Cryptocurrency platform Bitcoin IRA has announced a new record high, with transactions crossing $400 million since the company’s launch in 2016. Based in Los Angeles, California, the company allows clients to buy and sell Bitcoin (BTC) and other digital assets through their Individual Retirement Account or 401(k).
The retirement fund-focused crypto firm launched its online self-trading platform a year ago following its partnership with cryptocurrency custody leader BitGo Trust, which provides $100 million insurance and military-grade security. Users can self-trade crypto 24/7 in an IRA or 401(k) account, store their IRA holdings and track transactions in real time.
Bitcoin IRA, which bills itself as the world’s first and largest digital asset IRA platform, has also integrated biometric security which uses facial recognition for customer authentication.
Bitcoin was the best-performing asset of the decade, outperforming the S&P 500, and continues to attract investors who are planning for their retirement.
Chris Kline, the company’s chief operating officer, says competitive pricing coupled with its secure online IRA transfer process powers around-the-clock, real-time management.
“We are announcing substantial product launches in 2020 that should accelerate our company’s growth and further enhance our client’s ability to self-manage and grow their retirement portfolios.”
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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