7 Best Bitcoin IRA Companies 2023 (Ranked by lowest fees)

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I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

Crypto IRA reviews reveal the best and most reliable crypto IRA companies. We chose these companies based on lowest fees, customer reviews, leadership team, and transparency.

Editors' Choice
Lowest Fees
Best Crypto Storage
Best Customer Support
5.0
5.0
4.5
4.5
  • Buy & sell crypto 24/7
  • Up to $700M custody insurance
  • Over 60+ cryptocurrencies
  • Tax-free investing
  • 24/7 investing
  • Low fees
  • Institutional-grade crypto custody
  • Ability to invest in crypto and precious metals
  • Insured cold storage wallet
  • Excellent customer support
  • Dollar-for-dollar custodial insurance
  • Tax-free growth
  • Industry leading customer support
  • Military-grade security
  • A-rated insurance
  • Tax-advantaged crypto trading
Custodial setup fee waived for a limited time ($150 value)
$100 reward when you fund your account
Free Ledger for new customers
$50 or a free NFT to new qualified accounts
Editors' Choice
5.0
  • Buy & sell crypto 24/7
  • Up to $700M custody insurance
  • Over 60+ cryptocurrencies
  • Tax-free investing
Custodial setup fee waived for a limited time ($150 value)
Lowest Fees
5.0
  • 24/7 investing
  • Low fees
  • Institutional-grade crypto custody
  • Ability to invest in crypto and precious metals
$100 reward when you fund your account
Best Crypto Storage
4.5
  • Insured cold storage wallet
  • Excellent customer support
  • Dollar-for-dollar custodial insurance
  • Tax-free growth
Free Ledger for new customers
Best Customer Support
4.5
  • Industry leading customer support
  • Military-grade security
  • A-rated insurance
  • Tax-advantaged crypto trading
$50 or a free NFT to new qualified accounts

Market volatility and the increasing popularity of cryptocurrencies have many investors wondering how they might include crypto in their retirement portfolios.

Because the IRS classifies digital assets as property investments, you can use them in individual retirement accounts (IRAs) through certain IRA providers.

These seven Bitcoin IRA companies are the best choices to help you protect and diversify your retirement portfolio.

Top 7 Best Bitcoin IRA Companies

  1. Bitcoin IRA – Editors’ choice
  2. iTrustCapital – Lowest fees
  3. BitIRA – Best crypto storage
  4. My Digital Money – Best customer support
  5. Alto IRA – Best for alternative assets
  6. Coin IRA – Best for non-IRA accounts
  7. Choice App – Best rated app

Methodology

We thoroughly researched dozens of available crypto IRAs and chose seven based on their fees, promotions, length of time in business and leadership. We also looked at verified third-party Bitcoin IRA reviews to ensure our selected companies provide the services as advertised.

Crypto IRA Reviews

These are the seven best crypto IRAs available (and which market they are best for).

Bitcoin IRA – Editors’ Choice

Chris Kline, Johanne Haze, and Camilo Concha founded Bitcoin IRA in 2015 to provide a way for investors to control their futures and invest in a growing asset class without the intermediary of a mutual or exchange-traded fund.

Company Highlights

  • Location: Los Angeles, CA
  • Services: Bitcoin IRA, Bitcoin 401(k), Bitcoin Roth IRA, and Saver IRA
  • Available Coins: 60+ cryptocurrencies
  • BBB Rating: A+
  • Account Minimum: If you want to roll over from another account, the minimum is $3,000. If you want to deposit cash, the minimum is only $100, but it requires a recurring monthly contribution.

Fees:

  • Setup Fee: 5.99% of your initial deposit
  • Trading Fee: 2% per transaction
  • Management Fee: 0.08% of your account value monthly
Pros
  • Buy & sell crypto 24/7
  • Up to $700M custody insurance
  • Over 60+ cryptocurrencies
  • Tax-free investing
Cons
  • Monthly fees
  • Must keep crypto assets inside IRA

Why we chose Bitcoin IRA: Bitcoin IRA is the most secure and experienced provider on this list. Its early entry into the business gives it a unique perspective that most other companies cannot match. This, combined with its vast array of excellent offerings, puts the provider at the top of our list.

Promotion: Custodial setup fee waived for a limited time ($150 value)

Bitcoin IRA

Bitcoin IRA is the 1st and most trusted crypto IRA platform that lets you self-trade cryptocurrency in a self-directed IRA. Open an account today.

We earn a commission if you invest, at no additional cost to you.

iTrustCapital – Lowest Fees

iTrustCapital has more than four years’ experience and has handled more than $6 billion in transactions. A highly-experienced team of business and security experts committed to protecting and working for their investors lead the company.

Company Highlights

  • Location: Irvine, CA
  • Services: Crypto IRA and Precious Metals IRA
  • Available Services: 30+ cryptocurrencies, physical gold and silver
  • Investment Minimum: $1,000

Fees:

  • Cryptocurrency Trades: 1% per transaction
  • Physical Gold: $50 over spot per ounce
  • Physical Silver: $2.50 over spot per ounce
Pros
  • 24/7 investing
  • Low fees
  • Institutional-grade crypto custody
  • Ability to invest in crypto and precious metals
Cons
  • Trading fees
  • Limited crypto options

Why we chose iTrustCapital: iTrustCapital has a highly transparent and consumer-focused fee structure. The company also has excellent rates and fees and provides customers with top-notch information to make the best possible decisions.

Promotion: $100 reward when you fund your account

iTrustCapital

iTrustCapital is the #1 Crypto IRA platform offering cryptocurrencies, gold and silver within your retirement accounts. Open an account today.

We earn a commission if you invest, at no additional cost to you.

BitIRA – Best Crypto Storage

Jeremy Warner founded BitIRA to create a secure, accessible way for investors to grow tax-deferred crypto investments. Since then, the company has gained a reputation for its secure storage methods and hundreds of positive customer reviews.

Company Highlights

  • Location: Burbank, CA
  • Services: Crypto IRA
  • Available Coins: 18+ cryptocurrencies
  • BBB Rating: A+
  • Investment Minimum: $5,000

Fees:

  • One-Time Setup Fee: $50
  • Maintenance Fee: Ranges from $300 to $1,000 per year, depending on the amount in the account
Pros
  • Insured cold storage wallet
  • Excellent customer support
  • Dollar-for-dollar custodial insurance
  • Tax-free growth
Cons
  • High custodial fees
  • Limited crypto options

Why we chose BitIRA: BitIRA is one of the most secure cryptocurrency IRAs available. The company uses a combination of cold storage (offline storage) that is more secure than any other crypto wallet and private keys.

Promotion: Free Ledger for new customers

BitIRA

BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). Request free crypto guide.

We earn a commission if you invest, at no additional cost to you.

My Digital Money – Best Customer Support

My Digital Money is a recently established cryptocurrency IRA company that aims to combat increasingly concerning high inflation rates.

It wants to create a more accessible version of crypto investing for less experienced investors and has found its footing among the best crypto IRA companies.

Company Highlights

  • Location: Pasadena, CA
  • Services: Crypto IRA
  • Available Coins: 18+ cryptocurrencies
  • Fees: 2.9% per trade
  • Investment Minimum: $1,000
Pros
  • Industry leading customer support
  • Military-grade security
  • A-rated insurance
  • Tax-advantaged crypto trading
Cons
  • Limited crypto trading options
  • Must keep your crypto assets inside IRA

Why we chose My Digital Money: My Digital Money has top-notch security, customer support and insurance. Though its trading fees are slightly higher than other options, it more than makes up for it in the security and promise you’ll have with your investment.

Promotion: $50 or a free NFT to new qualified accounts

My Digital Money

My Digital Money is a self-directed digital assets IRA platform that allows investors to buy digital assets in a tax-advantaged retirement account. Open an account today.

We earn a commission if you invest, at no additional cost to you.

Alto IRA – Best for Alternative Assets

Founded in 2015, Alto IRA aims to level the playing field between large-scale wealthy investors and the average American. The Alto IRA can contain a variety of alternative investments, including collectibles and other property assets.

You can use almost anything approved by the IRS in your self-directed IRA from Alto.

Company Highlights

  • Location: Nashville, TN
  • Services: Alto IRA and Crypto IRA
  • Available Assets: 200+ cryptocurrencies, art, real estate, private equity and farmland
  • Fees: Flat rate of $10/month or $100/year
  • Investment Minimum: The minimum amount to open an account with Alto varies by investment type. The Crypto IRA requires a minimum of $10
Pros
  • Invest in multiple asset classes
  • Institutional-grade storage
  • 200+ cryptocurrencies
  • Tax-advantaged investing
Cons
  • No mobile app
  • Must keep your assets inside IRA

Why we chose Alto IRA: There are very few investment companies that will allow you to invest in as wide a variety of assets as Alto. The company also offers excellent security and storage options and reasonable rates. Alto IRAs have very low investment minimums, making them accessible to the average investor.

Alto CryptoIRA

The Alto CryptoIRA can only hold cash and provides access to buy, sell, and hold cryptocurrencies through the Coinbase exchange. Open an account today!

We earn a commission if you invest, at no additional cost to you.

Coin IRA – Best for Non-IRA Accounts

Your retirement investment is likely one of your most valuable assets. Coin IRA knows this, so it has set out to ensure that all investors are fully aware of the risks and rewards of cryptocurrency investing with retirement funds.

Company Highlights

  • Location: Woodland Hills, CA
  • Services: Crypto IRA
  • Available Assets: 20+ cryptocurrencies
  • BBB Rating: A+
  • Fees: 1.25% on buy trades and 1% on sell trades
  • Investment Minimum: $20,000
Pros
  • Non-IRA custody accounts
  • Low transaction fees
  • High-grade security
  • Exceptional customer support
Cons
  • Limited crypto options
  • Must keep your assets inside IRA

Why we chose Coin IRA: We chose Coin IRA for its customer support options. If you are a new or reluctant investors, Coin IRA will ensure you’re totally comfortable before putting any money down. While they allow fewer types of cryptocurrency, they ensure the cryptos on their platform meet their high standards.

Choice App – Best Rated App

Kingdom Trust runs Choice App and is committed to protecting consumers and allowing average, everyday investors to access crypto investing.

Company Highlights

  • Location: Murray, KY
  • Services: Crypto Roth IRAs, Traditional IRAs, and SEP IRAs.
  • Available Assets: Cryptocurrencies
  • Investment Minimum: No minimum

Fees:

  • $0.005 per share, with a $1 minimum per trade
  • 1% annual fee
Pros
  • Easy-to-use mobile app
  • No setup fees or minimums
  • Institutional-grade security
  • Ability to invest in multiple assets
Cons
  • Limited customer support
  • Must keep your assets inside IRA

Why we chose Choice App: Choice App has low rates — making the company a great choice for those closer to retirement — and offers excellent security and a quality insurance policy to protect investors. Combined with no minimum investment, this means it is a great choice for new investors.

Crypto IRA Calculator

This calculator will help you calculate how much your retirement account will be if you invest in Bitcoin and Ethereum in your IRA.

CALCULATE NOW

Crypto IRA Guide

Before investing in a crypto IRA, here are a fee important things you should look for when making your decision:

  • Look for crypto IRAs that meet your preferences. They should include the coins you want to invest in and have a fee structure that works for you.
  • If you plan to let your investment sit, choose a crypto IRA with a high trade fee and low maintenance fee. Choose the opposite if you plan to trade frequently.

Understanding Bitcoin IRAs

IRAs allow people to invest in conventional investment options such as stocks, securities and bonds, while Bitcoin IRAs allow investors to put money into cryptocurrencies.

Per IRS regulations, investors need custodial management to reap the tax benefits of an IRA, and many crypto IRA companies have arisen to meet this demand.

Benefits of Bitcoin IRAs

Portfolio diversification: It can be difficult to represent digital currency in your retirement portfolio without having a crypto IRA, so opening one offers a unique kind of diversification you can’t get elsewhere.

Tax advantages: Cryptocurrency investing in a retirement account is one of the only ways to trade cryptocurrency while avoiding double taxation. You will either pay capital gains tax or income tax but not both.

Decentralization: No central location is running cryptos, which gives you added security.

Capital appreciation: Cryptocurrencies can rise in value much faster than other assets.

Security: Blockchain applications such as crypto are uniquely secure types of investments.

Risks of Bitcoin IRAs

Price volatility: The value of a cryptocurrency investment is largely based on speculation, so prices are highly volatile.

Account and trading fees: Because of additional secure storage requirements and the nature of digital currency, fees and costs for a crypto IRA are higher than most other types of accounts.

Complexity: The complexity of digital assets often requires the expertise of digital currency specialists.

High risk: The value of crypto depends on speculation and a coin’s perceived future value, making them highly volatile and subject to extreme fluctuations.

Crypto IRA Fees & Costs

These are the costs you can expect with a crypto IRA:

Account setup fees: Many accounts offer no setup fees on new accounts, but if they exist, they are often under $100 or 5%.

Storage fees: Crypto uses complex storage options, so some crypto IRAs will charge small storage rates. These are typically a small percentage of your total investment.

Account maintenance fees: Some accounts charge maintenance fees. These might be flat-rate fees of several hundred dollars or a 0.1-5% annual charge.

Trading fees: Trading fees are typically a percentage of each trade you make and can vary from 1-5%.

Bitcoin IRA Storage Options

Cold storage: Cold storage refers to offline storage. Because it is not connected to any public network, it is less “hackable” than other secure storage options.

Third-party crypto exchange: This storage utilizes distributed users and blockchain applications to create a highly secure storage place for your investment.

Popular Cryptos to Put in Your IRA

These are some of the most popular cryptocurrencies to include in your retirement planning:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Cardano (ADA)
  4. Polygon (MATIC)
  5. Solana (SOL)

How to Pick The Right Crypto IRA Company

Choosing the best cryptocurrency IRA company depends on what you’re looking for from your crypto investments. If you want to trade frequently, look for accounts with low trading fees.

If you’re close to retirement, avoid accounts with hefty setup fees that will take a cut larger than you will be able to redress.

How to Open a Bitcoin IRA Account

  1. Choose your crypto IRA dealer.
  2. Check their eligibility requirements and investment minimums.
  3. Open an account.
  4. Speak to a crypto IRA specialist.
  5. Decide how you will invest.
  6. Begin the rollover process from an existing IRA, or fund your account with cash.
  7. Select the cryptocurrencies you would like to invest in.
  8. Trade your crypto inside your IRA, or sit back and watch your assets grow tax-free.

Which Crypto IRA Company is Right for You?

The right cryptocurrency IRA company depends on your individual needs and investment plan. All companies on this list will provide you with excellent services.

Choosing between them is up to you and your financial advisor and depends on the amount you plan to invest, the coins you intend to buy and your risk tolerance.

Bitcoin IRA FAQs

These are the most commonly asked questions about opening a crypto IRA.

What is a Bitcoin IRA?

A Bitcoin IRA is an IRA operated by Bitcoin. It allows you to fill your retirement account with alternative investment options that other IRA companies do not allow.

How does a Bitcoin IRA work?

A Bitcoin IRA holds cryptocurrency in place of conventional stock options in a Roth or traditional IRA.

Can I invest in Bitcoin with my 401(k)?

Few 401(k)s will allow you to invest in cryptocurrency, such as bitcoin cash. Instead, you can roll over your account into a crypto IRA, allowing you to buy bitcoin.

What does the IRS say about cryptocurrency IRAs?

The IRS says that account holders cannot place crypto in their accounts themselves and must use an account custodian.

Bitcoin IRA

Bitcoin IRA is the 1st and most trusted crypto IRA platform that lets you self-trade cryptocurrency in a self-directed IRA. Open an account today.

We earn a commission if you invest, at no additional cost to you.

I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

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