iTrustCapital

iTrustCapital is a digital asset investment platform that allows users to buy and sell cryptocurrency and physical gold within a tax-advantaged Individual Retirement Account (IRA). By using iTrustCapital, investors can trade Bitcoin, Ethereum, and other assets 24/7 without triggering taxable events on every trade, which is a major advantage over trading on standard exchanges.

The platform is known for its low fees and simple interface, removing the complexity often associated with self-directed IRAs. Assets are secured using institutional-grade storage solutions like Coinbase Custody. This platform is ideal for long-term believers in crypto who want to build tax-free or tax-deferred wealth for their retirement.

Frequently Asked Questions

1. specific monthly fees?

No, iTrustCapital does not charge any monthly account fees or setup fees. Instead, they charge a 1% transaction fee on every crypto trade you make within the platform. Gold and silver transactions have a different fee structure based on the spot price.

2. Is my crypto safe?

Yes, client assets are held with regulated custodians like Coinbase Custody and Fireblocks, which utilize cold storage. While crypto itself is not FDIC insured, the custodians carry insurance policies against theft and cybercrimes. This provides a high level of security for your retirement funds.

3. specific minimum to open an account?

Yes, the minimum initial funding amount to open a new account is $1,000. You can fund this via a contribution from your bank account, a transfer from another IRA, or a rollover from a 401(k). Subsequent contributions can be in smaller amounts.

4. Can I withdraw my money early?

Since this is a retirement account (IRA), early withdrawals before age 59½ may be subject to taxes and a 10% penalty from the IRS. It is designed for long-term holding, not for short-term trading liquidity. You should consult a tax professional before making withdrawals.

5. What assets are available?

iTrustCapital offers a wide selection of major cryptocurrencies including Bitcoin, Ethereum, Solana, and Cardano, as well as physical Gold and Silver. They frequently add new assets based on customer demand and regulatory compliance. You can trade between these assets instantly within the platform.