Choice by Kingdom Trust

Choice is a retirement app operated by Kingdom Trust, a regulated custodian. It allows users to invest in Bitcoin, crypto, stocks, and ETFs all within a single tax-advantaged retirement account (IRA). Unlike traditional brokers that limit you to stocks, Choice gives you the freedom to hold digital assets alongside traditional equities.

The app aims to solve the "retirement gap" by giving savers access to high-growth assets. It charges no hidden fees for trading Bitcoin, earning revenue through a transparent membership or custody fee model. It is a legitimate, qualified custodian managing billions in assets, offering a secure way to hold crypto for the long term.

Frequently Asked Questions

1. specific fees?

Choice does not charge trading fees on Bitcoin trades, which is rare for crypto IRAs. Instead, they charge a monthly membership fee (Cold Storage plan) or a simple custody fee (Hold your own keys plan) depending on the account tier you select.

2. Can I hold my own keys?

Yes, Choice offers a unique model where you can hold your own private keys to your Bitcoin while it remains inside the IRA tax wrapper. This gives you ultimate security and control without sacrificing the tax benefits of a retirement account.

3. specific minimum balance?

There is no specific minimum balance to open an account, but opening a new IRA generally requires a contribution or rollover. You can start buying Bitcoin with as little as $1 once your account is funded.

4. Can I trade stocks too?

Yes, one of the main benefits of Choice is the unified dashboard. You can trade interactive brokers' stocks and ETFs alongside your Bitcoin and other cryptocurrencies in the same app, rebalancing your portfolio easily.

5. Is it FDIC insured?

Cash held in your Choice account is FDIC insured through their partner banks. However, investments in Bitcoin, crypto, and stocks are not FDIC insured and carry market risk, which is standard for all investment accounts.