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Here are the best Bitcoin IRA companies for 2023.
My reviews below tell you everything you need to know.
Table of Contents
4 Best Bitcoin IRA Companies for 2023
These are the 4 best Bitcoin IRA Companies in 2023.
- BitcoinIRA
- BitIRA;
- iTrustCapital;
- Broad Financial;
#1- Bitcoin IRA
- Name of the company-Bitcoin IRA;
- Date founded- 2016;
- Headquarters- Los Angeles, 15303 Ventura Blvd #1060, Sherman Oaks, United States;
- CEO- Camilo Concha;
- BBB score– A+
- Types of cryptocurrency you can buy- Over 60+ Cryptocurrencies.
- Account minimum– $3000.
Pros
- U.S. regulated;
- Easy account setup;
- Trade with 60+ different cryptocurrencies;
- High tech secure offline digital asset storage;
- Digital assets insured up to $700 million.
- Helpful and professional customer support.
- Lots of educational content hosted on the website.
Cons
- Pricing is not listed on the website. You have to contact customer support to inquire (or click here as I did the job for you JUMP LINK.
- High account setup and maintenance fees;
- lack of fee transparency. You have to contact Bitcoin IRA to learn of their fee structure.
/wps_lists]
My honest recommendation: Bitcoin IRA is number #1 on this list of best cryptocurrency IRA companies for a reason. Several reasons in fact. They offer extreme security, high insurance limits and 60+ different types of cryptocurrency for you to trade with.
Their platform is also very easy to use, and if you open a Saver IRA (you only need an initial deposit of $100 to get started) you can begin with very little money. It’s that easy.
Bitcoin IRA is the first (established in 2016) and largest cryptocurrency IRA company that allows individuals to invest in cryptocurrency with their retirement accounts.
The company’s standout features are its easy signup process, excellent customer support,t 24/7 real time trading, 60+ cryptocurrencies to play with and military-grade security features designed to keep your retirement savings safe (and insured) at all times.
The website itself is also extremely well put together and works perfectly on any device you use to access it (desktop, tablet, mobile).
Bitcoin IRA, while primarily focused on enabling individuals to invest in cryptocurrency with their retirement accounts, also provides a wealth of information and resources for those interested in the broader crypto market. For example, their website offers updated insights into the Bitcoin price today, helping investors make informed decisions about their retirement funds in real-time.
Note: Bitcoin IRA offers 256-bit encrypted SSL trading, stores. They store digital assets offline in separate cold storage accounts (they work with BitGo Trust, which is a U.S.-based qualified custodian), and they insure digital assets up to $700 million.
Your money will be safe with them.
Bitcoin IRA Fees and Pricing- What Does it Cost?
Bitcoin IRA fees are:
- Custodial, Management, and Account Fees- 1% of the customer’s portfolio per year;
- Setup Onboarding Fee- between 0.99% and 4.99% of when converting an existing IRA into a cryptocurrency IRA;
- Transaction Fee- 2%;
- Security Fee- 0.8%.
Try Bitcoin IRA today!
#2- BitIRA
- Name of the company- BitIRA;
- Date founded- 2017;
- Headquarters- Burbank, California;
- CEO- /
- BBB score– A+
- Types of cryptocurrency you can buy- 30+ Cryptocurrencies.
- Account minimum– $5000.
Pros
- Best security and protection. Digital assets are kept in guarded offline storage and multi-encryption encoding is used for all transactions;
- End-to-end insurance coverage for digital assets;
- Helpful customer support;
- Multiple cryptocurrencies available including Bitcoin, Ethereum, Ripple, and Litecoin.
Cons
- Pricing not listed on their website;
- $5000 minimum investment (a bit steeper than $3000 from BitCoin IRA above)
- You must hire a digital currency specialist to open an account for you. That’s an additional expense not required with other Bitcoin IRA companies on this list.
My honest recommendation:
If you’re worried about the safety of your investment, then BitIRA is the company for you. The way their security works and the layer of security done to protect your assets rivals the security of the White House and Pentagon.
BitIRA requires a minimum investment amount of $5,000 to open an IRA with them and requires of their customers to work with a digital currency specialist to open a said account.
Try BitIRA today!
BitIRA is the company you need if you’re worried about the safety of your Bitcoin investment.
BitIIRA uses multi-encryption encoding for transactions to keep them secure while they’re most vulnerable online. When completed, transactions are moved to physical keys kept offline inside grade-5 nuclear bunkers (called offline cold storage) protected by armed guards and computer security specialists 24/7.
Because of their utmost dedication to keeping your coins safe and because of the raving independent BBB reviews, I officially recommend BitIRA as one of the best Bitcoin IRA companies on th market.
Try BitIRA today!
#3- iTrustCapital
- Name- iTrustCapital;
- Date founded- 2018;
- Headquarters- 18300 Von Karman Ave, Irvine, CA 92612;
- CEO- Todd Southwick;
- BBB score– F;
- Types of cryptocurrency you can buy- 34 Cryptocurrencies.
- Account minimum– $1000.
Pros
- Minimum account requirement of just $1000. This is far lower than $5000 of Bitcoin IRA.
- No monthly, initial purchase or scaling fees.
- 24/7 trading
- Trade in 34 different cryptocurrencies, including Bitcoin, Bitcoin Cash Ethereum, Ripple, EOS and Litecoin.
Cons
- No financial advisors on staff so you’ll have to hire out of your own pocket.
- 34 different cryptocurrencies is a lot, but fewer than 60 are offered by BitCoin IRA.
- Unnecessary offers of gold and silver as people who want to invest in Bitcoin IRA are exactly there because they don’t want to open a gold IRA.
My honest recommendation: I recommend iTrustCapital to savers who want to do business with a trusted and legitimate company that won’t nickel and dime them for everything. iTrustCapital has the lowest fees and rates among all the companies I listed in my guide to the best Bitcoin IRA.
I don’t recommend you buy gold and silver with iTrustCapital because it’s better to use a pure precious metals IRa company for that (Augusta Precious Metals is my pick) but for opening a Bitcoin IRA, iTrustCapital is an excellent choice.
Founded in 2018, iTrustCapital is a relatively young Bitcoin IRA company. Founded only in 2018, they’ve already built a brand and name for themselves with a wide variety of cryptocurrencies they offer, very low account maintenance fees and their absolute focus on digital security.
iTrustCapital also doesn’t skin the investor who uses their platform. Instead of charging up to 16% per transaction as some other companies do, iTrustCapital has a 1% transaction fee, regardless of the amount traded.
There’s also no monthly fee, and clients are charged no initial purchase fees, broker fees, or scaling based on the size of their assets.
Try iTrust Capital today!
Note: iTrustCapital also offer gold and silver if you’re interested in opening a gold IRA. Gold IRAs are a great idea but I don’t recommend iTrusCapital as your chosen gold IRA company. Instead, take a look at my guide to the best gold and silver IRA companies and pick one precious metals dealer to rule them all.
#4- Broad Financial
- Name- Broad Financial;
- Date founded- October 2004;
- Headquarters- One Paragon Drive Suite 270 Montvale, NJ 07645
- CEO- Daniel Gleich;
- BBB score– A+
- Types of cryptocurrency you can buy- 40+ Cryptocurrencies.
Pros
- No minimum to get started
- No flat-rate fees
- Self-trade options
- Traditional or Roth IRA format
- Checkbook IRA available;
- Team of experts available;
Cons
- A hefty $1,295 account setup fee.
- No access to in-house financial advisor which means you’ll have to hire out of your own pocket for professional financial advice.
My honest recommendation: Btoad Financial is another high quality Bitcoin IRa company on this list. They’re placed at number #5 because, in my opinion, their account setup and management fees are too high. For example a iTrustCapital has no monthly account maintenance fees and you get everything as you would with Broad Financials.
Broad Financial was founded in 2004 as a private real estate investment company. They’ve since expanded their specializations to include ROTH, real estate, self-directed and Bitcoin IRAS.
Their main partner is Madison Trust Company, who works as a custodian for all of their clients.
One thing that sets Broad Financial apart from the other IRA providers is that their Bitcoin IRA is a Checkbook IRA LLC.
Checkbook IRA LLCs give you complete control over your crypto. You can pick and trade any cryptocurrency or wallet you want and you don’t need a custodian to help you manage your account. This is especially important if you decide to open a gold or silver IRA account with Broad Financial as not having a custodian is high on the wishlist of many investors, yet strictly forbidden by the IRS.
The Bitcoin IRA you open with Broad Financials has no account minimums, and it’s available as both a traditional IRA or Roth IRA (meaning you’re allowed to contribute with pre-tax or post-tax dollars). The only two fees to keep in mind are Broad Financial’s $1,295 account setup fee and $95 quarterly custodial fee.
Try Broad Financials today!
Which Bitcoin IRA Company Helps With 401 Rollovers?
All of the Bitcoin IRA companies on my list here will help you with 401 rollovers if you decide to open a cryptocurrency IRA account with them.
That said, Bitcoin IRA is the only company that has in-house financial advisors there to help you open your crypto IRA with them.
BitIRA, iTrustCapital and Broad Financial require you to hire ousude help out of your pocket and this significantly increases the cost for you.
How Do I Buy Bitcoin IRA?
The best and easiest way to buy a Bitcoin IRA is to go through the process with the help of one of the crypto IRA companies from my list in this article.
These companies are the cream of the crop when it comes to Bitcoin IRA and going with any of them will mean a smooth account opening process and zero unnecessary hassle.
Can I Buy Ethereum as Part of My Bitcoin IRA?
You can buy Ethereum as part of your Bitcoin IRA. Ethereum is one of the most popular types of cryptocurrency and all Bitcoin IRA companies on my list allow you to buy it and trade eth to usd.
What Other Cryptocurrency Can I Buy as Part of My Bitcoin IRA?
Out of all the Bitcoin IRA companies I listed in my guide only Bitcoin IRA offers pretty much all types of cryptocurrency, many of which you’ve never heard of.
Bitcoin IRA offers:
- Bitcoin;
- Ethereum;
- Maker;
- Binance Coin;
- Bitcoin Cash;
- Aave;
- Litecoin;
- Bitcoin SV;
- Solana;
- Ethereum Classic;
- Avalanche;
- Chainlink;
- Cosmos;
- Axie Infinity Shards;
- Polkadot;
- Uniswap Protocol Token;
- FileCoin;
- Internet Computer;
- Synthetix;
- Tezos;
- Polygon;
- EOS;
- XRP;
- Curve DAO Token;
- Decentraland;
- The Sandbox;
- Cardano;
- Klaytn;
- Stellar;
- The Graph;
- Algorand;
- Dogecoin;
- Cronos;
- Flare;
- Shiba Inu.
BitIRA offers Bitcoin, Bitcoin Cash, Chainlink, Ethereum, Ethereum Classic, Litecoin, Zcash, Stellar Lumens, Aave, The Graph, Basic Attention Token, Livepeer, Uniswap, Compound, DAI, Maker, yearn.finance.
iTrustCapital offers Bitcoin, Ethereum, XRP, Solana, Cardano, Dogecoin, Chainlink, Polygon, Polkadot, Litecoin, Shiba Inu, Bitcoin Cash, Avalanche, Stellar, Cosmos, Uniswap, Hedera, Aaye, Maker, Quant, The Graph, Axie Infinity, Sandbox, Tezos, EOS, Chiliz, Flow, Gala, Curve DAO, Compound, Basic Attention, Enjin, Sushi, yearn.finance.
Broad Financial offers all types of cryptocurrencies you can include in your Bitcoin IRA.
Which of These Bitcoin IRA Companies Have the Lowest Minimum Investment Threshold?
The Bitcoin IRA company with the lowest minimum investment threshold is Broad Financial. They allow you to invest as much or as little as you want when first opening your Bitcoin IRA with them.
Other cryptocurrency IRA companies on this list also have affordable minimum investment thresholds:
- iTrustCapital- $1000;
- Bitcoin IRA- $3000;
- BitIRA- $5000.
Do These Bitcoin and Cryptocurrency IRA Companies Have a Fixed Fee Structure or Do They Charge a Certain Percentage For Every Transaction?
Most of the Bitcoin IRA companies on this listboth have a fixed fee structure and charge a certain percentage for every transaction.
Here’s a tabular breakdown:
| Bitcoin IRA Company | Account Setup Fee | Transaction Fee |
|---|---|---|
| Bitcoin IRA | 0.99% to 4.99% | 2% |
| BitIRA | Varies from account to account | Varies from account to account |
| iTrustCapital | $0 | 1% |
| Broad Financial | $1,195 | No transaction fees |
How Important is Asset Insurance When Opening a Bitcoin IRA?
Asset insurance is crucial when opening a Bitcoin IRA. You don’t want to invest your hard earned money into Bitcoin with a company and then have that retirement asset stolen by an unscrupulous hacker.
All the cryptocurrency IRA firms I listed in my guide are uber-focused on bot asset security and insuring your money in case the worst happens.
Here are the insurance companies they work with:
- Bitcoin IRA- BitGo;
- BitIRA- several insurance companies, all regulated by the Financial Conduct Authority and the Prudential Regulation Authority and carries an A+ rating from Standard & Poor’s.
- iTrustCapital- Coinbase;
- Broad Financial- unknown.
Are Older Bitcoin IRA Companies Better?
Older Bitcoin IRA companies are not necessarily better. There are newcomers to the industry that absolutely smash it out of the ball park with their superior service.
That said, older companies have been around for longer and given that they survived (and thrived) they must be good. It’s common sense.
Conclusion
Which Bitcoin IRA company will you pick?
LMK in the comment section below.
Nikola Roza
Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.