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BitIRA lawsuit and complaints.
Has this Bitcoin IRA company ever been sued? And is BitIRA a scam or legit?
Learn about it right below;
And use these jump links to get there faster.
Table of Contents
BitIRA Lawsuits
BitIRA was not involved in any lawsuits at the time I did my research for this article (I also keep my article regularly updated). They haven’t sued anyone and they’ve never been sued.
I found no evidence of a lawsuit or trial when I researched on Google and Bing (queries “BitIRA lawsuit”, “BitIRA lawsuits”) and popular lawsuit curation sites (Law.com, Casetext.com, Justia.com…).
Take a look below:
BitIRA has never been sued, and they’ve also never taken to court another party or entity. However, BitIRA is a young company. They’ve only been in business since 2017 and they just haven’t had the time to accumulate lawsuits against them. Once the lawsuits against them happen, I’ll make sure to update my guide accordingly.
Plus they’re an excellent and reputable Bitcoin investment company that does good service to their customers.
Most customers are very happy with the level of service they received, as you’ll see right below.
Is BitIRA Legit? Are They a Scam? Why Aren’t There More Lawsuits Against This Bitcoin Investment Company?
BitIRA is not a scam Bitcoin IRA company. They’re legitimate and ever since 2017 they’ve helped thousands of people invest in Bitcoin and cryptocurrencies.
There aren’t more lawsuits against this company because they do good service to people wishing to expand their portfolios with alternative investments.
BitIRA Complaints and Negative Reviews- Is BitIRA Legit or a Scam?
I checked the popular consumer watchdog websites looking to find negative reviews and complaints about BitIRA, and I found none of those.
Not because BitIRA is a perfect company. But because their profiles on these sites are completely underdeveloped. For example, they don’t have a single negative review or complaint on BBB, and it’s a similar situation with other consumer watchdog sites.
So I turned to Reddit to try and find the complaining BitIRA customers. But even there the only complaint I could find was not being transparent with their fees and not listing them on the website.
Basically, at the moment of writing this guide, there are zero complaints and negative reviews about BitIRA.
But they’re guaranteed to get some in the future, and I’ll update my guide accordingly.
BitIRA Review (Summary)
- Name- BitIRA
- Date founded- 2017.
- Headquarters- Burbank, California, United States
- BBB score- A+.
- Types of crypto- Bitcoin+ 30+ types of crypto.
BitIRA Pros
- Simple fee structure.
- Excellent customer support.
- Plenty of storage options.
- Pristine online customer reviews.
- No lawsuits filed against BitIRA
- Low number of complaints on major consumer watchdog websites.
- Strong focus on customer education.
- Lifetime account support.
BitIRA Cons
- No refunds.
- Very young Bitcoin IRA company.
- 30+ other types of crypto lacking.
BitIRA is a company that allows people to invest in cryptocurrencies like Bitcoin and Ethereum through tax-advantaged retirement accounts like IRAs.
With BitIRA you can hold crypto investments in IRAs, 401ks, and other retirement accounts to get tax benefits. Normally crypto investments would be subject to capital gains taxes, but Crypto IRA’s are tax-exempt.
BitIRA offers different account types including Traditional IRAs, Roth IRAs, SEP IRAs, and Solo 401ks. This allows both pre-tax and post-tax retirement investing into cryptocurrency.
They handle setting up and managing the self-directed IRA on the user’s behalf, allowing them to invest in cryptocurrencies, tax-free growth, and tax-free withdrawals (after 59 1/2 years old).
BitIRA takes storage security very seriously. They secure your assets through cold storage and insured custodians. With this crypto IRA company, the user retains ownership of their assets while BitIRA handles the transactions, reporting, and compliance.
The best way for you to start with BitIRA is to download their essential guide to digital IRAs. The guide is free and regularly updated with the latest info and best advice for investors like you.
BitIRA Lawsuit and Complaints (Conclusion)
BitIRA have never been sued by any customer so far ( there were no lawsuits when I wrote this guide and tutorial).
They don’t have ANY complaints about them on popular consumer watchdog websites (the profiles either don’t exist or are underdeveloped with only a handful of customer reviews).
If you’ve had experience with BitIRA or are a previous customer, make sure you leave a review in the comment section below.
Some more resources to read:
- Swan Bitcoin Lawsuit, Reviews and Complaints Guide- Is Swan Bitcoin a Scam or Legit?
- Goldline Lawsuit, Reviews and Complaints Guide- Is Goldline a Scam or Legit?
- Fidelity Investments Lawsuit, Reviews and Complaints Guide- Is Fidelity Investments a Scam or Legit?
- Red Rock Secured Lawsuit, Reviews and Complaints Guide- Is Red Rock Secured a Scam or Legit?
- Alto IRA Lawsuit, Reviews and Complaints Guide- Is Alto IRA a Scam or Legit?
- Gold Alliance Lawsuit, Reviews and Complaints Guide- Is Gold Alliance a Scam or Legit?
- Oxford Gold Group Lawsuit, Reviews and Complaints Guide- Is Oxford Gold Group a Scam or Legit?
- Texas Precious Metals Lawsuit, Reviews and Complaints Guide- Is Texas Precious Metals a Scam or Legit?
- Bitcoin IRA Lawsuit, Reviews and Complaints Guide- Is Bitcoin IRA a Scam or Legit?
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.
