Bitcoin IRAs (Individual Retirement Accounts) has been growing increasingly popular in recent years, due to the fact that they allow investors to add cryptocurrencies to their retirement portfolios. The process has been very user-friendly, and it also comes with certain tax benefits, which has inspired many to turn to this option.
However, as it is always the case, users are interested in getting the best service, which is why we have created a list of the best Bitcoin IRAs to use in 2019.
1) Broad Financial
The first IRA that we will talk about is Broad Financial. This is a financial service firm headquartered in New York, and its specialty is self-directed IRAs, as well as solo 401(k)s. The company, which was already well-established at this point, decided to include cryptocurrencies in 2017. It works with five digital assets, including Bitcoin, and investors can choose any one of them to put in their retirement fund.
Next, we have BlockMint, which was originally launched back in 1997. Its parent company is a known precious metals firm, Lear Capital. The company also decided to go crypto, and it now allows US-based investors to use cryptocurrencies to grow their IRAs and 401(k)s. So far, it has been working with six different cryptocurrencies, the largest one being, of course, Bitcoin itself.
3) Regal Assets Bitcoin IRA
This is a company headquartered in California, and for most of its existence, it provided its customers with the ability to invest in precious metals. Recently, the firm decided to include cryptocurrencies as well, which now coexist with precious metals. What makes this company stand out is the fact that there are no specific cryptocurrencies that they are willing to work with. In other words, investors can place just about any coin they want into their retirement portfolios.
Just as the name suggests, BitcoinIRA is the company that was launched specifically in order to provide cryptocurrency IRAs to US-based investors. It is currently the leader in crypto IRA market, and it has been dominant ever since 2016 when the firm was originally launched. It is also headquartered in California, and it works with eight digital currencies, Bitcoin included.
BitIRA is yet another California-based company, as well as one of the youngest ones on this list. It was only launched in 2017, but since then, it became quite popular. It currently works with eight cryptocurrencies, and it provides a variety of options, including regular IRAs, SEP, Roth IRAs, and SIMPLE accounts.
6) First Digital IRA
First Digital IRA is another 2017 firm, and this one is also from California. The company came to be as a quick and easy way for US investors to add cryptocurrencies to their retirement portfolios. However, just like Regal Assets Bitcoin IRA, this firm is also willing to work with any cryptocurrency that their investors may choose.
7) Noble Bitcoin
Another company that has decided to go straight after crypto IRAs is Noble Bitcoin, which was launched in 2016. It originally focused on Bitcoin, but it later decided to add three additional altcoins post-launch, bringing the total number of coins that can be added to retirement portfolios to 4.
8) Coin IRA
Finally, the last recommended company is Coin IRA. Despite the fact that it is the newest crypto IRA that has entered the market, it has become popular with Bitcoin users. BTC is the only currency that this firm is currently working with, which may not appeal to crypto enthusiasts who have an interest in other coins. However, when it comes to Bitcoin, it provides the same services as other firms.