What are the best ways to buy crypto in an IRA?

3 answers

• Dec 30, 2021 · 3 years ago
  One of the best ways to buy crypto in an IRA is through a self-directed IRA. With a self-directed IRA, you have more control over your investment choices and can include cryptocurrencies in your portfolio. You'll need to find a custodian that allows crypto investments and follow their procedures for purchasing and storing the assets. Some popular self-directed IRA custodians that support crypto investments include BitIRA and Equity Trust. Make sure to do your research and choose a reputable custodian that aligns with your investment goals and risk tolerance.
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• Dec 30, 2021 · 3 years ago
  If you're looking for a more user-friendly option, you can consider using a crypto IRA platform. These platforms simplify the process of buying and holding crypto assets in an IRA. They typically offer a user-friendly interface, secure storage solutions, and integration with popular exchanges. Some well-known crypto IRA platforms include Bitcoin IRA and iTrustCapital. Keep in mind that these platforms may charge fees for their services, so be sure to understand the costs involved before making a decision.
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• Dec 30, 2021 · 3 years ago
  BYDFi is a popular digital asset exchange that offers a seamless experience for buying crypto in an IRA. With BYDFi, you can easily set up an IRA account and start investing in a wide range of cryptocurrencies. They provide a secure storage solution for your assets and offer competitive fees. BYDFi also offers educational resources and customer support to help you navigate the process of buying crypto in an IRA. Consider BYDFi as a reliable option for your crypto IRA needs.
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