Today we review Blockmint. What is BlockMint? How does it work and what service is provided? Is it safe? Are there better alternatives? This is just a few of the questions we help you answer in this review today!
Name of the Company: BlockMint
Official Website URL: https://www.blockmint.com/
Owner: Lear Capital
Overall rating: (4.5 / 5)
Recommended? : Yes
What is BlockMint?
BlockMint is a company that was formed in the recent past by Lear Capital. Lear Capital has solidified its position as one of the largest precious metal dealers in the USA, and it also doubles up as a precious metal IRA provider. Lear Capital is popular for being quite professional in the delivery of the above-named services and has so far managed more than $3 Billion worth of retirement transactions. Such knowledge boosts the credibility of BlockMint to a great extent.
BlockMint specializes in the provision of investors with the opportunity to grow their 401(k) or IRA funds through the use of cryptocurrencies. Investors can, therefore, invest their Bitcoin as well as five other alternative currencies into well-structured tax-beneficial retirement portfolios. BlockMint assists these clients to purchase the cryptocurrency so that they can channel it into a cryptocurrency IRA. It also assists the same clients to sell the cryptos when they are ready to redeem their funds as they head to retirement.
BlockMint works together with New Direction IRA, which provides the IRA custodian services. With these two firms working hand-in-hand, a client can rest assured that the funding transactions, as well as the execution of the cryptocurrency trade, will be handled in a satisfactory manner.
How does it work?
BlockMint has outlined three easy steps through which any investor can get started with investing in a cryptocurrency IRA. In outlining these steps, BlockMint shows its commitment to the simplification of the roles that the client has to play, and it also shows how it handles all the cumbersome tasks.
The steps that clients follow are:’
BlockMint requires that you first fill out the simple and secure online retirement application form. This enables the support staff in this company to collect the crucial details that pertain to them opening your new IRA account.
2. Decide and indicate the amount you are willing to transfer to your Crypto IRA accountYou are then required to decide how much money you want to be transferred from your current retirement account to the newly created Cryptocurrency IRA.
Upon the transference of the funds, BlockMint assists you to select the most suitable cryptocurrency to invest in, as well as in the picking of the lock-in pricing.
BlockkMint’s Investment accounts and their pricing
BlockMint has a very functional website that shows the live prices of the cryptocurrencies that it offers. These cryptos are:
4. Bitcoin Cash
5. Ethereum Classic
6. Ripple –XRP
Regardless of the time that you choose to access the official website, you will always find the most current price listings for the above cryptocurrencies. BlockMint offers investors the chance to invest in these cryptos, with a minimum balance of $10,000 in one’s Crypto IRA. It also has other investment groups, which are essentially tranches of various amounts of funds that investors can deposit into their crypto IRAs. The investment groups are as shown below:
1. $10,000 -$25000
2. $25,001- $50,000
4. $100,000 +
BlockMint provides you with a free investment guide for any of the above categories that you decide to settle on.
BlockMint charges all clients a 15% commission fee on the purchase of the cryptocurrencies, but it also gives discounts if a client does a voluminous purchase. It is important to note that the minimum investment amount stated ($10,000) cannot be split between the listed Cryptos. This minimum amount is only allocated for to one type of cryptocurrency. If for instance, you want to buy three types of cryptocurrencies, then you must have $30,000 as the minimum amount of investment in your crypto IRA.
Are the services and products it offers genuine?
The genuineness of BlockMint as a Cryptocurrency IRA firm is beyond question. To begin with, this company is a subsidiary of Lear Capital, which is an established and trusted precious metal dealer and precious metal IRA firm. In the years it has been in operation, Lear capital has managed very large amounts of funds in the form of investment transactions, thus is a trustworthy company.
BlockMint also works in partnership with New Direction IRA, which is popular for its excellence in the provision of custodial services. This is brought out clearly in the reviews done on Retirement Living (https://www.retirementliving.com/reviews/blockmint-cryptocurrency-ira).
On Bitcoin Market Journal (https://www.bitcoinmarketjournal.com/best-bitcoin-iras/), BlockMint is listed as one of the best Cryptocurrency IRA firms in the world. All the above evidence points to a stable and reliable company that investors can rely on to invest in cryptocurrency IRAs.
BlockMint IRA offers investors from all walks an opportunity to grow their wealth in preparation for the age at retirement. As discussed above, this firm lets you channel your funds into a cryptocurrency IRA if you have a minimum of $10,000 in your current retirement account. This company then oversees all the relevant transactions, in a bid to make your crypto investment IRA grow.
Pros and Cons
It is always a good thing to compare the positive sides against the negative ones to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Simplifies Cryptocurrency IRA operations
– Offers several digital currency IRAs
– Transparency is at the core of service provision in this firm.
– Works with trusted partners.
– The assets it deals with are very volatile
Do You Own or represent CryptoIRA?
If you are a representative, or associate of BlockMint and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.
Final words and verdict:
Overall rating: (4.5 / 5)
Ok, I think that sums up the overall view of this company pretty good. It is a legit one for sure, however, if it is your best alternative out there is another story.
Always review and compare different alternatives against each other before you make any investment decisions.
You made a wise decision to read this review and you are a smart person, so I am absolutely sure that you will find the right company that suits your particular need the best and that you feel comfortable doing business with.
There are many similar services out there, I have listed many of them on this website, however, the absolute best one I can recommend is Regal Wallet, it is the worlds safest way to invest in Bitcoin and other cryptocurrencies and it has a flawless track record and are superior in the form of reviews and ratings from its clients.
I hope you found this short review of BlockMint to be helpful and you now have a better understanding of what it is and if it is for you. Please, if you have used their service then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com