• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Gold IRA Handbook

#1 Self-Directed IRA Guide

  • Home
  • Investing in Gold
  • Rollover Guide
  • Best Gold IRA
  • Best Bitcoin IRA
  • Get FREE Report

Jinia Shawdagor

BitIRA Review

Last Updated July 29, 2021 by Jinia Shawdagor Leave a Comment

BitIRA

3500 W Olive Ave Suite 730

Burbank, CA 91505

  • (800) 299-1567
  • bitira.com

Products Available:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Self-Directed IRA
BitIRA logo

Best in Customer Service

  • Top Ranked Bitcoin IRA
  • Low Competitive Fees
  • Outstanding Service
  • Excellent Customer Reviews
Visit Website

I’ve always been intrigued by IRA investment plans, but have only been using conventional retirement account asset classes that only include mainstream properties such as stocks, mutual funds, and bonds.

But, when the IRS released a statement in 2014 that they would treat Bitcoin the same way they view stocks and bonds, I knew my chance for investment diversification had arrived.

However, in the summer of 2018, I was introduced to BitIRA—a novel Bitcoin IRA platform that helps you diversify your investment options. I’ve been there for more than a year, and here is my personal BitIRA review about this incredible IRA platform.

bitira guide

​Get Your FREE Digital IRA Guide!

​Learn How You Can Supercharge Your Retirement Today

​send me my free GUIDE!

Who is BitIRA?

BitIRA was founded in 2017 and comes from parent company, Birch Gold Group.

Birch Gold Group has years of experience and is one of the leading investment firms, helping investors purchase precious physical metals such as gold and silver into their IRAs.

BitIRA is a solution to help retirement investors gain better control over their retirement accounts, particularly in terms of adding cryptocurrencies to their portfolios. It was created to provide average IRA investors a simple and streamlined platform where they can open IRS-compliant IRAs.

Although BitIRA is parented by the highly reputable investment company, it remains independent and caters to the needs of investors looking to diversify their IRA with cryptocurrencies. As such, each company runs its own platform and marketing strategies to attract their respective target consumers.

An Overview of What BitIRA Offers

The 2014 Internal Revenue Service (IRS) official declaration serves as the basis for BitIRA and other cryptocurrency IRAs because it officially meant that digital currencies such as Bitcoin were eligible assets for holding in IRA accounts.

So, if you’re familiar with stocks and bonds, BitIRA offers you an alternative to investing in cryptocurrencies as taxable assets.

Using this platform, you can hold and grow a variety of cryptocurrencies under special tax-deferred status. Among the cryptocurrencies BitIRA offers are Bitcoin, Litecoin, Ripple, Ethereum, Bitcoin Cash, Ethereum Classic, Stellar Lumens, and Zcash.

bitira coins

All self-directed IRAs in this platform are managed by Preferred Trust Company as the custodian.

Even though you have full control over your assets and investment portfolio you are required to have a custodian help you manage your account. This expediency not only helps you prepare vital documents but also assists you in getting assets rolled over into a new cryptocurrency IRA.

Additionally, any cash deposits of up to $250,000 in your account with Preferred Trust Company will be fully covered by the FDIC. This will give you not only a sense of security but also of peace of mind knowing that your retirement savings and investments are highly safeguarded.

What are the Costs & Fees?

A new investor will need to deposit a minimum of $20,000 to fund their account and start investing in a Digital Currency IRA.

As for the custodian fees, they will vary depending on each account.

The good news is that Preferred Trust Company offers some of the most competitive fee schedules in the industry.

Rankings, Complaints & Customer Reviews

Despite being in business for only 2 years, BitIRA has received remarkable ratings from leading rating agencies in the industry.

This platform has an A rating from the Better Business Bureau (BBB) with a 5-star customer rating and zero complaints.

BitIRA received similar rankings from the Business Consumer Alliance (BCA) with a AAA company rating.

This goes a long way to show that the platform is not only legit but also trustworthy and reliable.

What are the Pros & Cons?

Pros

  • Low Competitive Fees
  • Multiple Cryptocurrency Options
  • Fully Insured Investment
  • High Authority Rankings
  • Outstanding Customer Reviews

Cons

  • High IRA Account Minimums
  • Company Has Short History

Should You Open an Account with BitIRA?

This is a question that most of us probe before any investment undertaking, right?

Adding cryptocurrencies to your IRA investment portfolio is right for a number of reasons.

First, security. One of the scariest things about investing your money in digital space is security. You can invest tens of thousands of cash in your Bitcoin IRA only to wake up and find all your investment gone!

BitIRA understands that your retirement savings may represent several decades of savings, and as such, don’t take the gravity of this lightly. The company has invested in the latest encryption technology to ensure that the digital wallet, where your digital cash is stored, remains secure and away from spying eyes of cyber-criminals.

Beyond this, the company protects your digital assets with "end-to-end" insurance with a $100 million coverage. This means your digital currency is insured from transit to storage. You can feel safe that your digital currency is insured against hacking, theft, physical loss, damage and destruction.

Additionally, the company has taken voluntary steps to register with the U.S government. Since most crypto institutions choose to remain decentralized, by registering with the government, BitIRA subjects itself to regulations to the good of their customers.

bitira storage

Second, first-rate pedigree. As I noted previously, BitIRA was founded by a team from Birch Gold, one of the pioneers in helping Americans place precious physical metals in their retirement investment accounts. This means not only an abundance of experience in the business but also reliability and trustworthiness.

Third, diversification. Unlike most crypto IRA companies, BitIRA allows you to buy up to eight digital currencies for your portfolio. This allows you to maximize profit while at the same time, minimize risks. You can also invest in other assets such as precious metals.

Lastly, unlike most competitors in this investment realm, BitIRA also allows tax-free investing in digital assets. Since cryptocurrencies are now classified as personal properties for tax purposes, you can add them to your IRA, and the growth won’t be taxed until withdrawal.

How to Get Started

To set up an account with BitIRA is fairly straightforward.

To apply, just visit BitIRA.com and choose to either apply online or have a professional assist you in the sign-up process.

Although setting up an account on your own is easy and fast, contacting the staff will be a great way of exploring and asking other questions before opening.

This is where you’ll inquire about the pricing and options you have with your IRA investment portfolio.

bitira guide

​Get Your FREE Digital IRA Guide!

​Learn How You Can Supercharge Your Retirement Today

​send me my free GUIDE!

Final Thoughts

BitIRA is still a young player in the industry where some people may feel it doesn’t have a satisfactory track record. But, most top rated BitIRA reviews are already recording consistently high scores regarding the platform’s offerings and reliability.

Ensuring BitIRA fees are clear and straightforward is a key suggestion for improvement in the company.

All things said, this is a top destination for investors looking for reliability, diversification, and flexibility.

Jinia Shawdagor
Jinia Shawdagor

Jinia Shawdagor is a fintech writer passionate about cryptocurrency, blockchain, and iGaming. She has been writing professionally since 2013. When she’s not writing, Jinia loves traveling and feels joy from the little things in life.

Filed Under: Bitcoin IRA Companies

Regal Wallet Review

Last Updated July 29, 2021 by Jinia Shawdagor Leave a Comment

​​​Regal Wallet

​​280 S Beverly Dr 5th Floor

​​​Beverly Hills, CA 90212

  • (844) 913-7373
  • ​regalwallet.com

​​Products Available:

  • ​Bitcoin
  • ​Ethereum
  • ​Litecoin
  • ​Ripple
  • ​Self-Directed IRA
regal assets logo

​​Best in Product Selection

  • ​​Top Ranked ​Bitcoin IRA
  • Low ​Annual ​Fees
  • ​Outstanding ​Service
  • ​Excellent Customer Reviews
​Visit Website

​I’ve always been an avid player in the stock markets and various other areas of conventional IRAs. But I’ve come to realize that times are changing, and shrewd investors need to adjust accordingly.

After years of investing, I have found individual retirement accounts (IRAs) to be one of the most reliable conduits of retirement savings. While doing some research on how to kickstart my retirement savings, I stumbled upon Crypto IRAs and the huge benefits it can offer the right investor.

As I was doing my due diligence, I realized that Regal Wallet stood out on top among ​its competitors.

This crypto IRA enjoys the best possible scores from all the major assessment agencies and offers some of the best investment features around.

Here is my personal, but earnest Regal Wallet review.

​​​Request Your FREE ​​Crypto IRA Guide!

​L​imited​: ​​​​​Get Free Forbes issue & DVD "The Rise of Bitcoin"

​send me my free GUIDE!

​What is Regal Wallet?

Regal Wallet is a service operated by Regal Assets, a legendary precious metals investment company that has, for many years, pioneered the IRA management industry. It was established in 2009 by a then-young entrepreneur, Tyler Gallagher.

​His goal was to establish a simplified platform that offered a breath of new life into the precious metals investment world. He thought the industry suffered from questionable dealings, red-tape bureaucracy, and lack of transparency.

Regal Assets decided to offer Regal Wallet as an expanded service to also make it possible for its clients to invest in the highly lucrative world of digital currencies.

Regal Wallet can, therefore, be considered a digital asset account sale and a storage service, hence ‘wallet.’

Regal Wallet

​An Overview of What Regal Wallet Offers

The basics of Regal Wallet are pretty straight forward, but you’ll need to have a basic understanding of cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, and Ethereum, etc.

Now that the IRS has defined cryptocurrencies such as Bitcoin as ‘property,’ you can now have crypto in your registered Regal Wallet. Regal Assets will allow you to add a variety of digital cash (altcoins) into your investment portfolios or into your retirement account.

Regal Wallet also allows investors to set up a ‘cold wallet’ that is completely secure, hacker-proof, and immune to regulatory confiscations. This not only ensures that your cryptocurrencies are safe from cyber thugs, but also your digital assets can’t be confiscated in case of legal changes regarding cryptos.

Although Regal Wallet was only introduced in the IRAs market in 2017, it is today broadly recognized as one of the best, if not the best. Interestingly, Regal Assets teamed up with the custodian Kingdom Trust and a renowned crypto exchange Coinbase.

In fact, these Bitcoin IRA accounts come with $200 million in insurance protection by Lloyd's of London, one of the biggest insurance companies in the world. They also come with lifetime account management support and the ability for clients to diversify their holdings into more than 30 different digital assets.

​If you are interested in tapping the potential of the highly lucrative crypto world, Regal Wallet offers you a simplified and transparent process of getting exposure to the cryptocurrency market with your IRA funds.

What are the Costs & Fees?

You’ll be required to deposit a minimum of $10,000 after opening your account in order to activate it.

At a minimum, each account holder is also required to purchase $5,000 per cryptocurrency.

For all retirement accounts, you'll have to pay yearly fees of $240, but Regal Assets completely waives your first-year dues.

​Rankings, Complaints & Customer Reviews

Regal Assets has been a leader in the provision of precious metal IRAs, having maintained the highest rating profile in the industry for ten years straight.

Its dealings and strengths have been recognized in prominent platforms such as Forbes Magazine, Smart Money, The Street, Reuters, and Bloomberg Businessweek.

In the financial category, Regal Assets was also ranked number 20 in the United States by the well-known INC 500 thanks to its efficient and reliable business dealings.

The company has credited its marvel record growth to persistently concentrating on making the clients’ first priority in every transaction.

​In fact, the company has done asset management so magnificently that it has received an A​AA rating with the Business Consumer Alliance (BCA) and a 5 star rating with TrustLink, some of the most reputable ​rating bodies.

What are the Pros & Cons?

Pros

  • Low Yearly Fees
  • No Setup Fees
  • ​​Multiple ​Cryptocurrency Options
  • ​High Authority Rankings
  • ​Outstanding Customer Reviews

Cons

  • ​High IRA Account Minimums
  • ​Limited Educational Resources

​Should You Open a Regal Wallet Account?

Today, cryptocurrencies are recognized not only as currencies, but also as valuable assets like gold and diamonds. However, in comparison to most precious metals, the value of Bitcoin and other digital currencies could be significantly undervalued at the moment.

​This gives you a golden chance to invest and reap the benefits in the foreseeable future.

For instance, a $200 IRA investment in Bitcoin in 2011 would have been worth nearly $1,500,000 today.

regal wallet crypto growth

​​More and more businesses and people are continuing to use cryptocurrencies in the digital age since they are broadly considered as the ‘currencies for the future’.

Besides, the supply of a cryptocurrency like Bitcoin is capped at 21 million, which means that there is a finite supply that exists.

With limited supply comes increased value, and a great chance for astute IRA investors to take the plunge. Being completely decentralized, and underlined by blockchain technology, this asset is free from central bank manipulation and regulatory policies.

This makes it wise to include cryptos in your investment portfolios in 2020 going forward.

Most Regal Wallet reviews give it the highest industry ratings, separating it from most of its competitors. Here, you also have the ability to diversify your investments in physical bullion.

This means that you can not only invest your IRA in a variety of cryptos but can diversify to physical assets such as gold and silver.

How to Get Started

Regal Wallet makes it absolutely easy for new IRA investors to open their crypto accounts. There are only four steps.

First, fill in a Bitcoin IRA form and submit. The company then sets up your account in 24 hours.

After that, you will have to fund your account.

​Next they will load your wallet and put your digital coins in cold storage.

The company’s approach to crypto storage is virtually flawless in terms of security, dependability, and safety of your digital assets.

​​​Request Your FREE ​​Crypto IRA Guide!

​L​imited​: ​​​​​Get Free Forbes issue & DVD "The Rise of Bitcoin"

​send me my free GUIDE!

​Final Thoughts

Regal Wallet comes with the highest level of security and a wide selection of coins to make this a reality for you.

Apart from high account minimums and lack of educational resources, this platform would receive an easy 100% score.

Regal Wallet is probably the best, if not the ultimate best in the crypto IRA industry. They have received the best ratings thus far since they started, and their efficiency is effectively second to none.

Jinia Shawdagor
Jinia Shawdagor

Jinia Shawdagor is a fintech writer passionate about cryptocurrency, blockchain, and iGaming. She has been writing professionally since 2013. When she’s not writing, Jinia loves traveling and feels joy from the little things in life.

Filed Under: Bitcoin IRA Companies

Noble Bitcoin Review

Last Updated July 29, 2021 by Jinia Shawdagor Leave a Comment

​​Noble Bitcoin

​1 S Fair Oaks Ave #207

​​​Pasadena, CA 91105

  • ​(877) 646-5347
  • ​noblebitcoin.com

​​Products Available:

  • ​Bitcoin
  • Ethereum
  • ​Litecoin
  • ​Ripple
  • ​Self-Directed IRA
noble bitcoin logo

Best for New Investors​

  • ​​Top Ranked ​Bitcoin IRA
  • Low ​Annual ​Fees
  • ​Outstanding ​Service
  • ​Excellent Customer Reviews
​Visit Website

The thought of getting exposure to the cryptocurrency market through your IRA is exciting. Apart from being able to enjoy favorable tax treatment, a Bitcoin IRA allows you to diversify your portfolio in a market that is expected to grow.

Although it is legally possible to get exposure to Bitcoin and other crypto-assets while using your IRA, you will be lucky if your retirement account allows it. Most IRA firms do not offer self-directed IRAs that let you invest in any asset under the law apart from those sold by the IRA Company.

Noble Bitcoin, however, solves this problem with a simple self-directed cryptocurrency IRA offering with instant access to top-ranking cryptocurrencies. All this is done according to law as Noble Bitcoin is a licensed IRA custodian.

This Noble Bitcoin review includes a detailed overview of the company and its limitations as well.

noble bitcoin guide

​​Get Your FREE ​Bitcoin IRA Guide!

​​​​Learn How to Rollover Your IRA or 401(k) Into​ Bitcoin

​send me my free GUIDE!

​Who is Noble Bitcoin?

Noble Bitcoin is the cryptocurrency arm of Noble Gold Investment (a precious metal IRA firm). They were funded 3 years ago by a team of experts with an acute understanding of digital currencies in an economic recession.

Despite Bitcoin’s volatility, serial entrepreneurs and market watchers like Richard Branson and ​Bill Gates agree that digital currencies can change the world.

Noble Bitcoin has therefore taken it upon itself to offer a service that allows IRA holder freedom from banks in a legally compliant and secure way.

Since the cryptocurrency market is still in its nascent stage, regulatory uncertainty has been a common theme.

IRAs, however, are not limited to mutual funds, stocks and other popular asset classes. Sure the IRS does not explicitly endorse Bitcoin, but since the 2014 declaration of Bitcoin as property, it is now broadly accepted that Bitcoin does not fall under the asset classes prohibited by law.

The possibility of combining Bitcoin (a high-profit asset) with a tax-free IRA has brought about an explosion of offers from different firms. Some of these firms take advantage of unsuspecting investors, with false claims of being IRS-approved.

Also, most crypto IRA firms come with hefty fees that discourage investors.

Noble Bitcoin offers a simplified and transparent process of getting exposure to the cryptocurrency market with your IRA funds.

​Born out of the frustrations of dealing with dishonest and expensive Bitcoin IRA offerings, the executive team that founded the company created a legally safe and easy way to buy Bitcoin and other cryptocurrencies using IRA funds.

The Founding Team

Charles Thorngren

Charles Thorngren  //  CEO

Charles Thorngren, the CEO of Noble Bitcoin, is a seasoned financial and investment expert with experience that goes as far back as 1995. After starting his career in the stocks and bonds industry, Thorngren went on to develop his investment company in the investment banking industry.


He later ended up in real estate, precious metals, and other alternative assets industry. As the CEO, Thorngren brings to the table a wealth of expertise in understanding the significance of digital currencies in global economic downturns.


Thorngren has had enough skin in the game such that at one time, his client value caught the attention of a “Fortune 500” finance house.

Collin Plume

Collin Plume  //  President

Collin Plume, the president of Noble Bitcoin boasts of over fifteen years of experience in commercial real estate, property insurance, and the precious metal investment industry.


As a finance and economic expert, Collin Plume has advised clients on asset management and strategy even during the Great Recession. After studying what the next financial crisis would look like, Plume discovered the lasting value of alternative assets like precious metals and cryptocurrencies.

​An Overview of What Noble Bitcoin Offers

Noble Bitcoin is a licensed IRA custodian that provides a trusted cryptocurrency IRA service.

The firm is capable of rolling over your IRA in a simple step by step process that takes less than five minutes.

While making any form of cryptocurrency investment (especially if you are a non-technical person) can be a challenge, Noble Bitcoin’s interface is easy to use and the process of legal compliance is easy as well.

From any location in the world and with any device, Noble Bitcoin gives you access to top-ranking cryptocurrencies like Bitcoin, Ripple, Ethereum and Litecoin all under a self-directed account. 

Although the selection of cryptocurrencies you are exposed to is not as comprehensive as their competitors, what you get is a list of the most reliable crypto-assets currently in the market.

Also, every compliance issue is taken care of throughout the entire process and all you have to do is deposit funds and trade cryptocurrencies.

For the security of your funds, Noble Bitcoin IRAs are stored with BitGo, a third party company, to provide multi-signature cold crypto wallets. This has been the missing piece in the financial services aspect of cryptocurrencies.

Bitcoin logo

​BITCOIN

Ethereum logo

​​ETHEREUM

Litecoin logo

​LITECOIN

Ripple logo

​RIPPLE

​What are the Costs & Fees?

Compared to existing options, Noble Bitcoin fees and investment minimums are excellent. To begin with, opening an account is free, however, you will be charged an annual fee of $225.

This amount is used to cover the compliance and maintenance costs of your account.

The minimum deposit for a crypto IRA with Noble Bitcoin is set at $10,000, however, you can start from as little as $3,000 if you are making non-IRA transactions.

​Rankings, Complaints ​& Customer Reviews

Even though Noble Bitcoin has only been around for 3 years, the company enjoys a high rating from its customers and other independent ranking platforms.

For example, with zero complaints on the Better Business Bureau, Noble Bitcoin gets an A- rating which is quite commendable for a young company.

Furthermore, since its launch, Noble Bitcoin reviews have had a history of receiving five-star ratings on TrustLink.

​What are the Pros & Cons?

Pros

  • ​Low Account Minimums
  • ​Low Yearly Fees
  • ​No Setup Fees
  • ​High Authority Rankings
  • ​Outstanding Customer Reviews

Cons

  • ​Limited Cryptocurrency Options
  • ​Company Has Short History

​Should You Open an Account with Noble Bitcoin?

If you are looking to keep your wealth intact in the middle of a global economic downturn, the best alternative is to invest in a cryptocurrency IRA.

However, it pays to be cautious as you do your due diligence to find a perfect fit for your needs.

One of the best ways to identify a trustworthy cryptocurrency provider is to check whether that provider offers insurance. On top of its offer of BitGo’s cold storage wallets, Noble Bitcoin also offers up to $9 million insurance in case of a security breach.

Despite the few cons, the company offers a reliable solution for anyone eager to invest ​in a Bitcoin IRA.

noble bitcoin guide

​​Get Your FREE ​Bitcoin IRA Guide!

​​​​Learn How to Rollover Your IRA or 401(k) Into​ Bitcoin

​send me my free GUIDE!
Jinia Shawdagor
Jinia Shawdagor

Jinia Shawdagor is a fintech writer passionate about cryptocurrency, blockchain, and iGaming. She has been writing professionally since 2013. When she’s not writing, Jinia loves traveling and feels joy from the little things in life.

Filed Under: Bitcoin IRA Companies

Primary Sidebar

FREE “Gold Scams” Report

Free Gold Scam Report

"Don't invest until you learn about these 5 gold scams and how to protect yourself"

Send Me Free Report Now!

Precious Metal Prices

GoldUSD 1,873.70
SilverUSD 22.30
PlatinumUSD 970.60
PalladiumUSD 1,581.30
Feb 07 2023 00:44 EST

Company Reviews

Advantage Gold Review

American Bullion Review

APMEX Review

Birch Gold Group Review

Blanchard Review

Broad Financial Review

Capital Gold Group Review

CheckBook IRA Review

Colorado Gold Review

Goldco Review

GoldDealer.com Review

JM Bullion Review

Kitco Review

Lexi Capital Review

Monex Review

New Direction IRA Review

Noble Gold Review

Provident Metals Review

Red Rock Secured Review

Regal Assets Review

Rosland Capital Review

United Gold Direct Review

More Resources

why invest in gold video how to invest in gold video
Gold and Silver for Life Webinar

Footer

About Us

Blog
Contact Us
Privacy Policy
Terms of Use

More Resources

Why Invest in Gold?
How to Invest in Gold?
What Assets Can Be in an IRA?

Live Price Charts

Gold
Silver
Platinum
Palladium

© 2023 Gold IRA Handbook. All Rights Reserved. Disclosure | Earnings Disclaimer DMCA.com Protection Status

Gold Scams Protection

Get Your FREE Report

Inside this Special Report You'll Discover:


 -5 Most Popular Gold Scams in 2021
 -Physical vs "Paper Gold"
 -How to Find a Trustworthy Gold Dealer
 -The Best Storage Location for Your Gold
 -Important Notes on "Home Storage" IRA's

x