The company’s interest income program has similar interest rate characteristics to that of traditional banks. A customer can open an account and deposit funds into a self-directed retirement account, sign up for the Interest Income Program, and then earn a return over time. Unlike traditional banks, where the average national savings rate is only 0.05%, the IRA earn program offers interest rates that are almost 100 times better, reaching up to 6% per year, based on the unique ability of blockchain to remove the middleman.
Chris Kline, COO and Co-Founder of Bitcoin IRA said:
“The new IRA earn program is revolutionary for crypto IRAs and offers far higher rates than traditional banking. Bitcoin and cryptocurrencies enable consumers to unlock new breakthrough financial opportunities. This exclusive program enables our customers to grow their retirement accounts maximize. and can be used to offset platform trading fees and / or custody fees, effectively making the Bitcoin IRA opportunity FREE. “
By collecting interest through the IRA Earn program, pension fund owners can increase their account value by benefiting from interest income previously unavailable to long-term crypto holders. This is on top of the potential price increase in the crypto assets themselves.
- Higher Interest Rates: Earn up to 6% APY with cash on the Bitcoin IRA platform and competitive interest rates on Bitcoin and Ethereum.
- Monthly Payouts: Accrue interest daily and receive monthly payouts.
- No lock-up period: Open terms allow customers to earn interest at their own discretion without long-term commitments.
- Low minimum requirements: Earn interest with just a few $ 10,000.
Michael Paleokrassas, General Manager of Genesis, said:
“We are excited to partner with Bitcoin IRA to provide the first ever interest income solution for individual retirement accounts (IRAs). Bitcoin IRA was a pioneer in this area and continues to innovate with IRA Earn. You are a trusted partner and we are looking for me.” look forward to building our relationship together. “
The IRA earn program is available to all account holders today. Individuals interested in participating in the program should contact bitcoinira.com/earn or call 866-333-4307.
About Bitcoin IRA
Bitcoin IRA, available at bitcoinira.com, is the world’s first, largest and most secure digital asset IRA technology platform that allows customers to purchase cryptocurrencies and physical gold for their retirement accounts.
The company provides a secure trading platform for self-directed retirement accounts that allows customers to set up a qualified IRA account for digital assets, transfer funds from an existing IRA custodian, and conduct and store self-dealings in real time around the clock on a leading US exchange Fund funds in an industry-leading multi-signature digital wallet from BitGo, Inc.
As of 2016, Bitcoin IRA has processed over $ 500 million in investments and has processed over 100,000 account holders with over 2,500 5-star customer reviews. The company has been featured extensively in the media including Forbes Magazine, CNBC, CoinDesk and the Wall Street Journal.
Bitcoin IRA is a financial services technology provider and, as such, is not a financial advisor, cryptocurrency, exchange, custodian, wallet, primary coin provider (ICO), or money transmitter. Bitcoin IRA is privately funded and is based in Los Angeles.
For more information on Bitcoin IRA, please visit bitcoinira.com or call 866-333-4307.
Genesis is a leading global provider of institutional digital asset markets 45 billion dollars in annual deals, loans and transactions. We launched the first U.S. OTC bitcoin trading desk in 2013 and have a proven record of success with some of the world’s largest hedge funds, quant funds, family offices, VCs, market makers, and exchanges that focus on digital Focus assets.
Based on the only global over-the-counter digital asset trading company registered with the SEC and FINRA, Genesis combines unmatched operational excellence, seamless user experience and world-class customer service. Click here to learn more about Genesis, our services, and our latest fourth quarter results.
Genesis Prime is our fully integrated platform and end-to-end solution for discerning market participants and offers a central access point for trading digital assets, derivatives, borrowing, lending, custody and prime brokerage. Our team has decades of experience with leading Wall Street investment banks and Silicon Valley technology companies and includes leading experts in blockchain, distributed computing, cryptography and cybersecurity.
Genesis is a subsidiary of the Digital Currency Group (DCG), the largest investor in the Bitcoin and blockchain industry, and the exclusive sales and marketing agent for Grayscale Investments.
SOURCE Bitcoin IRA