BitIRA vs Choice IRA
BitIRA is a crypto IRA platform for those looking for hands-on assistance and high security . How does it compare to Choice IRA? Read our comparison chart below.
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BitIRA | Choice IRA | |
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Invest in Cryptocurrencies Tax Free with IRA - | Pay Less Tax on Bitcoin - | |
Benefits and Features | ||
Minimum Deposit | ||
Monthly Fee | 1% annual fee for Cold Storage $13.33/mo for Hold Your Own Keys | |
Cryptocurrencies Supported | 18 (Bitcoin, Bitcoin Cash, Chainlink, Ethereum, Ethereum Classic, Litecoin, Zcash, Stellar Lumens, Aave, Basic Attention Token, The Graph, Livepeer, Maker, yearn.finance, Dai, Uniswap, Compound) | Aave, Basic Attention Token, Cosmos, Bitcoin, Bitcoin Cash, Chainlink, Dogecoin, EOS, Ethereum, Icon, Litecoin, Maker, Monero, Neo, Polkadot, Stellar, Tezos, Uniswap, Yearn.Finance, ZCash |
Countries Supported | U.S. | U.S. |
Fiat Currencies Supported | ||
Digital Wallet | ||
Transaction Fee | Digital assets: $0.99 to 1% per trade Securities: $0.005 per share ($1 minimum) Metals: $40 per request | |
Setup Fee | $0 for Cold Storage; $625 for Hold Your Own Keys trust setup | |
Wire Transfer Fee | $0 incoming / $45 outgoing domestic; $85 outgoing international | |
Cold Storage | ||
Two-Factor Authentication | ||
Withdrawal Limit | None. 10% penalty under 59 1/2 years old | None. 10% penalty under 59 1/2 years old |
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Pros & Cons | Pros:
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Bottom Line | Crypto IRA platform for those looking for hands-on assistance and high security... | Low-cost platform to invest in stocks, crypto, and metals all in one IRA... |
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Free Ledger Nano S for New Customers
Have an IRA or old 401k with over $5,000? New qualified customers will receive a free Ledger Nano S (a $60 value) along with their purchase of cryptocurrency in their IRA account.
Which is Better: BitIRA or Choice IRA?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing BitIRA or iTrustCapital.
In short: BitIRA's safety is impressive. Choice IRA's commissions and fees and ease of use are noteworthy. In particular, the ease of use is excellent.