 30+ Tokens
Owing to the new developments, Regal Assets will be in a position to support 30 different tokens. As a crypto IRA holder, you will comfortably place the following tokens in your retirement investment account: ZRX, ALGO, BAT, BTC, BCH, USDC, XLM, LINK, GNT, ETH, EOS, ZEC, CVC, DAI, LOOM, DASH, XTZ, BSV, ZIL, MANA, XRP, ETC, MKR, LTCM, and DNT.
Coinbase’s move to the crypto IRA space marks the beginning of new dawn in this sector, and most specifically to Regal Assets, which is a market leader in this industry.
Tyler Gallagher, who is the founder and CEO of Regal Assets was heard saying that clients are responsible for making all decisions when it comes to the selection and allocation of digital assets, but they do not have access to proper guidance that would only come through better connections with dedicated account managers. Such is the reason behind the two companies teaming up to ensure that such clients get top-quality services that will maximize their retirement investment returns.
Regal Assets made its entry into the crypto IRA service provision arena in 2017, upon the reception of a cryptocurrency trading license. This automatically led to Regal Assets facing off Bitcoin IRA as a competitor.
Bitcoin IRA has had its activities slowed down due to the scuffle that has been looming between them and Kingdom Trust. Kingdom Trust also happens to be the official Regal Assets’ trusted custodian. According to Kingdom Trust, Bitcoin IRA hired BitGo and had client accounts moved there. The practices used to make this transfer were deceptive, and that is why Kingdom Trust decided to block clients from accessing their data on the Bitcoin IRA official website.
A federal Trust judge serving in South Dakota District Court, however, ruled against Kingdom Trust, and this means clients will have full access to their data on the Bitcoin IRA website.
What should you do with this information?
If you have an already existing account with Regal Assets, then all you should do is to give their support staff a call and discuss the best approach to rebalance your portfolio by purchasing the newly introduced digital coins.
If you, however, are an investor who has not created your IRA account with Regal Assets, then you should either give them a call or simply fill out the account set-up form provided on the official website.
Regal Assets stands out in the provision of client education, thus you should not worry about what you are getting yourself into. You can have a no-obligation investment kit sent to you by simply providing your email address. If you do not have a pre-existing IRA account, the support staff at Regal Assets will create your new Bitcoin IRA, and you can start funding it by wiring the funds from your bank account, in order to begin investing immediately.
If, on the other hand, you have an existing individual retirement account (IRA) or a 401 (k) account, you have the option to simply roll over your funds into a Regal Assets Bitcoin IRA, which is offered through a platform known as Regal Wallet.
What will happen if you are an investor who is simply looking for a way to invest outside the regular retirement plan frameworks? The good news is that Regal Assets accepts cash deals for such investors, and you can create your investment income without having to commit to an IRA system.
I hope you found this short post about the new IRA account partnership between Coinbase and Regal Assets to be helpful and interesting. Please share your own experience in the subject in the comment section below! 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.