With $400M in crypto transactions Bitcoin IRA sets new record

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Bitcoin IRA has hit an all-time high by processing crypto transactions worth four hundred million US dollars ($400 million) since its launch in 2016; an official media release confirmed the news on 28th January 2020.

Bitcoin IRA, a cryptocurrency investment firm explicitly focussing on individuals with retirement savings, started its entrepreneurial journey back in 2016 in the USA with an aim to offer alternative investment options for people with retirement accounts. It gained momentum because of all the publicity generated by cryptocurrency valuations, which, despite wide price swings, offer benefits such as higher yields and diversification.

Bitcoin IRA tops the record with $400 mn crypto transactions

Making the most of the opportunity, Bitcoin IRA launched a 24/7 self-trading cryptocurrency platform last year, and since then, it appears that it is only overachieving its targets. On Tuesday, it announced a remarkable achievement by exceeding four hundred million dollars in crypto transactions, becoming the world’s first, most extensive, and secure virtual currency IRA platform.

The technology has witnessed a massive surge in demand as the platform registered over hundreds of millions of crypto transactions since 2019. Chris Kline, COO at Bitcoin IRA, proudly remarked on this achievement by stating that the new high is testament to the platform’s customer-centric services, affordable pricing, first-rate security offerings, and a seamless and user-friendly IRA technology with all the live action of a trading platform.

With this milestone, we will continue to raise the bar in the industry and keep outclassing ourselves to attain new highs in the future, Kline added. He also confirmed that the users could gear up for new and unique product launches slated for this year, which should further enhance their platform’s credibility by empowering users with more options to grow and self-manage their portfolios.

Meanwhile, Bitcoin IRA outlined a long list of achievements in 2019, some of which include collaborating with leading crypto custodial services company BitGo Trust to bolster its custody solutions, reduce the custodial fees and ensure top-notch security. It also successfully rolled out a beta program that enables users to earn interest on their crypto holdings. A few other successful additions on the retirement were cryptocurrency Swaps and Digital Gold.

Featured Image by Pixabay

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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