You can now use My BitIRA to make a cash contribution so you can easily add more cryptocurrency investments into your retirement plan! Here’s what that process will look like.
Step 1: Deposit your funds
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- Login to your My BitIRA account
- Go to the Trading tab
- Select Deposit from dropdown menu
- Select Annual IRA contribution
- Complete your deposit slip. This step is crucial to ensure your money is properly deposited. You can access Equity Trust’s deposit slip here.
- Send a digital copy of your completed deposit slip to help@trustetc.com
- Send your funds
- Wait for your funds to be deposited by Equity.
How long does it take for my funds to arrive?
When your funds are deposited, you’ll see a Cash balance in the My BitIRA Portfolio overview.
Your payment method determines the availability of your funds.
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- Bank wire or certified check: 1 business day
- ACH or personal check: 7 business days
How can I check my deposit status?
If you want to check on the status of your finds after submitting your deposit, you can do so by reaching out to Equity Trust. Their specialists will be able to track your deposit and keep you updated on its status. You can contact a client specialist using the following options:
Phone: 877-693-8208
Fax: 440-366-3751
Website: www.trustetc.com
Email: help@trustetc.com
Step 2: Purchase your cryptocurrencies
- Login to your My BitIRA account
- Go to the Trading tab
- Select Buy
- Choose the cryptocurrency you wish to purchase
- Order type: select “Cash” to place your order by dollar amount; or select “Quantity” to order by number of coins
- Next
- You’ll see a confirmation screen; confirm your choices and click Submit
You can also watch this video for a tutorial on how to place a buy order on the My BitIRA platform:
We hope this helps you understand how you can make a cash contribution using your My BitIRA platform so you can place an order.