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.
My Digital Money is a digital wallet that enables individuals to buy, sell and store various cryptocurrencies, providing potential investors with a secure and convenient way to manage their digital assets.
- Military-grade cold storage
- No monthly or account fees
- US based customer support
- 24/7 trading
- Limited crypto options
- Must trade inside your IRA
Do you want to maximize your retirement savings, but don’t know where to start? My Digital Money, or MDM for short, is a legitimate, easy-to-use and secure crypto trading platform that aims to make investing in digital assets approachable and accessible for everyone.
MDM reviews from Forbes, CNBC, MarketWatch, and CoinDesk say this company is worth checking out, and I’m here to back up their claims.
In this in-depth MDM review, I’ll discuss how MDM helps investors like me diversify their long-term portfolios with crypto. With a rock-star customer service team, iron-clad security features and a large menu of investing options, it’s easy to invest in crypto with MDM.
What is My Digital Money?
My Digital Money is a crypto IRA platform that offers intelligent investment options, such as crypto IRAs, standard trading accounts, and unparalleled military-grade security features.
MDM was founded in April 2021 and has since become one of the most reputable and talked-about crypto IRA investing platforms.
Founders Collin Plume and Guy Gotslak created the company with a mission to make investing in cryptocurrency accessible, transparent and simple.
This user-friendly investment platform allows users to roll over a 401(k) or transfer an IRA into an Equity Trust crypto IRA account funded by digital currencies such as Bitcoin and Ethereum.
How My Digital Money Works
My Digital Money is a digital trading platform that assists first-time investors with opening a crypto IRA or a standard trading account. It’s easy to check your investments on this easy-to-use platform that makes trading easy for everyone.
After signing up, you can transfer funds via ACH, roll over your 401(k) or transfer an existing IRA. Next, simply trade secure assets such as Bitcoin or Ethereum to diversify your investment portfolio.
Investors have complete control over their assets and can invest in various alternative investments, such as crypto or fractional metals, including physical silver, gold, and platinum.
With no setup fees and various resources, including a free crypto guide to help beginners, MDM makes exploring new opportunities to maximize your savings stress-free.
My Digital Money Features
My Digital Money boasts many features that make investing in cryptocurrencies easy for first-time investors and savants.
The security features of this impressive trading platform include the following:
- Multilayer hardware security modules
- A partnership with Genesis Custody, one of the global leaders in digital security.
- Tamper-resistant, offline cold storage in decommissioned nuclear bunkers.
- A-rated insurance backing your digital assets.
MDM offers two different insurance policies to protect your investments by covering between $100 to $600 million for internal or external theft, physical loss, damage or destruction.
Alongside iron-clad security, MDM offers automated crypto trading, standard trading accounts and play money accounts. Learn more about each below.
Automated Crypto Trading
My Digital Money makes it simple to automate crypto trades with Automated Crypto Trading. You can avoid potential losses and maximize potential gains with Automatic Trigger Orders that streamline your trading strategies, even when you’re not watching the market.
The stop-loss feature lets you minimize losses in your crypto IRA and brokerage accounts to protect your retirement savings. You typically get a lower average cost per coin when you use this valuable feature to automate when you average down.
Standard Trading Accounts
While MDM is best known for helping investors trade-in cash for cryptocurrencies such as Bitcoin and invest in a crypto IRA, this impressive trading platform also allows users to make trades outside their crypto IRA with Standard Trading Accounts.
The downside to a Standard Trading Account is that it doesn’t offer the same tax-free benefits as IRA trades. MDM holds all digital currencies and assets in a safe trust. This means that MDM cannot borrow, leverage or lend your assets under any circumstance.
Play Money Accounts
Investing in cryptocurrencies can be daunting, but signing up for MDM using a Play Money Account can help. You don’t even have to enter your credit card details, so there’s no risk of seeing charges to your account until you understand and love the platform.
Play Money Accounts lets new users tour the platform and try the intuitive features. You can invest in Bitcoin, Ethereum, and other popular cryptocurrencies with real-time prices without risking a dime.
MDM Fees & Minimums
|Cash Accounts||Crypto IRA|
|Transaction fees: 2.15%||Transaction fees: 2.15%|
|Custodian transaction: 0.75%||Custodian transaction: 0.75%|
|Setup fee: $0||Setup fee: $50|
|Wire or funds transfer: $30||Wire or funds transfer: $30|
|Termination fee: $75||Termination fee: $250|
|Minimum investment: $0||Minimum investment: $1,000|
How Does My Digital Money Compare?
| || || |
$50 setup fee, 2.15% transaction fee, 0.75% custodian fee
3.99% set-up fee, 2% trading fee, 0.08% maintenance fee
$50 or a free NFT to new qualified accounts
No current promotions
No current promotions
Who Should Use My Digital Money?
My Digital Money is a fantastic investment platform for anyone who wants to add digital assets or fractional metals to their investment portfolio. Most traders sign up with their retirement account, IRA, or 401(k).
However, investors can also trade in cash for crypto via ACH. You can expect exceptional customer service, the strongest-performing cryptocurrencies and military-grade security features when you use MDM.
Getting Started with MDM
Setting up an account with MDM is easy and straightforward. Follow the three steps below to open an account with this popular crypto IRA investment platform:
- Create an account
- Transfer funds from your IRA or 401(k)
- Start trading in real time
When you sign up with MDM, you can expect excellent service, zero monthly platform transaction fees, U.S.-based customer support, military-grade security and access to free Play Money accounts.
Should I Invest with My Digital Money?
My Digital Money is a wise investment decision for anyone who wants a tax advantage or to broaden their investment portfolio. Instead of putting all your eggs in one basket, you should invest in strong cryptocurrencies to keep your retirement savings safe if one market falls.
When I trade currencies on MDM’s crypto exchanges, I’m continually impressed by the excellent customer support, the vast array of options for alternative investments and intuitive features, such as automated crypto trading.
If you want an exceptional user experience and a secure platform for safe and legal investments in digital assets, open an account with MDM today and start investing in crypto, physical gold, silver and platinum on one easy-to-use platform.
Whether you have a crypto IRA, Bitcoin IRA, or self-directed IRA savings account with MDM, you’ll see tax advantages and no monthly fees.
My Digital Money FAQs
Learn more about trading crypto on mydigitalmoney.com with answers to these frequently asked questions below.
Is My Digital Money a legitimate company?
Yes. MDM is a legitimate company that allows users to invest in digital currencies to broaden their investment portfolios by putting digital assets into a secure trust.
MDM boasts a 100% score for safety and security on Scam Detector and provides military-grade security and insurance policies to ensure that your crypto IRA investments are safe from theft, damage and cyberattacks.
Who owns My Digital Money?
Founders Collin Plume and Guy Gotslak own the MDM platform and mobile app. However, users who open an account with MDM own their cryptocurrency investments.
Does My Digital Money have any pending lawsuits or complaints?
No, MDM has no pending or previous lawsuits. Likewise, there are no active complaints about this online crypto investment platform.
Where is My Digital Money located?
My Digital Money is a U.S.-based company located in Pasadena, California. Visit MDM Monday to Friday at 1 South Fair Oaks Ave., Suite 200-B, Pasadena, CA 91105.
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.
My Digital Money
My Digital Money is a self-trading crypto platform that allows investors to buy and sell cryptocurrencies inside of their retirement accounts.
Product Brand: My Digital Money
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.More Posts