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Bitcoin IRA™ Launches Next Generation of IRA Services for Digital Assets

Company Announces New Partnership with BitGo Trust for Secure Custody; New Offering Features $100 Million Insurance Protections and Lower Fees

LOS ANGELESJune 25, 2019 /PRNewswire/ — Bitcoin IRA, the world’s first, largest and most secure digital asset IRA company that allows clients to self-trade cryptocurrencies and other digital assets 24/7 for their retirement accounts, today announced that it has launched the next generation of investment retirement account services for digital assets. With this launch, a division of Bitcoin IRA has become BitGo Trust’s retail administrator for retirement accounts.

Since 2016, Bitcoin IRA has processed over $350 million in digital asset transactions for self-directed retirement accounts. In 2019, its new self-directed client’s saw significant growth due to the increase in the value of cryptocurrencies in the first half of the year.

Bitcoin IRA’s clients will now have their digital assets stored with BitGo Trust Company, the first qualified custodian purpose-built for digital assets. BitGo Trust’s cold storage carries $100 million in insurance where the offline private keys are held 100% by BitGo or BitGo Trust. Additionally, Bitcoin IRA is able to reduce wallet holding fees by 30% and reduce client transaction fees. Bitcoin IRA and BitGo Trust Company will also be waiving the first year’s account fee for a limited time.

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Chris Kline, COO, Bitcoin IRA said:

“Our partnership with BitGo Trust provides our clients with faster account funding, lower fees, as well as significantly increased insurance protections. This establishes us not only as the premiere digital asset retirement platform, but also expands us to a leading full-service solution for businesses with a large number of retail clients looking to easily invest in digital assets safely and securely.”

Mike Belshe, CEO, BitGo, said:

“Bitcoin IRA delivers an innovative retirement platform and, with our industry-leading technology and practices for security, custody, and compliance, we have built the industry’s best offering for retail investors who want to make digital assets a part of their retirement investment strategy.”

Bitcoin IRA’s Digital IRA division will be handling all administrative responsibilities including retirement plan administration, transfer application process, BSA/AML compliance, and transaction monitoring.

ABOUT BITCOIN IRA
Bitcoin IRA, available at bitcoinira.com, is the world’s first, largest and most secure digital asset IRA company that allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts.

The company provides a trading platform for self-directed retirement accounts which allows clients to set up a qualified digital asset IRA account, transfer funds from an existing IRA custodian, execute trades in real-time 24/7 through a leading exchange and then move the funds into an industry-leading multi-signature digital wallet from BitGo, Inc.

Since 2016, Bitcoin IRA has processed over $350 million in investments, gained over 4,000 clients and received more than 400 5-star client reviews. The company has been featured extensively in the media, with coverage in Forbes magazine, CNBC, and The Wall Street Journal, among other publications.

Bitcoin IRA is a financial services technology provider and as such is not a financial adviser, cryptocurrency, exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter. Bitcoin IRA is privately funded and based in Los Angeles. It is currently exploring investment capital.

Learn more about Bitcoin IRA at bitcoinira.com or call 866-333-4307.

ABOUT BITGO
BitGo is the market leader in digital asset financial services, providing institutional investors with security, custodial, and liquidity solutions. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company supports over 100 coins and tokens and has over $2 billion in assets in wallet. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo is backed by Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.

Press Release: Bitcoin IRA Adds Digital Gold To Its Self-Trading Retirement Platform

LOS ANGELESFeb. 13, 2019 /PRNewswire/ — BitcoinIRA.com, the world’s first and largest digital asset IRA company that allows customers to purchase cryptocurrencies and other digital assets for their retirement accounts, has announced it is adding Digital Gold (DG) to its platform. Digital Gold is the first-of-its-kind to be offered in a retirement setting and it is eligible for purchase today on its proprietary self-trading IRA platform.

Digital Gold is an innovative, proprietary solution that allows customers to instantly buy and sell investment-grade, pure physical gold 24/7. Digital Gold combines the stability of gold with the speed of ETFs, and customers have 100 percent direct ownership of their physical gold. The product is the most cost-effective physical gold IRA asset now available on the market because it removes the large markups and transaction costs found with traditional gold sellers.

Customers always maintain the title to their real gold through a cryptographically-secure blockchain database that investors can utilize to verify ownership. Their physical gold is securely stored in the vaults of the Royal Canadian Mint and is fully deliverable upon request at any time. The product is insured, cost-effective and has a fully transparent, 24/7 settlement process.

BitcoinIRA.com’s Digital Gold is developed in a strategic alliance with Dillon Gage Metals, one of the world’s largest precious metals wholesale firms and leading technology innovator in the industry.

Mark Furmanek, chief operating officer at Dillon Gage Metals said, “I am excited to provide strategic support to BitcoinIRA.com‘s newest product, our 40 years of experience in physical precious metals and our investment into technology has the making of a strong alliance.”

BitcoinIRA.com’s COO and co-founder Chris Kline added, “We are proud to expand our product offering with the launch of Digital Gold and to have Dillon Gage Metals as our strategic provider. Before this innovation gold buyers had to choose between dollar-derived proxy ETF certificates or slow, expensive physical gold. We are disrupting the industry by offering the best of both products and making them tradeable 24/7 on our propriety IRA platform.”

Digital Gold joins 8 other digital assets available on BitcoinIRA.com’s platform including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar Lumens (XLM) and Zcash (ZEC).

Consumers can self-trade Digital Gold and cryptocurrencies inside the BitcoinIRA.com platform today by visiting bitcoinira.com/digital-gold.

About BitcoinIRA.com

BitcoinIRA.com is the world’s largest and most secure technology company that allows customers to purchase cryptocurrencies and other digital assets for their retirement accounts. The company offers full-service and self-service options which include setting up a qualified digital asset IRA account, rolling over funds from an existing IRA custodian, executing a live trade on a leading exchange and then moving funds into an industry-leading multi-signature digital wallet.

Since 2016, BitcoinIRA.com has processed over $300 million in investments, gained nearly 5,000 customers and received more than 400 5-star customer reviews. The company has been featured extensively in the media, with coverage in Forbes magazine, CNBC, and The Wall Street Journal, among other publications.

BitcoinIRA.com is a fintech service provider and as such is not a financial adviser, cryptocurrency, exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter. BitcoinIRA.com is privately funded and based in Los Angeles.

Learn more about BitcoinIRA.com at https://bitcoinira.com or call 877-936-7175.

About Dillon Gage Metals

Dillon Gage Inc. of Dallas (DillonGage.com), founded in 1976, companies include:

Dillon Gage Metals (www.DillonGage.com), one of the world’s largest precious metals wholesale trading firms. The firm is an authorized purchaser for all major world mints and maintains inventory in over 20 countries around the world. Additionally, the company provides advanced tools and technologies that enable market participants to be more successful in their businesses, allowing electronic trading and offering cloud-based solutions for the physical precious metals marketplace. 800-375-4653

FizTrade Online Trading (www.FizTrade.com) offers a real-time bid/ask trading platform for gold, silver, platinum and palladium. 800-375-4653.

Dillon Gage Refining (www.dillongage.com/refining/why-dg), professional assayers and refiners of precious metal scrap, from low grade to karat scrap. Stone removal services and diamond experts on staff. 888-436-3489.

CONTACT: Mike Schrobo, [email protected]

SOURCE Bitcoin IRA

Related Links

https://www.bitcoinira.com