“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” “Bitcoin is a technological tour de force.”
Bill Gates Co-founder of Microsoft, investor and philanthropist
Quick-Start Guide to Cryptocurrency IRAs
Getting started with your Cryptocurrency IRA can be a daunting process, especially if this is the first time you are investing in digital assets such as Bitcoin. While it may seem difficult at first, the process is actually painless.
Bitcoin Retirement Solutions’ professionals are on hand to give you a hassle-free investment experience by taking care of the whole process from beginning to end. One question we hear frequently is:
“I already have a retirement investment account – will this affect my eligibility?”
No, not at all!
You have two options: The first is to keep your current funds inside your Digital IRA by using an account rollover without penalty or distribution. The second is to retain your current retirement account and open a separate Digital IRA.
Whichever option you choose, our IRA professionals are on hand to make the process as smooth as possible with expert guidance and support. We will assist you with the paperwork and rollovers – and will also explain your options to you, so you understand what is happening at any given stage.
The Bitcoin Retirement Solutions team can also assist with security, contributions, distributions, and other ongoing support when required.
Creating Your Digital IRA
Digital IRAs are self-directed retirement accounts, which mean that you are in control of the investments within the IRA. With that said, you are required by law to have a qualified custodian handle your Digital IRA’s administration.
Bitcoin Retirement Solutions is partnered with , enabling us to manage your account and its vital documentation with ease. All you are required to do is provide us with the necessary documents, your approval, and your signature – our team takes care of the administrative paperwork and processes. This pain-free process typically lasts no more than a few weeks before your account is ready.
Organizing Funding and Asset Rollovers
When your Digital IRA is set up, your assigned specialist will work alongside our IRA department, your custodian, and the Preferred Trust Company to organize the funding and receive rollovers. This step ensures that the process is a smooth one and ensures that you avoid hidden costs and surprise penalties.
Connecting Your Account, Wallet, and Trading
All cryptocurrencies in your Digital IRA are traded through our partner exchanges and stored in your own wallet. To purchase digital assets, your wallet and our partner exchange must be connected to your account.
Bitcoin Retirement Solutions will set up your multi-signature wallet for maximum security, and then connect to our partner exchanges, highly-liquid exchanges which have handled over $1 billion in cryptocurrency trading since first opening their doors in 2015.
Start Making Trades
Once your account is fully set up, you are free to start investing in cryptocurrencies to use in your IRA. Our 24/7 service allows you to see your holdings at any time, and our consultants are on hand to assist in executing your orders should you require it.
If you would like to find out more about a Digital IRA with Bitcoin Retirement Solutions, please call 800-214-2277 to speak to our consultants. Find out how we can help you to take advantage of cryptocurrency to boost your savings today.