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CosmosUPS has published a new piece detailing how crypto IRAs work and what makes them an essential aspect of retirement planning. It was put together as a complete guide for beginners and experienced investors, with expert-led analysis on the most important things to look out for when making an IRA decision.
More information can be found at https://cosmosups.com/top-crypto-and-bitcoin-ira-complete-analysis-of-the-best-exchanges-and-brokers/
The release of the guide comes at an important time, with more and more Americans expressing concern over their retirement—and their ability to save at all. There are ongoing economic and inflation fears, and many people are not saving enough. According to USAFacts, only 46% of households across the country reported having savings.
One reason cryptocurrency IRAs are gaining popularity is that they offer a "smart" way to diversify a portfolio, according to CosmosUPS. This helps to hedge against fluctuations in traditional assets. Cryptocurrency markets are also open 24/7, unlike the stock market: investors can manage their accounts at any time, so there's innate flexibility there.
According to the guide, BitIRA allows for digital asset storage without additional software downloads and features a mobile application for account access. It's also the preferred option for those who prioritize security, as it has different wallet options that are supported by multi-factor authentication.
Another featured company is CoinIRA, noted for its customer assistance features. The platform offers direct trading against several fiat currencies, including USD, Euro, GBP, CAD, and AUD, which can simplify transactions for users familiar with traditional currency markets.
Bitcoin IRA is presented as the best overall choice, offering a range of over 20 cryptocurrencies for investment. Per the CosmosUPS guide, Bitcoin IRA also includes a $200 million insurance policy.
"Cryptocurrency is an alternative asset class to traditional investments such as bonds and stocks," a spokesperson explains, discussing the reason for the growing interest among retirement planners. "But investing in cryptocurrency with an individual retirement plan is advantageous because it provides tax advantages. If that sounds like something you're interested in, you can use our guide to have a better understanding of how to get started."
Interested parties can learn more at https://cosmosups.com/top-crypto-and-bitcoin-ira-complete-analysis-of-the-best-exchanges-and-brokers/
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
Contact Info:
Name: Peter White
Email: Send Email
Organization: CosmosUPS
Address: 2340 East Main Street, Cushing, Oklahoma 74023, United States
Website: https://cosmosups.com
Release ID: 89142392