Your retirement savings are critical to your future, and we take that seriously. That’s why we’ve created a service that brings together decades of experience and first-in-class expertise in placing alternative assets within IRAs.
We believe that the services we can provide to you are second to none.
See below for some of the core benefits that we provide our customers, and click on each section to learn more:
End-to-End Insurance
Highly Secure Storage
Multi-Party Computation
Registered with U.S. Government
Security is top of mind for anyone with retirement savings, and especially so for the new world of digital currency. Therefore, when we set up our service, it was our top priority to ensure the security of your nest egg. We believe we offer "The World's Most Secure Digital Currency IRA".
Insurance that guarantees your peace-of-mind.
At its core, our solution protects your assets with end-to-end insurance. "End-to-end" means that, whether your digital currency is in transit or in storage, it's insured against hacking, embezzlement, theft, physical loss, damage or and destruction.
End-to-end insurance policies with millions in coverage are in place. Our primary insurance partner is regulated by the Financial Conduct Authority and the Prudential Regulation Authority and carries an A+ rating from Standard & Poor’s. They bring the knowledge and experience of underwriting digital asset insurance products needed to give you true peace of mind. It’s the best insurance we could find, at any price.
The short version: end-to-end insurance. See a more detailed discussion of BitIRA’s insurance policies.
Highly Secure Storage.
BitIRA has brought in Fireblocks, the leading expert in digital asset protection, to store customers’ assets. Fireblocks uses multi-party computation (MPC) to eliminate having a single point of compromise. With MPC, private keys for digital assets are decentralized across multiple security partners. This keeps your crypto wallets highly secure and safe from hackers.
Multi-Party Computation.
Encryption makes transactions more secure - but encryption can be broken. That’s why we use multi-party computation for your transactions. Each additional layer of encryption makes the underlying information an order of magnitude more difficult for an adversary to overcome, and make your savings even more secure. Learn more about encryption and authentication here.
That's why we were the first Digital IRA provider registered as an MSB (money services business) with the Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Department of Treasury. As one of the few Digital Currency IRA companies that took this step, BitIRA submitted itself to the stringent guidelines that FinCEN set for institutions that deal with the transmission of money. Click here to compare us to the competition.
Qualified Asset for IRAs
First-Class Custodian
FDIC Insurance on Cash Deposits
It isn't very common knowledge that you can put a variety of alternative assets in your retirement, such as real estate, precious metals, private placements and more. This is allowed under the rules of self-directed IRAs, which only exclude certain types of investments. When the IRS designated digital currencies as personal property in 2014, Bitcoin and other digital currencies immediately became eligible for placement within a self-directed IRA.
BitIRA works with Equity Trust Company (ETC), a licensed trust custodians that specialize specifically in self-directed IRAs. As your custodians, ETC knows precisely how to manage the administration duties of your retirement account in order to ensure that your IRA remains IRS-compliant. Additionally, all cash deposits with ETC are insured up to $4 million.
Knowledgeable Digital Currency Specialists
Dedicated IRA Specialists
Transparent Invoicing
Ongoing Assistance on Future Transations
The team at BitIRA has years of experience helping Americans purchase alternative assets for an IRA, so we can help you every step of the way. Our Digital Currency Specialists have the knowledge and know-how to get you started, and will be there to execute any buys, trades or liquidations on your behalf. Additionally, our team of dedicated IRA Specialists will provide full-service assistance in filling out paperwork for your new custodian, plus work with your old custodian to roll over your IRA, 401(k) or other eligible retirement account.
After the first transaction, our work is not done. We are always here to answer your question on digital currencies, help you understand the details of your IRA account and assist with any additional transactions.
Your retirement savings are critical to your future, and we take that seriously. That’s why we’ve created a service that brings together decades of experience and first-in-class expertise in placing alternative assets within IRAs.
We believe that the services we can provide to you are second to none.
See below for some of the core benefits that we provide our customers, and click on each section to learn more:
End-to-End, Dollar-for-Dollar Insurance
Cold Storage Wallet
Multi-Encryption, Multi-Factor Authentication
Registered with U.S. Government
Security is top of mind for anyone with retirement savings, and especially so for the new world of digital currency. Therefore, when we set up our service, it was our top priority to ensure the security of your nest egg. We believe we offer "The World's Most Secure Digital Currency IRA".
Insurance that guarantees your peace-of-mind.
At its core, our solution protects your assets with end-to-end insurance while in storage. Furthermore, your funds are insured dollar-for-dollar. Some digital IRA companies offer, for example, a “$100 million insurance policy” - which seems like plenty, until you realize their one policy covers all of their customers’ savings. We find that misleading - what if your bank told you they were FDIC insured for $250,000? Not your account, mind you, but the bank as a whole. What seems like ample coverage at first glance may suddenly seem inadequate when you understand the bigger picture.
The short version: end-to-end insurance. See a more detailed discussion of BitIRA’s insurance policies.
Cold storage wallet.
The easiest way to protect digital assets from hackers? Make them invisible. By storing your cryptocurrencies in a secure device completely disconnected from the Internet, they simply vanish from cyberspace - until you need them. While offline, your funds are locked down in grade-5 nuclear bunkers, monitored and guarded 24/7 by specialist staff.
Multi-Encryption & multi-factor authentication.
Encryption makes transactions more secure - but encryption can be broken. That’s why we use multi-encryption encoding for your transactions. Each additional layer of encryption makes the underlying information an order of magnitude more difficult for an adversary to overcome, and make your savings even more secure. Learn more about encryption and authentication here.
Finally, we don't just hold our storage solution to the highest of standards; it applies to ourselves as well. That's why we voluntarily registered as an MSB (money services business) with the Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Department of Treasury. As one of the few Digital Currency IRA companies to take this step, BitIRA submits itself to the stringent guidelines that FinCEN sets for institutions that deal with the transmission of money. Click here to compare us to the competition.
It isn't very common knowledge that you can put a variety of alternative assets in your retirement, such as real estate, precious metals, private placements and more. This is allowed under the rules of self-directed IRAs, which only exclude certain types of investments. When the IRS designated digital currencies as personal property in 2014, Bitcoin and other digital currencies immediately became eligible for placement within a self-directed IRA.
BitIRA works with Preferred Trust Company (PTC), a licensed trust custodian that specializes specifically in self-directed IRAs. As your custodian, PTC knows precisely how to manage the administration duties of your retirement account in order to ensure that your IRA remains IRS-compliant. Additionally, all cash deposits with ETC are insured up to $3.75 million and all cash deposits with PTC are insured up to $250,000 per account.
Qualified Asset for IRAs
First-Class Custodian
FDIC Insurance on Cash Deposits
After the first transaction, our work is not done. We are always here to answer your question on digital currencies, help you understand the details of your IRA account and assist with any additional transactions.
Knowledgeable Digital Currency Specialists
Dedicated IRA Specialists
Transparent Invoicing
Ongoing Assistance for Future Transactions
