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Bitcoin IRA vs Robinhood

Bitcoin IRA is a solid crypto IRA offering tax-advantaged investing plus interest. How does it compare to Robinhood? Read our comparison chart below.

 Bitcoin IRARobinhood
 Visit SiteVisit Site
 

Bitcoin IRA

Robinhood

SPECIAL OFFER
Invest in Cryptocurrency with Your IRA - Learn More

Read Bitcoin IRA Review

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading 
$0
Options Trading 
$0
Annual Fee 
None
Cryptocurrency Trading 
$0
Minimum Deposit
$3,000
$0
Mutual Fund Trading 
No
Commission Free ETFs All U.S. listed ETFs
Phone Support 
650-761-7789 (available 24/7)
Live Chat Support Available 24/7 (requires sign in)
Email Support 
Yes
Human Advisors 
No
Robo Advisor 
No
Assets Under Management 
$102 Billion
Cryptocurrencies Supported
60+
AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC
Penny Stocks 
Yes
Fiat Currencies Supported
USD
USD
Digital Wallet
Yes
No
Tax Loss Harvesting 
No
Transaction Fee
2%
No
Goal Tracker 
No
Automatic Deposits 
Yes
Broker Assisted Trades 
Not available
Good For 
Beginners; Active traders
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform 
Yes
Setup Fee
0.99% to 2.99%
 
iPhone App 
Yes (4.2 stars, 4.3M ratings)
Android App 
Yes (4.1 stars, 483k ratings)
Banking Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App 
Yes
Desktop App 
None
Wire Transfer Fee
$35 (domestic outgoing)
No
Cold Storage
Yes
Yes
Two-Factor Authentication
Yes
Device approvals, Authenticator app, SMS
Withdrawal LimitNone. 10% penalty under 59 1/2 years old
$50,000 per business day
Forex Trading 
No
Futures Trading 
No
Bond Trading 
No
CFD Trading 
No
Currency Trading 
No
Customer Service Live Chat (24 hours via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com
Locations 
No
Online Community 
No
Seminars 
Yes
Trading Platform 
Web Trading, Mobile Apps
Virtual Trading 
No
Fractional Shares 
Yes
Taxable Accounts 
Yes
401k Plans 
No
IRA Accounts 
Yes
Roth IRA Accounts 
Yes
SEP IRA Accounts 
No
Trust Accounts 
No
529 Plans 
No
 

CreditDonkey® Reviews

 Bitcoin IRARobinhood
Cryptocurrency TradingStarStarStarStarEmpty Star
Commissions and FeesStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Ease of UseStarStarStarStarStarStarStarStarStarStar
ResearchStarStarEmpty StarEmpty StarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarStar
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Interest on your cash and coins
  • Self-trade 24/7
  • 60+ cryptos
Cons:
  • Higher fees than some competitors
  • High minimum investment
Pros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Bottom LineSolid crypto IRA offering tax-advantaged investing plus interest... Read full reviewFree way to trade stocks with limited bells and whistles... Read full review
 Visit SiteVisit Site

Invest in Cryptocurrency with Your IRA

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Bitcoin IRA: Pricing information from published website as of 02/2021.

Robinhood: Pricing information from published websites as of 04/18/2020.

Robinhood

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Which is Better: Bitcoin IRA or Robinhood?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Bitcoin IRA or Goldco.

In short: Robinhood's commissions and fees is impressive.


Articles on Bitcoin IRA

Bitcoin IRA Review

Bitcoin IRA is an IRA provider which lets you invest in cryptocurrency as part of your retirement plan. But is it legit? Read on to find out.

Articles on Robinhood

Robinhood

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

Robinhood Alternatives

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

Robinhood vs Public vs Webull

Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?

Robinhood vs Webull

Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.

Robinhood IRA Review

Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.

Is Robinhood Safe

Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.

How Does Robinhood Make Money

Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.

Buy Bitcoin on Robinhood or Coinbase Pro

Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?

Which Do You Think is Best?





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