Bitcoin IRA adds digital gold to its retirement investment platform
Los Angeles-based Bitcoin IRA is the world’s first and largest digital asset IRA company that allows customers to securely purchase cryptocurrencies and invest them in their retirement accounts. Additionally to the full range of coins available for purchase, Bitcoin IRA has officially launched one more digital asset option – Digital Gold (DG).
DG is an innovative solution that allows customers to buy, sell and trade the investment-grade, pure physical gold 24/7. The unique proposition of the Digital Gold lies in a combination of pure physical gold value and the speed of Exchange-Traded Funds (ETFs). Digital Gold is not only unique, but a lot more cost-efficient too, as it allows customers to maintain 100% ownership of the gold during the whole transaction process, and also have lower markup and transaction costs.
According to the Bitcoin IRA’s COO and co-founder, Chris Kline, Digital Gold is a true disruptor in the industry, because it’s offering the best from both worlds. Before it was launched, customers had to choose between dollar-derived proxy ETF certificates or slow and expensive physical gold.
Additionally to DG, Bitcoin IRA offers a number of cryptocurrencies for pension funds’ investments, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar Lumens (XLM) and Zcash (ZEC). Since 2016, BitcoinIRA.com has processed $300 million in crypto investments for over 5,000 customers.
Recently, the interest to crypto-related investments is on the rise among major institutions as well. Just earlier this week, February 14, one of the biggest investment firms in North America, Morgan Creek Capital Management, has launched a $40-million investment fund focused strictly on cryptocurrency.