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Tagged: #checkbookIRA, #IRALLC, crypto
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Q/A – Bitcoin IRA vs. IRA LLC to invest in cryptocurrency?
Posted by George Blower on August 29, 2021 at 8:13 amQUESTION:
I am interested in investing my IRA funds in cryptocurrency. I am considering using a Bitcoin IRA vs IRA LLC to invest in crypto – what are the advantages of using an IRA LLC structure?
RESPONSE:
The advantages of using an IRA LLC to invest in cryptocurrency (compared to a self-directed IRA) include the following:
(a) Direct Checkbook Control
(b) Access to More Cryptocurrency exchanges
(c) Ability to Hold the Private Keys
Learn More:
George Blower replied 2 years, 7 months ago 1 Member · 1 Posts -
0 Replies
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George Blower
August 29, 2021 at 8:13 amQUESTION:
I am interested in investing my IRA funds in cryptocurrency. I am considering using a Bitcoin IRA vs IRA LLC to invest in crypto – what are the advantages of using an IRA LLC structure?
RESPONSE:
The advantages of using an IRA LLC to invest in cryptocurrency (compared to a self-directed IRA) include the following:
(a) Direct Checkbook Control
(b) Access to More Cryptocurrency exchanges
(c) Ability to Hold the Private Keys
Learn More:
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