BitIRA, a provider of cryptocurrency investments for retirement accounts today continued its expansion of available coins with the addition of Stellar Lumens (XLM) and Zcash (ZEC), which join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH) and Ethereum Classic (ETC).
Immediately, BitIRA included the new coins in its comprehensive security and insurance protocols across purchase transactions, indefinite storage and sale. In addition to providing multisignature wallets and personal encrypted hardware devices, BitIRA offers investors the combination of true cold storage, end-to-end insurance, and CCSS compliance.
“We are excited to meet strong customer demand for both Stellar Lumens and Zcash as part of a diversified retirement portfolio. But while selection is important, protection is critical. Both XLM and ZEC are exciting new retirement investment options, and unlike most competitors, we insure and protect those investments even after the initial transaction, so our customers can keep the new coins safe and secure.”
Stellar Lumens is a mission-driven payment platform and protocol that connects banks, payment systems and people to move money quickly and at almost no cost. It is notable for facilitating cross-border transactions in partnership with IBM and many large financial institutions such as Deloitte. Zcash has caught investment attention as the first open, permission-less cryptocurrency, fully protecting the privacy of transactions through shielded, zero-knowledge cryptography.
BitIRA was the first digital currency IRA service to register as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Department of Treasury. A non-mandatory, but important step, BitIRA voluntarily adheres to stringent guidelines set forth by FinCEN in order to further demonstrate its staunch commitment to securing its customers’ cryptocurrency retirement savings.
