Best Bitcoin IRA Companies

Founded in 2018, iTrustCapital lets individuals buy and trade cryptocurrencies and physical gold in real time through their retirement accounts. The company has the lowest service and trade fees we’ve come across, placing it in the top spot for best rates and fees.

iTrustCapital offers some of the most affordable trading and investing fees. Though paying up to 15% per transaction to trade cryptocurrencies is not uncommon, iTrustCapital charges just 1% per transaction. There is no monthly fee, and clients are charged no initial purchase fees, broker fees, or scaling based on the size of their assets. Additionally, new users get a $100 Bitcoin reward when they fund their accounts.

iTrustCapital allows clients to trade in 29 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and EOS any time of day or night using its 24-hour transaction service. There is only a $1,000 minimum to start an account and a $30 trade minimum. iTrustCapital also lets its clients diversify their IRA portfolios with gold while enjoying the same fees.

In June 2021, iTrust announced that it began using Coinbase Custody to secure its digital assets up to $370 million. This is in addition to its basic coverage that begins at $50 million and is provided by Munich Re, a leading provider of insurance-related risk solutions founded in 1880.

Established in 2016, Bitcoin IRA is the first and largest cryptocurrency IRA company that lets individuals invest in cryptocurrency with their retirement accounts. The platform’s easy account setup and management, 24/7 real-time trading, and military-grade security features are at the core of the offering.

Bitcoin IRA makes it easy to create an IRA account and digital wallet in just a few minutes using its app or web dashboard. When funds are transferred to an account, users can begin trading within three to five days and can buy, sell, and trade online any time of day or night.

Bitcoin IRA supports trading over 60 types of cryptocurrency, including Bitcoin, Ethereum, Cardano, and Litecoin. Although the minimum to open a standard account is $3,000, the company also offers a Saver IRA that requires an initial deposit of $100 with a recurring investment of $100 per month through a linked bank account.

Bitcoin IRA also takes security seriously. The platform offers 256-bit encrypted SSL trading, stores digital assets offline in separate cold storage accounts, and insures its digital assets up to $700 million.

Bitcoin IRA charges a custodian fee, a security fee, and a one-time service fee, but it requires potential investors to contact a customer service representative for specific numbers.

Though only established in 2017, BitIRA has made a name for itself by offering the highest levels of security for both cryptocurrency transactions and storage, backed by unlimited insurance coverage, making it our choice as the best for security.

BitIRA uses multi-encryption encoding for transactions to keep them secure while they’re most vulnerable online. When completed, transactions are moved to physical keys kept offline inside grade-5 nuclear bunkers protected by armed guards and computer security specialists 24/7. 

BitIRA is so confident in its security measures that it covers all digital assets dollar-for-dollar, insuring all client digital currencies at full value. The company also offers a $1 million consumer protection insurance policy to protect against internal cases of fraud or theft.

BitIRA requires a minimum investment amount of $5,000 to start an IRA and requires customers to work with a digital currency specialist to open an account. The company allows clients to invest and trade in nine types of cryptocurrency, including Bitcoin, Ethereum, Ripple, and Litecoin.

BitIRA doesn’t list its fees on its website.

As a financial services company established in 1974, Equity Trust branched into self-directed IRAs (SDIRAs) in 1983. The company’s extensive expertise in traditional and alternative investments, no transaction fees, and personal guidance make it our top choice as the best for self-directed investments.

Clients will need to speak to a representative directly in order to start an Equity Trust SDIRA. When an account is open, clients can trade in up to eight cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, with no fees and a one-day settlement.

Equity Trust also takes security seriously, employing over six security features, including multi-factor authentication, multi-encryption, and secure cold storage. The company also offers end-to-end insurance on its digital assets.

Equity Trust offers its clients access to SDIRA specialists who can help them manage their accounts as well as educational tools to help them understand their investment options. The company also offers a dashboard to its clients for handling transactions, requiring them to issue directions to an account specialist to invest funds from their accounts.

The company charges annual administration fees between $75 to $2,640 depending on the size of the account as well as a $50 setup fee and a 0.07% monthly cold storage fee based on account balance.

Coin IRA was founded in 2017. Its low fees and customer education make it our choice for the best investor experience.

Coin IRA helps individuals get started with its free "How to Add Bitcoin and Other Cryptocurrencies to a Crypto IRA" resource, which educates readers on the investment benefits of cryptocurrency IRAs, how to convert existing retirement accounts to invest in cryptocurrencies, and more. From there, the company offers specialized cryptocurrency retirement experts who can walk customers through the process of setting up an account.

Coin IRA supports investment and trading in Bitcoin, Ethereum, Litecoin, and more. Assets are held in cold storage, off balance sheet, in the name of Equity Trust for the benefit of each specific account holder.

Coin IRA’s minimum investment is $5,000 to open a cryptocurrency IRA or $5,000 if funds are transferred from a non-IRA account. The company has confirmed there is no fee to set up the account, no annual or monthly maintenance fees, and no charge for insured cold storage for account holders’ digital assets.