- iTrustCapital is a legit investment company that offers self-directed IRA (SDIRA) accounts for investing in cryptocurrencies and precious metals in a tax-advantaged account.
- Long-term investors in Bitcoin or other cryptocurrencies should use a retirement account to protect investors from capital gains taxes and offer additional tax savings. iTrustCapital is the best way for long-term investors to invest in cryptocurrencies and precious metals in tax-efficient retirement accounts.
- iTrustCapital is a digital asset IRA platform that allows clients to purchase and trade cryptocurrencies and physical gold and silver in real-time within tax-efficient retirement accounts. It supports multiple types of IRAs offered and has processed more than $6 billion in trading volume since inception, making it among the most liquid crypto IRA platforms available.
Overview of iTrustCapital
4.5/5 Ratings
Welcome to iTrustCapital! Our platform simplifies the investment process for individuals with self-directed IRA accounts. We offer a diverse range of assets, such as Bitcoin, Ethereum, gold and more. Plus, our low transaction fees are perfect for beginners and experienced investors alike.
Unlock the power of cryptocurrencies with an IRA account. Diversify your portfolios and potentially earn high returns. Plus, take advantage of educational resources to make informed decisions.
What sets us apart? Automatic trading and rebalancing, user-friendly dashboards, and security. Enjoy an exceptional investing experience with iTrustCapital – the secure and easy-to-use platform for smart investing.
Pros and Cons
Pros
✅ There are no installation or storage expenses.
✅ Orders are processed in within five minutes.
✅The fees are reasonable.
✅Orders are processed fast.
✅Assistance with the creation of new user accounts is available.
Cons
❎ There are just eight of the most popular cryptocurrencies available for investment.
❎ Precious metal investments offer limited variation.
Benefits of using a self-directed IRA for long-term cryptocurrency investments
Cryptocurrency investments offer numerous benefits when using a self-directed IRA for long-term financial goals. Investors gain full control of their investments and can diversify their portfolios. Options like Bitcoin, Ethereum, Litecoin, and Ripple are available to invest in.
A self-directed IRA for cryptocurrency investments is ideal for those who believe in its long-term sustainability and provides tax advantages. Additionally, a secure and reliable way to store, manage, and transfer cryptocurrency assets is given.
Investors can find greater control and flexibility with a self-directed IRA. Risk can be determined and investments can go beyond cryptocurrencies, such as real estate, metals, and private equity.
Features of iTrustCapital
Looking to invest your retirement savings in cryptocurrencies or precious metals? Look no further than iTrustCapital.
This platform stands out from the competition with its impressive trading volume and support for multiple types of IRAs. iTrustCapital also boasts a user-friendly platform and top-notch customer service. However, it should be noted that the platform has some limitations, including a relatively small selection of cryptocurrencies available for trading and the absence of interest-bearing accounts.
Invest through an IRA and potential long-term gains without paying taxes until withdrawal. Investing in cryptos and precious metals can be simple and secure with iTrustCapital’s tax-advantaged retirement accounts.
Tax-advantaged retirement accounts for investing in cryptocurrencies and precious metals
Invest in cryptos and precious metals through iTrustCapital’s tax-advantaged retirement accounts. It’s easy with their user-friendly platform. Plus, $6 billion trading volume has been processed. Assets are securely stored in a custodial wallet. Live chat and phone support are available. And, they’re regulated in the U.S.
Accounts have a minimum of $1,000 and competitive fees. High customer satisfaction ratings from Trustpilot and Business Consumer Alliance.
Processed more than $6 billion in trading volume and supports multiple types of IRAs offered
iTrustCapital has made a name for itself in the investment world. With a trading volume of over $6 billion, it has earned a reputation for excellence. It provides Traditional, Roth, and SEP IRAs – as shown in the table – which reflects the trust placed in the platform.
| Type of IRA | Description |
|---|---|
| Traditional IRA | Contributions may be tax-deductible; pay taxes when you withdraw funds in retirement. |
| Roth IRA | Contributions are made after taxes and grow tax-free; withdrawals are also tax-free. |
| SEP IRA | Designed for self-employed individuals or small business owners. Contributions may be tax-deductible; pay taxes when you withdraw funds in retirement. |
Although it doesn’t offer every cryptocurrency and interest-bearing accounts, its tax-advantaged retirement accounts are attractive for investors. These allow them to invest in cryptocurrencies and precious metals and also benefit from tax advantages.
iTrustCapital’s customer service and features have gained it much popularity. Its focus on an excellent user experience is something investors appreciate.
Limited selection of cryptocurrencies and no interest-bearing accounts
iTrustCapital offers a relatively small selection of cryptocurrencies and no interest-bearing accounts. This might not be enough options for some investors. Also, no interest-bearing accounts may not meet the needs of clients looking for regular income streams. However, clients can access multiple types of IRAs offered by iTrustCapital to diversify and enjoy tax advantages.
These limitations may not be suitable for all investors. But, iTrustCapital provides a custodial wallet, a user-friendly platform, live chat, and phone customer service. Moreover, the company is regulated by the U.S. to ensure the security of investments.
For those looking for specific cryptocurrencies not offered by iTrustCapital, other platforms or exchanges may be a better option. To avoid missing potential investment opportunities due to the limited selection, it’s worth exploring other platforms and weighing the pros and cons before investing.
All in all, iTrustCapital’s user-friendly platform and custodial wallet make it easy for new investors to get into cryptocurrencies. However, investors should consider the limited selection of cryptocurrencies and lack of interest-bearing accounts before investing.
Custodial wallet and user-friendly platform
Investing in digital assets and crypto has become popular. But, many investors are hesitant due to security concerns. iTrustCapital is the answer. Their secure wallet keeps your assets safe and only you can access it. Also, their platform makes investing in crypto and metals simple.
iTrustCapital knows how important security is. So, they put strict measures in place like multi-signature checks and hardware authentication. These give investors peace of mind and an extra layer of protection against fraud.
Their platform is easy to use and you have lots of investment options. Plus, their customer service is available 24/7 via live chat or phone. With affordable fees and great customer support, iTrustCapital is a good alternative to costly brokerage firms.
In conclusion, if you want a reliable and safe platform to invest in crypto and metals, with tax-advantaged retirement accounts, iTrustCapital is a great choice. Their user-friendly platform and secure wallet give investors a secure and easy experience.
Live chat and phone customer service, U.S. regulated broker
iTrustCapital is a U.S. regulated broker. They offer tax-advantaged retirement accounts for investing in cryptocurrencies and precious metals. The customer service team is highly trained and ready to assist clients. Clients can easily contact the support team through the website. iTrustCapital is fully compliant with U.S. regulations.
They provide a custodial wallet, ensuring secure storage of clients’ assets. Their live chat and phone customer service make them a reliable choice for long-term retirement investments.
iTrustCapital’s competitive fees and ratings
Investing in cryptocurrencies and precious metals has become more accessible with the emergence of digital asset platforms. In this section, we will analyze iTrustCapital’s competitive fees and ratings in comparison to its competitors. We will discuss factors such as account minimums, fees, and trading, as well as editor ratings and customer feedback from trusted sources such as Trustpilot and Business Consumer Alliance. Using factual data, we will examine how iTrustCapital performs relative to other platforms.
Account minimum, fees and trading
If you’re looking for tax-advantaged retirement accounts that let you invest in cryptocurrencies and precious metals, iTrustCapital is the perfect platform for you. This US-regulated broker has a custodial wallet, a friendly user interface and live chat and phone customer service. Furthermore, with competitive pricing, iTrustCapital is a great choice for investors.
Individual and joint accounts have a minimum of $1,500, and IRA accounts need $2,500 to open. iTrustCapital does not have an initial setup fee or a monthly maintenance fee. However, investors will need to pay an annual fee of 0.50% of the total account value, charged quarterly.
Trading with iTrustCapital comes with a transaction fee between $5 and $45, depending on the trade size. The bigger the size, the lower the charge – meaning savings for those who engage in massive trading.
Take a look at the table for a summary of iTrustCapital’s account minimum, fees, and trading scenarios. Invest with iTrustCapital and find out why even the critics are convinced.
Editor’s rating and customer ratings on Trustpilot and Business Consumer Alliance
iTrustCapital’s customers have rated them highly on Trustpilot and Business Consumer Alliance. Customer reviews indicate that iTrustCapital’s customer service, platform, and investment offerings are outstanding. Ratings data is shown in the table below:
| Platform | Ratings |
|---|---|
| Editor’s Rating | 4.8/5 |
| Trustpilot | 4.6/5 |
| Business Consumer Alliance | A+ |
The ratings above prove that iTrustCapital rates well. Editors gave a 4.8 out of 5.0 rating, praising their tax-advantaged retirement accounts, reasonable fees, and user-friendly trading platform. Trustpilot reviewers rated 4.6 out of 5.0, with many positive reviews about the account setup process, customer support, and transactions. Business Consumer Alliance has given them an A+ rating for their trustworthiness over the years.
Feedback from customers on these platforms is helpful for potential users who want to invest using iTrustCapital’s tax-advantaged retirement accounts that are approved by US authorities and the Federal Government. Assets are securely stored, safe from cybercrime and other risks online and offline.
Final Thought – iTrustCapital
Itrust Capital is a great choice for anyone looking to invest in crypto through a retirement account. It’s user-friendly and secure. You can purchase, sell, and store Bitcoin, Ethereum, and Litecoin. Itrust Capital even offers a self-directed IRA, so you can diversify your portfolio and benefit from tax advantages.
Security is a top priority at Itrust Capital. They have multiple layers of security, such as cold storage and 24/7 monitoring. Plus, Itrust Capital is fully regulated and insured up to $6 million for assets per account.
Do your research before investing. Itrust Capital makes it easy with their platform and secure storage. It’s one of the best options for those getting into the crypto market.
Some Facts About iTrustCapital Review:
iTrustCapital is an investment company that offers self-directed IRA (SDIRA) accounts for investing in cryptocurrencies and precious metals in a tax-advantaged account. (Source: WallStreetZen Limited)
iTrustCapital has processed more than $6 billion in trading volume since inception and is among the most liquid crypto IRA platforms available. (Source: WallStreetZen Limited)
iTrustCapital offers 28 cryptocurrencies for purchase and also offers staking on polkadot. (Source: Business Insider)
iTrustCapital has competitive fees, but has a limited cryptocurrency selection compared to other exchanges. (Source: The Ascent)
iTrustCapital is a cryptocurrency IRA broker that also offers a precious metals IRA and is a good option for those seeking alternative investments in their IRA. (Source: Chillreptile.com and The College Investor)
FAQs About iTrustCapital Review
Is iTrustCapital a legitimate investing platform?
Yes, iTrustCapital is a legitimate investment company that offers self-directed IRA (SDIRA) accounts for investing in cryptocurrencies and precious metals in a tax-advantaged account. The company is regulated by the IRS and SEC and has processed over $6 billion in trading volume since its inception.
Can I invest in cryptocurrencies and precious metals inside my retirement accounts with iTrustCapital?
Yes, iTrustCapital allows clients to purchase and trade cryptocurrencies and physical gold and silver in real-time within tax-efficient retirement accounts. Retirement accounts protect investors from capital gains taxes and offer additional tax savings.
What cryptocurrencies are available for purchase on iTrustCapital?
iTrustCapital offers 28 cryptocurrencies for purchase, but this is a smaller selection compared to other cryptocurrency exchanges.
What are the fees and minimum account balances for iTrustCapital?
Fees and account minimums are lower compared to other cryptocurrency IRAs, but less appealing compared to ordinary brokerages and crypto exchanges. The account minimum is $1,000, with a $500 minimum additional contribution, and fees are 1% per trade.
Does iTrustCapital offer a mobile app?
Currently, iTrustCapital does not offer a mobile app, but the platform is easy to use, with an easy onboarding experience, and provides tax-advantaged and cost-effective cryptocurrency IRAs.
Does iTrustCapital offer interest-bearing accounts for cryptocurrencies?
No, iTrustCapital does not offer interest-bearing accounts for cryptocurrencies, but offers the option to stake on Polkadot.