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Bitcoin Self-Directed Crypto IRA | Exchanges & Brokers Comparison Guide Released

Cushing,United States - August 25, 2022 /PressCable/

CosmosUPS’ new guide will serve as a useful resource for fund managers and crypto asset investors looking to learn more about the growing industry for crypto-based financial assets. According to the guide, crypto IRAs provide several benefits over conventional IRAs, including tax advantages.

More details can be found at https://cosmosups.com/top-crypto-and-bitcoin-ira-complete-analysis-of-the-best-exchanges-and-brokers

The new guide provides learning insights on how self-directed crypto IRAs are structured, the unique services offered by top custodians in the industry, and the comparative costs for each option.

Cryptocurrency IRAs, like traditional IRAs, provide investors with the benefit of portfolio diversification without capital gains taxes. The opportunities for diversification, in this case, are more enhanced since investors can also buy into crypto assets that are pegged to various global currencies.

The CosmosUPS guide states that crypto IRAs offer more flexibility for investors interested in crypto assets as most traditional IRAs do not allow cryptocurrency investments. It reviews some top custodians offering unique services that cater to different investor needs.

According to the guide, investors interested in security will be best served with BitIRA as their crypto IRA custodians. The company offers crypto wallets secured with multi-factor authentication on desktop, web, and mobile versions.

The guide refers investors looking for expert assistance to CoinIRA, where they can invest in cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, and more with guidance from expert consultants and fund managers.

iTrustCapital is recommended for investors looking for low costs. The San Francisco-based digital asset management firm offers low-cost cryptocurrency investments for all asset classes along with insurance protection backed by Coinbase Custody.

The guide offers Bitcoin IRA as its top recommendation, due to its popularity, available crypto investment assets, and FINRA protection. Other recommended crypto investment options reviewed in the guide include Broad Financial, Acorns, and Coinbase.

About the Company

CosmosUPS is a media website that publishes reports, reviews, op-eds, and other media content on cryptocurrency-related assets. The company also creates guides for analyzing risks involved in novel crypto projects.

A section from the guide states, “Cryptocurrency is an alternative asset class for traditional investments such as bonds and stocks. But investing in cryptocurrency with an individual retirement plan is more advantageous because it provides tax advantages. This guide will explain how you can put money into cryptocurrency with an IRA.”

For more information, please visit https://cosmosups.com/top-crypto-and-bitcoin-ira-complete-analysis-of-the-best-exchanges-and-brokers

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Contact Info:
Name: Peter White
Email: Send Email
Organization: CosmosUPS
Address: 2340 East Main Street, Cushing, Oklahoma 74023, United States
Website: https://cosmosups.com

Source: PressCable

Release ID: 89080765

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