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. "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 $100 million coverage are in place with a reputable panel of London insurance companies with S&P ratings of A or better, with knowledge and experience of underwriting digital asset insurance products. It’s the best insurance we could find, at any price. (And in case you were wondering, any cash that happens to be in your account with Equity Trust Company is FDIC insured up to $3.75 million.)
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.
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.