A Bitcoin IRA or cryptocurrency IRA is an Individual Retirement Account in which Bitcoin or other approved digital currencies are held in custody for the benefit of the IRA account owner. It functions the same as a regular IRA, only instead of holding paper assets, it holds Bitcoin, Ethereum, Litecoin and Ripple.
Bitcoin IRAs are usually self-directed IRAs, a type of IRA where the custodian allows more diverse investments to be held in the account. Bitcoin self-directed IRAs can include other types of retirement accounts such as, Roth IRAs, SEP IRA, SIMPLE IRA, HSA, Thrift Savings Plan (TSP), and 401(k)s.
Bitcoin is a decentralized form of currency and free from government regulations. Bitcoin gives you heightened control of your money.
Bitcoin is a completely anonymous and private form of personal currency. With our multisignature Bitcoin wallet service, it’s also 100% secure.
The Bitcoin supply is inherently limited – there can only ever be 21 Million Bitcoins in existence. In late 2011, a $200 investment in Bitcoin would now be worth over $194,000!
Similar to gold, Bitcoin is not tied to the dollar or the stock market and moves in opposite directions. The government can’t print more Bitcoin like it does with paper money.
With a Noble Bitcoin IRA, you can now buy Bitcoin using your tax-deferred retirement funds. This means you don’t need to have cash in the bank to buy your Bitcoins today.