BitcoinIRA arrived on the cryptocurrency IRA scene earlier than its major competitors including Regal Wallet. This first IRA company to offer both Bitcoin and Ethereum became a leader in the new field when it began operations in 2016. Since then it has attracted significant media attention from such industry leaders as Forbes, CNBC, Barron’s and dozens of other operations who expounded on their services and achievements in the Self-Directed IRA field. The company was a pioneer in the different cryptocurrencies it offered its clients, quickly adding Ethereum, Ethereum Classic, Bitcoin Cash, Litecoin, Ripple, Stellar Lumens, and Z Cash to its stable of IRA approved digital assets.
Bitcoin IRA has touted its concentration on only handling crytpocurrencies since its inception. They were also the first IRA company to add Ethereum IRAs as the second largest market capitalization digital asset ether.
Bitcoin IRA Management Team
The Chief Strategist of BitcoinIRA is Ed Moy. He has been an enormous boost to the firm since joining it as the (former) 38th Director of the U.S. Mint, serving in this role from 2006-2011 while President George W. Bush was president .
Ed Moy has been a major believer in bitcoin and the other major cryptocurrencies for a number of years. He brought to his exciting new role his impressive educational background in political science, education, and international relations. As head of the United States Mint, he supervised operations during the Global Financial Crisis and Great Recession. This was an era where there was an unprecedented level of demand for gold and silver bullion. Mr. Moy also oversaw the final days of the 50 States Quarter program, as well as the launch of the Presidential Dollar Coins and the National Park Quarters program. He managed the relaunched Saint Gaudens Double Eagle gold coins as well. His programs were so successful that his time at the mint saw a billion dollars of surplus earnings returned to the U.S. Treasury’s General Fund.
Alongside his role as Chief Strategist at BitcoinIRA, Mr. Moy has also been the Chief Strategist for Fortress Gold Group. They are a large provider of Gold IRA accounts. Moy is also an author of the book American Gold & Platinum Eagles.
The other outstanding name readily prescribed to BitcoinIRA is Chris Kline, who has served as the company’s Chief Operating Officer for years. Also an executive for Fortress Gold Group, Mr. Kline’s presence at BitcoinIRA suggests some sort of connection between the two firms. Kline has authored numerous articles and provided many interviews promoting both Bitcoin IRAs and the digital assets emerging universe.
Bitcoin IRA Opening Process
The main thing that BitcoinIRA demonstrates about their account opening procedures is how simple they are. You must choose a custodian from their list. They will help you to take it from there. You will fill in some simple forms and then begin investing in the digital assets almost straight away.
Their company permits you to take advantage of traditional IRA (that utilize pre-taxed dollars) or Roth IRAs (that employ after tax dollars). The company representatives are happy to help you select from their range of cryptocurrencies that they offer so that you are comfortable with the mix of products that you have added to your IRA.
BitcoinIRA’s Bitcoin Storage
Storage is a key issue that you simply can not ignore regardless of the Bitcoin IRA firm that you choose to work with these days. If the digital assets are not sufficiently protected and stored, they can become stolen, hacked, or even destroyed in a computer virus or natural disaster that afflicts the storage computers. BitcoinIRA works closely with BitGo to offer secure storage of all their client funds and cryptocurrency units.
BitcoinIRA explains that they utilize a three layer security system and multi-signature digital wallet in their safety protocols. They do not specify if this is through cold storage, offline, or a likely stronger combination of the two concepts like Regal Wallet does. BitGo demonstrates a clear grasp and expertise on processing, handling, and storing the cryptocurrencies though.
Bitcoin IRA Company Products
This firm sells bitcoin and all of the other major cryptocurrencies. As of date of publication, this included Ethereum, Ethereum Classic, Bitcoin Cash, Litecoin, Ripple, Stellar Lumens, and Z Cash. They take great pride in having been the first Bitcoin IRA company to offer Ethereum to their clients. Today they call themselves the first, biggest, and most secure Bitcoin IRA firm.
BitcoinIRA has worked with Genesis Global Trading to obtain digital assets liquidity since their inception. BitGo handles the storage of all of their client funds and cryptocurrency units. These partner company arrangements have worked out well for their customers in the four years of their operations so far.
Bitcoin IRA Reviews, Ratings and Complaints
Here is a list of reviews and complaints that you will find on trusted reporting sites & rating agencies. There are links provided which will let you read the reviews in more detail.
- BCA Rating: AA (details)
- BCA Complaints: 0 Complaints (details)
- BBB Rating: Not Rated
- BBB Complaints: Not Rated
- Complaint Board: None Listed
- Yelp: Not Rated
- TrustLink: Not Rated
- Yellow Pages: Profile (details)
- CitySearch: Not Rated
- Google+: Profile (details)
- TrustPilot: N/A
- Facebook: (5.0 / 5) based on 1 review (details)
The company does not have any BBB ratings so far, but BitcoinIRA does boast a reasonably impressive A rating from the Business Consumer Alliance.
Bitcoin IRA Contact Information
- Address: 15303 Ventura Blvd, Suite 1060, Sherman Oaks, CA 91403
- Phone: 877-430-3546
- Website: www.bitcoinira.com
- Opening Hours: Monday-Friday: 8am-5:30pm PST
Key Pages from Bitcoin IRA’s Website
Here are the most important pages from Bitcoin IRA’s website. You can read this information to better understand the company.