How much do you know about CryptoIRA? What is Cryptoira.com? Would you recommend it to someone who considering doing business with it? Let´s have a look and a better understanding!
Name of the Company: CryptoIRA
Official Website URL: https://www.cryptoira.com/
Owner: CryptoIRA LLC
Overall rating: (4 / 5)
Recommended? : Yes
This article seeks to help you understand what CryptoIRA is doing in the market and whether they are reliable. This is achieved by providing answers to the following questions:
- What is CryptoIRA?
- How does it work?
- What are the products and services that CryptoIRA is out to provide in the market?
- Is it a genuine company?
- Can one take up income-generating or investment opportunities with this company?
- What are the pros and cons that clients working with CryptoIRA face?
- Are there better alternatives out there?
The answers provided to these questions will give you a general idea of what you can expect if you decide to establish a business relationship with CryptoIRA.
What is CryptoIRA?
CryptoIRA hit the runway in 2017 as a cryptocurrency IRA Investment Company. The company’s objective was to help its clients to invest in various cryptocurrencies, including the famous Bitcoin, through creating an IRA or a 401(k) account. This company’s reasoning was that since the cryptocurrency industry had managed to gain global attention, it was necessary to establish a legit organization that would help potential customers to invest in the cryptocurrencies without qualms of conscience that their investment would disappear to the thin air. That is exactly what CryptoIRA did. A team comprising of managers and several employees was put up, and it immediately sprang into action.
CryptoIRA has since then taken it upon itself to see to it that all its clients get a hassle-free experience with cryptocurrency investments. CryptoIRA partners with a number of firms to offer its clients end-to-end solutions for investing in cryptocurrencies through their IRA or 401(k) accounts.
How does it work?
As discussed above, CryptoIRA exists for the sole purpose of making the process of investing in Cryptocurrencies hassle-free. It, therefore, has a 4-step process that is followed by new clients as they seek to establish business ties with CryptoIRA. The 4-step process is overseen by CryptoIRA, and supported by other firms such as:
- Kingdom Trust –this company acts as a custodian. It oversees over $12 billion worth of assets belonging to its clients.
- Genesis –this company is CryptoIRA’s trusted cryptocurrency exchange partner. It has been in business since 2013 and it offers same-day trade settlements for its clients.
- BitGo-this is CryptoIRA’s trusted cryptocurrency wallet. Its wallet features superior multi-signature technology, anti-phishing protection, and two-factor authentication for security purposes.
The process followed by new clients is as follows:
- Completion of IRA application
As a new client, you must complete your application for a Crypto IRA account. The application process can be completed in as little as 10 minutes.
- The rolling over of your 401(k) or IRA funds
Upon the approval of your account, you are usually requested by CryptoIRA to roll over your retirement funds to your account.
- Purchasing your Crypto
Once you have rolled over your retirement funds to a CryptoIRA account, CryptoIRA follows up with a call and helps you perform a live trade in which you get to purchase your cryptocurrency.
- Accessing the BitGo “Cold Storage’ wallet
The cryptocurrency you purchase is usually stored in a BitGo wallet which is very secure.
Products and services offered?
CryptoIRA makes it easy for you to access the necessary players in the world of cryptocurrencies, and that happens to be the main service that it is offering. Its approach is quite unique and not many companies have adopted this kind of business model. The company does not have any specific package or plan, and it only focuses on helping its clients have a seamless experience with crypto IRA investments.
This company also offers a definitive guide to investing in cryptocurrencies, which is a free guide that is designed to help you understand the cryptocurrency investments terrain. Since the company deals with bitcoin, Ethereum, Ripple, Litecoin, and Ether Classic as the main cryptos, the free guide you get will help you understand these cryptocurrencies well enough to decide the ones you want to include in your CryptoIRA account.
Is Cryptoira.com a Scam or is it Legit?
CryptoIRA is a genuine company that is incorporated under the State of Delaware laws. This company is authorized under these laws to operate as an online platform that helps people to invest the funds they have in their IRA or 401(k) accounts in CryptoIRA accounts. This company has its headquarters at 6101 Centinela Avenue #354, Culver City, CA 90230. If you want to raise any issues or question the support team at CryptoIRA, you can reach out to them on a toll-free line on 888-991-1049, or you can write to them at firstname.lastname@example.org.
This company does not have any reviews provided on online review sites, but this could be directly attributed to the fact that it has been in business for a short period of time. The fact that it has also not also been flagged for the provision of poor services is a good thing in itself.
CryptoIRA’s core business is to help you with investing your IRA or 401(k) funds in a CryptoIRA account. This means that there are investment opportunities for you to take up with this company. If you want to invest in cryptocurrencies, CryptoIRA will help you access every single player you need to make this process easy for you. CryptoIRA is dedicated to not only helping you invest in cryptos but in also ensuring that your investment is safely handled by the right firms.
Pros and Cons
It is always wise (and recommended) to look at the positive sides but also on the negative ones and compare them to get a better overall view. As always in our reviews we provide you with some obvious points on both sides of the spectrum:
-It has a verifiable physical address.
-emphasizes on the safety of your cryptocurrencies.
-CryptoIRA works with trustworthy partners.
-Has a hassle-free process.
-Does not have online reviews.
Do You Own or represent CryptoIRA?
If you are a representative, or associate of CryptoIRA 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)
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 Cryptoira.com 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