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BitCoinIRA enables Bitcoin investment option

Thursday 19 May 2016 11:42 CET | News

BitCoinIRA.com has revealed the launch of its new Bitcoin IRA product, which gives investors the option of diversifying their retirement portfolios with Bitcoin.

BitCoinIRA.com Chief Strategist Edmund Moy, who served as the Director of the US Mint from 2006-2011, views Bitcoin and its decentralized nature, as more secure than traditional investments such as stocks and bonds, which are highly correlated to the strength of the USD.

The Bitcoin IRA vehicle holds actual bitcoin deposits for clients in a special IRA-designed security wallet, unlike other investment vehicles such as the Bitcoin.

To safely store IRA investor’s Bitcoin, BitCoinIRA.com has partnered with Palo Alto-based BitGo, a company specializing in provding enterpise-grade storage solutions for digital currencies.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions
Categories: DeFi & Crypto & Web3
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DeFi & Crypto & Web3






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