- Crypto.com IRAs offers users a number of unique advantages to create a comprehensive and rewarding mixed asset retirement account offering.
- Users in the United States may already open Crypto.com IRAs, and future plans call for the establishment of Crypto.com retirement accounts in other regions.
Today, Crypto.com announced the introduction of Crypto.com IRAs, the first-ever offering of crypto-native mixed asset retirement offering. IRA accounts for stock and cryptocurrency holdings are all easily accessible via the Crypto.com App.
With a design for tax-deferred or tax-free growth with Traditional or Roth IRA options, respectively; a contribution match of up to 5%; an uncapped match of up to 2% on transfers and rollovers; and no account fees for opening, transferring, or maintaining an account, Crypto.com IRAs offers users a number of unique advantages to create a comprehensive and rewarding mixed asset retirement account offering.
The ability to trade cryptocurrency, stocks, and exchange-traded funds (ETFs) in a single app with features for recurring purchases, whale baskets, and more **as well as the opportunity to access high yield double-digit annual rewards through cryptocurrency staking, with earnings going directly into retirement savings, are additional user benefits of the Crypto.com IRA service.
Users in the United States may already open Crypto.com IRAs, and future plans call for the establishment of Crypto.com retirement accounts in other regions. Learn more and get started here: http://crypto.com/us/crypto/ira-account.
Millions of users worldwide trust Crypto.com, which leads the market in security, privacy, and regulatory compliance as of 2016. The goal is straightforward: Cryptocurrency in Every Wallet™. Crypto.com is dedicated to using innovation to hasten the adoption of cryptocurrencies.
Only qualified U.S. consumers are eligible to utilize Crypto.com IRA services. A Traditional IRA or Roth IRA with Foris Capital US, which accepts cash and stocks, and a different Traditional IRA or Roth IRA with Foris DAX Trust Company, LLC, which exclusively accepts digital assets, are both available to qualified clients. All digital asset-related services and features are offered by Foris DAX Trust Company, LLC, not By Foris Capital US, LLC, for the IRA. IRA features are subject to regulatory requirements and availability.
One danger associated with cryptocurrency is the potential for primary loss. There is a lot of confusion around the taxes of transactions involving digital assets, especially when it comes to retirement funds. Users should consult with independent tax and financial advisors regarding their individual situation and treatment of digital asset transactions.
U.S. citizens may purchase securities from Foris Capital US LLC. Foris Capital US LLC is a member of FINRA/SIPC and a broker dealer registered with the SEC. All incentives for stock deposits are offered by Foris Capital US LLC at its exclusive discretion. Every sum shown is an example.
*Subject to Level Up status and other restrictions and conditions. Please read the terms and conditions of all IRA account agreements.
** Recurring Buy is only available in an IRA provided by Foris DAX Trust Company, LLC, not by Foris Capital US, LLC. Only an IRA offered by Foris Capital US, LLC offers whale baskets.
Source: https://thenewscrypto.com/crypto-com-launches-first-crypto-native-mixed-asset-ira-in-the-u-s/
