Crypto Platform Bitcoin IRA™ Adds Support for Physical Gold

2 years ago
2 mins read

Top digital asset platform Bitcoin IRA is adding physical gold to its list of existing digital assets. The platform which currently supports Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM) and Zcash (ZEC), allows its clients to buy, sell and swap assets, all within the platform.

Following the COVID-19 crisis which has greatly affected the stock market, investors are looking for more stable “money” than the U.S Dollar which is bound to face severe inflation in the future. The attention has therefore shifted to gold, so Bitcoin IRA is making it available to its clients for their retirement accounts.

Making gold available as a store of value

Not only is the platform making gold available, but it is making it more affordable than is obtainable in traditional gold firms which have high broker and custody fees. Without having to deal with middlemen, Bitcoin IRA’s clients can now buy gold at an affordable rate with the safety of their investments guaranteed with Brink’s bullion vault facility.

Buying and selling gold can be done directly from clients’ self-directed retirement accounts at any time of the day 7 days a week, thus making it much simpler than the conventional process of buying gold.

The United States is currently by far the greatest holder of gold in the world, according to data reported by Finbold. This makes the sector a promising one and Bitcoin IRA is opening doors to its clients to invest in the industry. Cryptocurrency has also become an attractive industry for investors in recent times.

Since its creation in 2016, Bitcoin IRA is the world’s first, largest and most secure digital asset IRA technology platform has processed over $400 million in cryptocurrency transactions with over 50,000 customer accounts.

With the addition of gold to its assets, the platform may be growing even more at a time like this when investors are looking for promising alternative investments.

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Justinas Baltrusaitis

Justin crafts insightful data-driven stories on finance, banking, and digital assets. His reports were cited by many influential outlets globally like Forbes, Financial Times, CNBC, Bloomberg, Business Insider, Nasdaq.com, Investing.com, Reuters, among others.