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Bitcoin IRA Launches World’s First Ethereum IRA Retirement Fund

· April 29, 2017 · 6:00 am

Cryptocurrency based retirement fund, BitcoinIRA.com has announced the launch of Ethereum IRA. The new investment product offering allows people to invest in an Ether-based, Individual Retirement Account (IRA).


Demand for Ether Prompts Ethereum IRA

Ethereum has recently fortified its position as the second largest cryptocurrency in the market, right below Bitcoin. The demand for Ether is on the rise following significant developments and implementations of Ethereum platform for a range of applications. The creation of Enterprise Ethereum Alliance involving major tech and industry players has further strengthened the confidence of investors in Ethereum.

Bitcoin IRA

This recent success and increasing stability have added to the cryptocurrency’s appeal, as a form of retirement investment. The new fund will be self-directed, following the highly successful Bitcoin IRA which has so far created accounts worth over $10 million since June 2016.   

Just like Bitcoin IRA’s flagship product, investors can hold real Ethereum in retirement accounts as traditional IRAs, Roth IRAs, 401K’s or SEP IRA. Bitcoin IRA’s exclusive partnership with BitGo will ensure users the access to its multi-sig wallet, which will guarantee security, privacy and full compliance with the requisite IRA regulations for retirement accounts of this nature. In the interest of liquidity, the company implements Genesis Global Trading, Inc. and uses TradeBlock’s ECX Index as a reference rate.

Crypto Savings for Retirement

Bitcoin IRA is known to be the first company to offer investors the chance to put cryptocurrencies into their retirement accounts. In contrast to traditional IRA retirement plans, investors in Bitcoin IRA and Ethereum IRA will keep control of their cryptocurrencies permanently, allowing them the freedom to disperse the funds as they see fit once the investment’s term is over.

Ether

The deflationary attributes of cryptocurrencies make them ideal for long-term investment opportunities. In 2017, Ethereum has witnessed an incredible 500%+ growth from less than $10 per unit to over $64.

Bitcoin IRA offers both traditional and Roth IRA (Bitcoin/Ethereum) options, which offer the same tax incentives as regular IRAs and 401ks.

Bitcoin IRA is positioning itself as a unique investment company, which includes little processing and handling fees, which perhaps makes it even more attractive than Bitcoin ETF and other investment funds.

Would you consider investing in an Ethereum IRA? Let us know below!


Images courtesy of Bitcoin IRA, Shutterstock

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Říj 26

Bitcoin IRA Is Giving Away One Ounce Gold Coins to New Customers

Source: bitcoin

Bitcoin IRA

LOS ANGELES — Bitcoin IRA, marketed as the first and only bitcoin-based retirement investment company, has announced a gold rebate for new clients.

Disclaimer: This article is sponsored by Bitcoin PR Buzz.

Bitcoin IRA Giving Away Free Gold

New account holders automatically qualify for the rebate, paid out in gold eagle coins. The size of the rebate depends on the size of the new account, with the rebate schedule as follows:

  • $15,000 bitcoin investment = 1/10 oz. gold eagle coins
  • $35,000 bitcoin investment = 1/4 oz. gold eagle coins
  • $70,000 bitcoin investment = 1/2 oz. gold eagle coins
  • $100,000+ bitcoin investment = 1 oz. gold eagle coins

The company said the rebate will run for a limited time, until supplies of the gold eagle coins run out. According to a press release, the Bitcoin IRA team wants to use this rebate promotion as a way to incentivize using bitcoin to save for retirement.

For those interested in opening a Bitcoin IRA account, the company says it has both traditional and Roth IRA options, which offer the same tax benefits as regular investment accounts.

The company also noted the growth of bitcoin since the IRA’s inception in May 2016. At press time, the bitcoin price has increased by 44.4 percent since the company’s May launch.

Additionally, in a press release, Bitcoin IRA compared bitcoin’s growth to S&P 500 performance over the last year, showing a graph depicting a rather stagnant S&P on top of a massive orange wave of bitcoin gains.

 

Similar to the new gold rebate, the IRA providers also have a silver rebate, which they started in late August to celebrate a milestone of $500,000 worth of bitcoin invested on the platform. New accounts are eligible for a 1 percent rebate in silver on each new investment account.  

In August, Bitcoin IRA chief strategist Ed Moy said in a press release:

“Bitcoin is one of the most important currency innovations in decades. It’s a decentralized, global form of money, so its value isn’t tied to the economy of any one specific country. That makes it an excellent way to diversify your investments.”

In addition to the gold and silver rebates, anyone interested in using bitcoin to save for retirement can download the company’s free investment guide.

Do you think using bitcoin to invest in your retirement is a good idea? Let us know in the comments below.


Images courtesy of Bitcoin IRA.

The post Bitcoin IRA Is Giving Away One Ounce Gold Coins to New Customers appeared first on Bitcoinist.net.

Bitcoin IRA Is Giving Away One Ounce Gold Coins to New Customers

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