BitIRA vs Robinhood
BitIRA is a crypto IRA platform for those looking for hands-on assistance and high security . How does it compare to Robinhood? Read our comparison chart below.
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BitIRA | Robinhood | |
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Invest in Cryptocurrencies Tax Free with IRA - | Get a Free Stock (worth between $2.50 and $225) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ![]() | |
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Cryptocurrencies Supported | 18 (Bitcoin, Bitcoin Cash, Chainlink, Ethereum, Ethereum Classic, Litecoin, Zcash, Stellar Lumens, Aave, Basic Attention Token, The Graph, Livepeer, Maker, yearn.finance, Decentraland, Dai, Uniswap, Compound) | ETC, ETH, BSV, BCH, BTC, DOGE, LTC, COMP, MATIC, SOL, SHIB |
Fiat Currencies Supported | ||
Digital Wallet | ||
Tax Loss Harvesting | ||
Transaction Fee | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
Setup Fee | ||
iPhone App | ||
Android App | ||
Banking | Robinhood Cash Card (coming soon). No monthly fee, minimum balance, or overdraft fees; Ability to earn stock and crypto rewards. | |
Mobile App | ||
Wire Transfer Fee | ||
Cold Storage | ||
Two-Factor Authentication | ||
Withdrawal Limit | None. 10% penalty under 59 1/2 years old | |
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
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Cryptocurrency Trading | ![]() ![]() ![]() ![]() ![]() | |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Research | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Safety | ![]() ![]() ![]() ![]() ![]() | |
Stock Trading | ![]() ![]() ![]() ![]() ![]() | |
Options Trading | ![]() ![]() ![]() ![]() ![]() | |
Minimum Deposit | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Crypto IRA platform for those looking for hands-on assistance and high security... | Free way to trade stocks with limited bells and whistles... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/18/2020. |
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.
Commission-Free Options Investing
Robinhood offers commission-free and no monthly fee options trading.
Which is Better: BitIRA or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing BitIRA or Ally Invest.
In short: Robinhood's commissions and fees and ease of use are impressive.