iTrustCapital is a renowned virtual currency retirement account platform with excellent customer service and low costs. For those hunting to invest in crypto assets for retirement, this platform has Crypto IRA accounts, widely known as BTC IRAs. While the company’s marketing strategy focuses on virtual currencies, iTrustCapital also provides expensive metals (like gold and silver) as alternatives for investment opportunities. While the chief selling point of the platform is the long-term investment solution, iTrustCapital gears other trading styles like swing and day trading. Also, via the dashboard, users can access and trade their cryptocurrency investments almost immediately, 24/7.
iTrustCapital login offers the best cold storage for its user’s crypto IRAs backed by Fireblocks and Coinbase Custody. These high-quality institutional storage providers ensure that users’ digital currencies are inaccessible to hackers and kept safely.
- iTrustCapital assists users in creating a SIDRA (self-directed IRA), a single option to put digital currency into an IRA account. Users can purchase crypto assets, silver, and gold via iTrustCapital. You should select whether your SIDRA must be a traditional or Roth traditional.
- Traditional and SEP IRA: These are the tax-deferred account types. Users fund these accounts with pre-tax USD and pay tax on their withdrawal money.
- Roth IRA: Users fund their Roth IRA with post-tax dollars, and their withdrawals are tax-free.
- With an IRA, some restrictions exist on the amount users can invest annually, and they will pay the penalty if they withdraw assets early. It is also essential for users to remember that one can own more than one IRA.
- Digital currencies are volatile investment mediums, so users can put all the assets they may require in retirement into cryptocurrency. Although, if they need to diversify some of their investments into crypto, iTrustCapital login is a better option.
- It is pretty simple to create an iTrustCapital account. Users can send funds through an IRA, contribute new funds, and roll over an employer plan ( like the 401k).