Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, recently announced that clients have invested more than $100 million into its new interest-earning program, IRA Earn, in just 30 days. According to Bitcoin IRA, the program offers interest rates up to 6% annually on cash and crypto holdings.
“Investors can create an account today, deposit funds into a self-directed retirement account, and then enroll in Bitcoin IRA Earn. Unlike traditional banks where the average savings rate is only 0.05%, the IRA Earn program offers rates approximately 100x higher, up to 6% annually, based on the blockchain’s unique ability to remove the middleman.”
The program includes:
- High-Interest Rates: Earn 6% APY on cash, 2.7% on Ethereum, and 2% on Bitcoin
- Low Minimums: Start earning interest with as little as $10,000
- Monthly Payouts: Accrue interest daily and receive payouts monthly
- No Lockup Period: Having open terms means users can earn substantial interest without long-term commitments
Bitcoin IRA further explained:
“Retirement account owners can use Bitcoin IRA’s interest-earning program to increase the yearly return of their Traditional and Roth IRAs, and/or 401(K)s. For example, at the current rate, someone with $100,000 in cash could earn $30,000 via IRA Earn in just 5 years. This means clients taking advantage of this program can potentially earn faster and retire sooner with more money in their Bitcoin IRAs and/or 401(K)s.”
As previously reported, Bitcoin IRA claims to be the world’s first and largest IRA company that allows users to invest in cryptocurrencies and gold in their retirement accounts.
“Bitcoin IRA is a financial services technology provider and as such is not a financial adviser, cryptocurrency, exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter.”
