How Cryptocurrency Investing in a Self-Directed IRA Works
There are several potential advantages to investing in cryptocurrency an IRA, known as a self-directed IRA, including tax savings and the ability to diversify your portfolio.
Once you’ve decided self-directed cryptocurrency investing is for you, how does the process work?
At Equity Trust, it’s possible to get started in three simple steps.
Steps to Investing in Cryptocurrency in an Equity Trust Self-Directed IRA:
1. Open and Fund Your Equity Trust Account
Fully complete your Equity Trust application and transfer paperwork online with eSignature capabilities.
2. Complete the Digital Asset Platform Disclosure
Review, complete and sign the platform disclosure. It contains risk disclosures related to investing in digital currency, as well as fees associated with the asset class.
3. Begin Purchasing Cryptocurrency in your IRA
Digital currency can be purchased via our online platform myEQUITY.
Once you purchase, your currency is automatically stored.
Watch this video for a demonstration of the Equity Trust Digital Asset Platform:
Ready to get started? Click here to open an account or call 888-382-4727.
Prior to making any investment decisions, please consult with the appropriate legal, tax, and/or investment professionals for advice. As a self-directed IRA custodian, ETC will not provide investment advice or risk assessment of any investment. The digital currency market may experience a high degree of volatility and clients should consult with an investment professional before any investment is made.
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