Choosing the appropriate retirement benefits plan is what everyone needs for a better future. The following Bitcoin IRA firms are the top-rated in 2022.

Choosing the appropriate retirement benefits plan is what everyone needs for a better future. An effective way to achieve this is to go for a Bitcoin Individual Retirement Account (IRA). Users can easily add various cryptocurrencies to their investment portfolios with a Bitcoin IRA. Those using crypto IRAs prefer them due to a possible rise in prices in the long term.

Surprisingly, portfolio diversification isn't the only good thing about a Bitcoin Individual Retirement Account. The platform also allows people to invest in the cryptocurrency market more securely. Crypto IRAs are relatively safer than the standard exchange platforms. 

The government, through the IRS, created rules governing the operation and management of Bitcoin IRAs. The relevant authorities monitor all the service providers to ensure no one violates the set financial management policies. 

Using a crypto-based IRA comes with some challenges. For example, there isn't any protection plan against the custodian's bankruptcy. Another significant problem is that Bitcoin IRAs are expensive to open and maintain. The providers charge various fees, including registration, and first and subsequent trades.

Despite the high charges, Bitcoin IRA service companies protect your assets against theft or fraud. They achieve that by ensuring the funds, thus ensuring additional investment security. The following are the five leading cryptocurrency IRA companies in the industry today.

1. Bitcoin IRA

The Bitcoin IRA company is one of the top-ranked crypto-based IRA providers. Since its inception in 2015, this cryptocurrency giant has served numerous clients. According to records, more than 100k customers have benefited from this company's unique methods.

If you choose Bitcoin IRA, you will enjoy a more diverse market with over 50 different cryptocurrencies. Just like trading crypto with Bitcoin Prime, users can access the Bitcoin IRA platform at any time during the week. 

To minimize losses, the Bitcoin IRA company ensures all the invested assets. However, one pays higher fees to use the platform. The minimum deposit amount of $3000 is also less affordable to many. 

 2. iTrustCapital

With four years in operation, iTrustCapital is another excellent Bitcoin IRA service provider. It's one of the most reputable asset management firms in Los Angeles and its surroundings. The investors using iTrustCapital for their retirement benefits plans enjoy lower trading fees of 1%. 

This platform doesn't charge monthly fees and rewards people with $100 after opening an account. Moreover, you can invest in up to 25 or more cryptocurrencies while using the iTrustCapital platform. Unlike other Bitcoin IRA providers, this company allows a minimum investment deposit of just $1000. And this makes iTrustCapital one of the most affordable options in the sector today.

3. BitIRA

BitIRA offers incredibly cheap investment options to crypto IRA holders. The company has recorded significant growth rates since its launch in 2017. Presently, BitIRA is among the best Bitcoin IRA service providers. The platform boasts the most superior security features, keeping intruders away 24/7. 

You need a minimum account investment of $5k to begin trading on the BitIRA platform. Additionally, investors can choose any of the 15+ crypto types the company offers, depending on their preferences. Luckily, this crypto IRA provider doesn't charge subsequent monthly fees. As a result, it's pretty affordable in the long term.

4. Broad Financial

Broad Financial (BF) is ideal for those seeking more flexible Bitcoin IRA platforms. It charges an initial one-time fee of $320. In addition, you must pay a $1400 trading fee to use the platform. 

If you're an experienced cryptocurrency investor, BF can allow you to manage your assets personally. Users on this platform also enjoy a lot of autonomy. That's because there are no functionality limitations, and you can make various operational decisions independently. 

5. CoinIRA

CoinIRA offers any necessary resource a retirement benefits investor may need. These include technical guidance when creating an account and investment advice from the top industry experts. 

Working with CoinIRA enables you to select your desired storage options. And this is possible because the company accepts various digital wallet providers. Unfortunately, people using the CoinIRA platform pay higher fees. For instance, a $20k minimum investment amount applies. You'll also pay a start-up fee of $50 and another $195 annually for maintenance.

Parting Shot 

Working with the leading Bitcoin IRA firms is the only way to achieve the best returns. Most top-rated companies support numerous cryptocurrencies, have excellent security features, offer a perfect investment experience, and charge affordable fees. It's vital to make the right choice and push your retirement benefits to the next level.