LOS ANGELES, Sept. 7, 2017 /PRNewswire/ -- BitcoinIRA.com, the world's first company allowing individuals to invest in cryptocurrency in an IRS-approved retirement account, is now offering Litecoin (LTC), Ethereum Classic (ETC), and Bitcoin Cash (BCH) for investment.
Alternative coins are gaining ground in the cryptocurrency marketspace. Ethereum alone has grown over 4,000% in 2017, reaching an all-time high of around $400. BitcoinIRA.com first offered altcoin Ethereum (ETH) in April of 2017 and released XRP (Ripple) in August.
Chris Kline, Chief Operations Officer of Bitcoin IRA, commented:
"Bitcoin has become the gateway to a new way of investing and altcoins are further advancing that momentum," said Chris Kline, Chief Operations Officer at BitcoinIRA.com. "The value of cryptocurrencies goes beyond the price of each coin, it's really the underlying technology that's going to revolutionize our financial system. We're excited to offer our customers the chance to capitalize on this technology and build a retirement portfolio with Bitcoin and altcoins."
BitcoinIRA.com now offers six coins for investment: Bitcoin, Ethereum, Ethereum Classic, XRP, Litecoin and Bitcoin Cash - and individuals can rollover retirement funds into whole coins or into a percentage of each. All cryptocurrency investments are held securely in a BitGo® wallet with three keys kept in "cold storage." BitGo® is widely considered the most secure digital wallet with multi-signature encryption and over $1 Billion transactions per month.
BitcoinIRA.com is the world's first company that allows investors to purchase Bitcoins and other cryptocurrencies for their IRA or 401(k) retirement accounts. The platform works with leading fintech professionals to provide secure, high-quality cryptocurrency investments.
BitcoinIRA.com is a turnkey, full-service solution to purchase cryptocurrencies while maintaining full IRS compliance. The service includes setting up a qualified cryptocurrency account, rolling over funds from an existing IRA custodian, executing a live trade on a leading exchange and then moving funds into a secured, multi-signature digital wallet.
Bitcoin IRA is privately funded and based in Los Angeles.
Media Contact: Mike Schrobo, [email protected]
SOURCE Bitcoin IRA