Bitcoin IRA, a company that allows individuals to invest in cryptocurrency in an IRS-approved retirement account, announced on Thursday it is now offering Litecoin (LTC), Ethereum Classic (ETC), and Bitcoin Cash (BCH) for investment. While sharing details about the new cryptocurrency offers, Chris Kline, Chief Operations Officer of Bitcoin IRA, stated:
“Bitcoin has become the gateway to a new way of investing and altcoins are further advancing that momentum. The value of cryptocurrencies goes beyond the price of each coin, it’s really the underlying technology that’s going to revolutionize our financial system. We’re excited to offer our customers the chance to capitalize on this technology and build a retirement portfolio with Bitcoin and altcoins.”
Bitcoin IRA noted that it now offers six coins for investment, which are Bitcoin, Ethereum, Ethereum Classic, XRP, Litecoin, and Bitcoin Cash, and individuals can rollover retirement funds into whole coins or into a percentage of each. The company added that all cryptocurrency investments are held securely in a BitGo wallet with three keys kept in “cold storage.” BitGo is widely considered the most secure digital wallet with multi-signature encryption and over $1 Billion transactions per month.