Company attributes
BitcoinIRA is a Las Vegas-based company associated with a platform designed for retirement savings with cryptocurrency via self-directed individual retirement accounts (IRAs). The company is a separate entity from the platform of the same name and states that it is not a custodian, a digital wallet, or an exchange. The self-directed custodian of the BitcoinIRA platform is called Digital Trust, LLC, which is licensed by the State of Nevada Financial Institutions Division.
The platform is for financial services and is accessible through a web browser or by downloading the app from the Apple Store or Google Play. It is managed by Alternative IRA Services (AIS).
According to the platform's website, it is not a financial adviser, cryptocurrency, exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter.
BitcoinIRA Promotion
The platform can be used to buy and sell cryptocurrencies so they can be invested in retirement accounts, such as IRA Rollovers, Roth, simplified employee pensions (SEPs), employer plan 401(k)s, and new (or existing) traditional IRAs. More than sixty cryptocurrencies can be bought and sold on the platform, including Bitcoin, Ethereum, Litecoin, and Solana.
After creating an account and transferring funds, users will have access to their BitcoinIRA dashboard, where they can access various financial insights and services, such as
- live price tracking,
- portfolio performance, and
- a customized watchlist of specific cryptocurrencies and their performance.
BitcoinIRA partnered with BitGo to process Bitcoin transactions and store its users' digital assets. BitGo's insurance provider is Lloyd's of London and insures assets up to $700 million.
