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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 $2.50 and $225) - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading 
$0
Options Trading 
$0
Annual Fee 
None
Cryptocurrency Trading 
Check
Minimum Deposit
$3,000
$0
Mutual Fund Trading 
No
Commission Free ETFs All U.S. listed ETFs
Phone Support 
24/7
Live Chat Support 
No
Email Support 
Yes
Human Advisors 
No
Robo Advisor 
No
Assets Under Management 
$80 Billion
Cryptocurrencies Supported
60+
ETC, ETH, BSV, BCH, BTC, DOGE, LTC, COMP, MATIC, SOL, SHIB
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
5.99%
 
iPhone App 
Yes (4.2 stars, 4m ratings)
Android App 
Yes (3.8 stars, 453k ratings)
Banking Robinhood Cash Card (coming soon). No monthly fee, minimum balance, or overdraft fees; Ability to earn stock and crypto rewards.
Mobile App 
Yes
Wire Transfer Fee
$35 (domestic outgoing)
No
Cold Storage
Yes
Yes
Two-Factor Authentication
Yes
Yes
Withdrawal LimitNone. 10% penalty under 59 1/2 years old
$50,000 per business day
Locations 
No
Online Community 
No
Seminars 
No
Virtual Trading 
No
Fractional Shares 
Yes
Taxable Accounts 
Yes
401k Plans 
No
IRA Accounts 
No
Roth IRA Accounts 
No
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
Customer ServiceStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty Star
Pros & ConsPros:
  • Interest on your cash and coins
  • Self-trade 24/7
  • 60+ cryptos
Cons:
  • No SEP IRA
  • Higher fees than some competitors
Pros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • No IRAs
  • 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

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Robinhood

Commission-Free Options Investing

Robinhood offers commission-free and no monthly fee options trading.

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 Ally Invest.

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.

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?

Robinhood Alternatives

When it comes to buying stocks online, many think of Robinhood first. But how do other apps compare? Is there a better commission fee-free app?

Robinhood App

Thinking about trading on Robinhood? Good job on getting started investing! But first, there are 7 things you need to know before investing on Robinhood.

Which Do You Think is Best?





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