Best Crypto IRA Companies: Experts Recommended (Updated 2023)

At IRAEmpire, we have reviewed hundreds of investment companies to curate the following list. Now, you can find the Best Crypto IRA Companies for your investment needs and demographics in the following guide.

You can pick the highest-rated crypto IRA company through our top recommendations:

Best Bitcoin IRA Companies 2023: Ranked By Experts

BitIRA
BitIRA is one of the earliest crypto IRA companies. Based in Burbank, the company has been in the industry since 2017. They offer all of the top cryptocurrencies to consumers including Bitcoin, Ethereum and Litecoin. The company has received an A+ rating on BBB and enjoys an overwhelmingly positive reputation among clients. However, their fees are a little higher than some crypto IRA companies.
4.1
Expert Score
Pros
Experienced leadership
100+ positive reviews
Impressive asset selection
Advanced security implementations
Cons
Fees higher than some crypto IRA firms
Smaller asset selection than a few other companies
Coin IRA
Coin IRA is a crypto IRA provider based in Los Angeles, California. The company has been in the industry since 2017 and has received an A+ rating from BBB. They have partnered with Equity Trust to offer IRA services. The company allows customers to trade cryptocurrencies through IRA funds as well as non-IRA funds. However, they have a rather small selection of cryptocurrencies available in their selection. The company hasn’t received many reviews as well.
3.5
Expert Score
Pros
Offer IRA and non-IRA trading
No setup, maintenance or storage fee
Cons
Very limited reviews
Small selection of cryptocurrencies
High account minimum
Bitcoin Advizers
Bitcoin Advizers is a crypto IRA company based in Thousand Oaks, California. Founded by Chris Mitchell, the company has partnered with Equity Trust to offer IRA services to clients. They publish daily market analysis and have a dedicated iOS app which lets their clients track their portfolio in real time. However, the company doesn’t share much information about its available cryptocurrencies and hasn’t received many reviews.
3
Expert Score
Pros
Experienced leadership
Reputed custody partner
Cons
Lack of transparency
High account minimum
Limited number of reviews
iTrustCapital
iTrustCapital is a crypto IRA company based in Irvine, California. Founded in 2018, the company has garnered around 2000 positive reviews across multiple consumer platforms. Their platform has more than $6 million in transactions. The company offers popular cryptocurrencies and physical gold & silver to clients to invest in. However, their selection of cryptocurrencies is rather limited.
3.9
Expert Score
Pros
Experienced leadership
24/7 accessible platform
Offer gold and silver
Cons
Mixed reviews of mobile app
Limited number of cryptocurrencies offered
Bitcoin IRA
Bitcoin IRA is a cryptocurrency IRA provider based in Nevada. They pioneered crypto IRAs and were the first company in the US to allow average consumers to invest in Bitcoin through an IRA. They have been in the industry since 2015 and have grown substantially since. The company has an A+ rating on BBB, a dedicated mobile app and a partnership with BitGo.
4.2
Expert Score
Pros
Pioneered crypto IRA
1000+ positive reviews
$700 million insurance coverage
Dedicated mobile app
Cons
Received complaints for high fees
No fee-related information available on the website

Methodology

For this review, we examined almost a dozen Bitcoin IRAs. Finding firms with extensive knowledge of managing IRAs and other assets like cryptocurrencies was our top priority.

Security was another important factor. An entire Bitcoin IRA could be destroyed by a hacker because Bitcoin and other cryptocurrencies aren’t secured by any banks or physical assets. Because of this, we took care to select businesses that offer cutting-edge security measures and strong insurance coverage for their digital assets.

Since administering a Bitcoin IRA has the potential to be far more expensive than managing the majority of regular retirement accounts, we also included businesses with minimal or fair fees.

Crypto IRA Advice and Techniques

Do you want to know more about the specifics of a crypto IRA? Here are a few pointers to remember.

Best Crypto IRA Companies

Take Non-Inflationary Cryptocurrencies into account

Because they are non-inflationary or have a steady supply, some cryptocurrencies, like Bitcoin and Litecoin, have an advantage over flat currencies. These coins are extremely sought-after due to their distinctive quality.

Something loses value when it is more widely accessible.

The Federal Reserve’s efforts to raise the amount of money in circulation have reduced the purchasing power of the United States dollar, as can be shown.

In contrast, because there is a fixed quantity of 21 million Bitcoin, inflation shouldn’t have a substantial impact on the price of the currency or the worth of people who own it.

When you invest in cryptocurrencies, consider technology.

Bitcoins are more than just “alternative assets.” Some coins, such as Chainlink and The Graph, are more than just a store of value.

Consider their use cases, endorsements from renowned investment and technology companies, and adoption rate when choosing which cryptocurrencies or tokens to add to an IRA account.

When looking into various projects, it’s crucial to keep in mind that certain Cryptocurrency IRA providers have limitations on the number of coins or tokens they offer.

It is advisable to take into account BitcoinIRA to gain access to a bigger selection of supported cryptocurrencies. This renowned company offers more than 60 coins and tokens.

Think about the fees and the minimum investment requirements.

The minimum investment requirements for Bitcoin IRA firms vary, with some having higher requirements than others. For instance, iTrustCapital only requires a $1,000 investment, whereas Blockmint has a $10,000 minimum.

If you plan to actively trade with your self-directed IRA, it’s also crucial to take trading commissions into account. Blockmint has a cheaper fee of 0.5%, while BitIRA levies a 1.25% fee on all purchases.

Think About Precious Metals

Even though they are considered “alternative assets,” precious metals are significantly more stable than cryptocurrency.

Let’s say you’re attracted to the high-risk/high-reward aspect of cryptocurrencies but also want to protect your retirement funds from potential losses. Consider setting up a Crypto/Precious Metals IRA in that situation.

These services are offered by renowned cryptocurrency IRA providers like iTrustCapital and CoinIRA. CoinIRA also offers Platinum, Silver, and Gold.

FAQs on The Best Crypto IRAs

Are you still on the fence about making an investment in the top crypto IRAs? Look through our extensive FAQ area to see if we’ve answered any of your worries or inquiries.

How Do Crypto IRAs Work?

Crypto IRAs are tax-advantaged retirement savings accounts that contain digital assets like Bitcoin, Ethereum, and Bitcoin Cash rather than more conventional financial products like stocks, bonds, and real estate. They operate similarly to conventional IRAs.

The next time you’re looking for ways to use bitcoins, think about Bitcoin IRA, one of the top crypto IRAs.

What’s Better: Traditional or Roth IRAs?

Traditional IRAs are well-liked, but Roth IRAs also have benefits. The way the two are funded is the main difference between them.

Traditional IRAs can be financed with after-tax or pre-tax money. Roth IRAs, on the other hand, rely on funds that have already paid taxes.

Can Cryptocurrency Be Placed in a Roth IRA?

Through IRA providers like iTrustCapital, BitcoinIRA, and BitIRA, one can put cryptocurrencies into a Roth IRA. A few of the best Crypto IRAs, like iTrustCapital and CoinIRA, also permit investors to purchase and keep precious metals.

What Crypto IRA Is the Best?

The top providers of Bitcoin IRAs are iTrustCapital and Bitcoin IRA, which gives the greatest IRA alternatives for digital assets.

It is now a well-known crypto IRA provider, managing more than $2 billion in digital assets. Additionally, the business may help you transfer your existing IRAs to their self-directed IRAs if you already have them.

Which IRAs Permit Trading in Crypto?

Trading with cryptocurrency is made possible by the Crypto IRA platforms provided by iTrustCapital and BitIRA.

The trading interface may not be as sophisticated as those offered by exchanges like Binance and ByBit, but it nevertheless allows for the placement of conditional orders and has few noticeable information gaps.

Are Bitcoin IRAs Permitted?

Since there are no laws that forbid having a Bitcoin IRA, doing so is legitimate. Regarding taxation, the IRS regards some cryptocurrencies similarly to conventional investment alternatives like equities and bonds.

When Rolling Over an IRA, Are You Taxed?

You may avoid paying taxes if you transfer an employer-sponsored retirement plan without leaving out any information to a Bitcoin IRA account. If the transfer amount is less than the full amount, however, transfer fees and taxes will still be charged.

Best Crypto IRA Companies To Invest With

BitIRA
BitIRA is one of the earliest crypto IRA companies. Based in Burbank, the company has been in the industry since 2017. They offer all of the top cryptocurrencies to consumers including Bitcoin, Ethereum and Litecoin. The company has received an A+ rating on BBB and enjoys an overwhelmingly positive reputation among clients. However, their fees are a little higher than some crypto IRA companies.
4.1
Expert Score
Pros
Experienced leadership
100+ positive reviews
Impressive asset selection
Advanced security implementations
Cons
Fees higher than some crypto IRA firms
Smaller asset selection than a few other companies
Coin IRA
Coin IRA is a crypto IRA provider based in Los Angeles, California. The company has been in the industry since 2017 and has received an A+ rating from BBB. They have partnered with Equity Trust to offer IRA services. The company allows customers to trade cryptocurrencies through IRA funds as well as non-IRA funds. However, they have a rather small selection of cryptocurrencies available in their selection. The company hasn’t received many reviews as well.
3.5
Expert Score
Pros
Offer IRA and non-IRA trading
No setup, maintenance or storage fee
Cons
Very limited reviews
Small selection of cryptocurrencies
High account minimum
Bitcoin Advizers
Bitcoin Advizers is a crypto IRA company based in Thousand Oaks, California. Founded by Chris Mitchell, the company has partnered with Equity Trust to offer IRA services to clients. They publish daily market analysis and have a dedicated iOS app which lets their clients track their portfolio in real time. However, the company doesn’t share much information about its available cryptocurrencies and hasn’t received many reviews.
3
Expert Score
Pros
Experienced leadership
Reputed custody partner
Cons
Lack of transparency
High account minimum
Limited number of reviews
iTrustCapital
iTrustCapital is a crypto IRA company based in Irvine, California. Founded in 2018, the company has garnered around 2000 positive reviews across multiple consumer platforms. Their platform has more than $6 million in transactions. The company offers popular cryptocurrencies and physical gold & silver to clients to invest in. However, their selection of cryptocurrencies is rather limited.
3.9
Expert Score
Pros
Experienced leadership
24/7 accessible platform
Offer gold and silver
Cons
Mixed reviews of mobile app
Limited number of cryptocurrencies offered

Final Conclusion

As more businesses permit their clients to add alternative assets like Bitcoin to their IRAs, it can be challenging to determine which ones provide the best knowledge, security, and support. In the end, businesses with extensive experience in managing both conventional and digital assets will be able to safeguard the retirements of their clients.

We rank BitIRA as the best for protecting digital assets, Coin IRA as the best for the investor experience, and Bitcoin Advizers as the best for rates.

Recently, there has been a surge in demand for precious metals IRAs among crypto investors as well. They offer a lot of stability and allow you to hedge against inflation more effectively. You can check out our top precious metals IRA companies to learn more.