Retirement Fund Provider Of Bitcoin Adds Ripple
Did you know that there’s something called BitcoinIRA? Well, if this is the first time you’re hearing of it, you are probably not alone. To get you up to speed, BitcoinIRA is a company that lets its users generate retirement funds and it’s all based on cryptocurrency. They just added some new options to their portfolio.
Chris Kline, COO of BitcoinIRA said that customer demand for the currency has been “immense.”
This started with XRP token from Ripple. The company says that it expects to start including more cryptocurrencies in the near future – within the coming weeks, in fact. The new additions could include ethereum classic, litecoin, and bitcoin cash.
BitcoinIRA spoke positively about XRP, calling it “the best digital asset for payments” and stating that it is “one of the largest digital assets by market capitalization.”
The firm, BitcoinIRA has history in supporting retirement accounts in both ethereum and bitcoin. They are also completely compliant with the Internal Revenue Service (IRS). BitcoinIRA guides the exchange of fiat retirement funds and turns them into cryptocurrency to provide what they call “cold” offline storage for investments.