BitcoinIRA.com, a platform that allows customers to purchase bitcoin and other cryptocurrencies for their retirement accounts, today announced the launch of a turnkey, white-label solution for enterprise businesses to enable them to invest their customers into a bitcoin IRA.
This new enterprise solution is designed to specifically cater to financial advisors, registered investment advisors (RIAs), wealth managers and other licensed money managers with customers that want to invest in cryptocurrencies.
Financial Advisors can access the new enterprise platform to trade 24/7 on behalf of their customers or they can allow their customers to trade for themselves and monitor their activity through a back-end administrative portal. Bitcoin IRA does not hold any of the funds, so when trades are completed, management fees are distributed in real time.
Bitcoin IRA’s enterprise program uses best-in-class storage and security to store their client’s cryptocurrency investments, including multi-signature “cold storage” wallets from BitGo. It also has a top-level BSA/AML compliance program, two-factor authentication and a $1 million consumer protection insurance policy.
“We are excited to offer this new enterprise solution and work closely with financial advisors in a variety of industries, and in doing so, expand our offerings to a wider demographic,” said Bitcoin IRA Chief Operating Officer Chris Kline. “Demand and interest for cryptocurrencies remains extremely high despite recent drops in prices and our new enterprise platform allows money managers to invest their clients in crypto now before prices may rebound in 2019.”
This announcement follows on the heels of the Bitcoin IRA Self-Trader launch, which enables customers to buy, sell, and swap cryptocurrencies directly inside their retirement accounts, 24 hours a day, 7 days a week. The launch also included a full BitcoinIRA.com website redesign, a faster and easier application process, improved real-time cryptocurrency price charts, a knowledge center, order history reporting and more.