BitcoinIRA.com, the world’s largest and most secure cryptocurrency platform that enables the customers to buy Bitcoin along with other cryptocurrencies for retirement accounts, has launched a turnkey, white-label solutions for enterprise businesses to enable them to invest their customers into Bitcoin Individual Retirement Account [IRA].
The IRA accounts are designed to specifically cater financial advisors, registered investment advisors [RIAs], wealth managers and other licensed money managers with customers that want to invest in cryptocurrencies.
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The platform does not just enable customers but also the financial advisors. They can access the platform 24/7 on behalf of their clients or even allow their clients to trade for themselves. The financial advisors will be able to keep an eye on the activities through a back-end administrative portal. Bitcoin IRA does not hold any of the funds, so when trades are completed, management fees are distributed real time.
The program uses best-in-class storage and security to store their client’s cryptocurrency investments, including multi-signature “cold storage” wallets from BitGo. It also has a top-level BSA/AML compliance program, two-factor authentication, and a $1 million Consumer Protection insurance policy. The press release stated Bitcoin IRA Chief Operating Officer Chris Kline as saying:
“We are excited to offer this new enterprise solution and work closely with financial advisors in a variety of industries, and in doing so, expand our offerings to a wider demographic. Demand and interest for cryptocurrencies remains extremely high despite recent drops in prices and our new enterprise platform allows money managers to invest their clients in crypto now before prices may rebound in 2019.”
The announcement came in time after the Bitcoin IRA Self-Trader launch. Self-trader enables customers to buy, sell, and swap cryptocurrencies directly inside their retirement accounts. The launch included a full BitcoinIRA.com website redesign, a faster and easier application process, improved real-time cryptocurrency price charts, a knowledge center, order history reporting and more.