It’s really great that you found your way here. I’m happy to discover that many new people are learning about the best cryptocurrency IRA companies. They have every intention of opening a Bitcoin IRA because they recognize the value of this powerful currency.
More than anything, investing in Bitcoin and other cryptocurrencies is a great way to totally improve your bottom line. These investments are hot right now and the value continues to go up tremendously.
Like any investment, cryptocurrencies prices will pull back from time to time, but this usually creates an opportunity for someone to gain massive wealth very quickly. Do not look at these pullbacks as a negative because IRA investing is a way to earn big money for the long term.
The reason you’re here is because you’re trying to find out how to look for the best cryptocurrency IRA companies in 2022. I’ve been in this space for quite some time now. So, I’ll tell you the things that I like to pay attention to the most.
Sounds good? Keep reading to determine exactly what to look for in a Bitcoin IRA company from this point forward.
1) Do They Have a Good Reputation with Online Peer-Reviewed Websites?
More than anything else, you should immediately focus on how a company excels or fails on online peer-reviewed websites. This is the initial barometer that we use as our measuring stick.
Why? These online websites like the Better Business Bureau and the Business Consumer Alliance spend a tremendous amount of time learning about these businesses. They put in the hard work and effort to tell us whether or not a company is successful or a failure.
Guess what? They are also willing to allow previous customers to leave complaints about a particular organization if they were slighted. This gives customers an outlet to make grievances if they aren’t happy with the products or services provided to them.
As an example, the company BitIRA has a strong presence on the Better Business Bureau website. They have an A+ rating which is the highest rating that the organization is willing to give. And they’ve also received 20 customer reviews from previous customers. Their overall rating is a 4.95 out of 5 stars, which is nearly perfect.
Even better, none of their previous customers have made any complaints about them. This shows you that BitIRA is a company in great standing with an excellent reputation.
On the other hand, you can look at the opposite as a way to determine which companies to avoid. I am not going to negatively single out any organization on this website. What if a company has 20 reviews and a 2.5 out of 5 stars? Do they have lots of negative reviews and 1 star reviews mixed in? If so, it’s highly likely a bad idea to do business with them.
So, do yourself a favor and find as much information about a company on online peer-reviewed websites first. Make sure they are a company in good standing with an excellent reputation. And make sure previous customers were very happy with their products and services.
To find out about my favorite Bitcoin IRA companies, please click here.
2) Do They Have Expensive or Affordable Rates and Fees?
One of the toughest things about Bitcoin IRA companies is their transparency with pricing. Many of the best companies are very transparent, but others fail to share their fees with their customers.
Why? Well, these companies do not want you to know that they charge higher fees than other organizations. They want you to think that their fees are in line with other companies because they are trying to take advantage of you.
No matter what, it’s always best to keep your fees to a minimum whenever possible. So, you should definitely consider fees and rates and make sure they are affordable. Otherwise, you’ll be giving away a lot of your hard-earned investment capital that could be growing your wealth instead.
Unfortunately, as I’ve said many of these companies fail to share this information on their website. You can always call to talk to a customer service representative. Let them know that you want to understand their rates and fees better before you give them your business.
As an example, a fair cryptocurrency IRA fee is a 1% transaction fee. This means they take a penny on every dollar, which isn’t very much at all.
Click here to learn about my favorite cryptocurrency IRA companies right now.
3) Does the Company Help Simplify the Account Creation and Purchasing Process?
Many investors tend to avoid things like Bitcoin IRAs because they are afraid that the process is going to be really complicated. They do not want to spend days or even weeks of their lives learning something entirely new and scary.
The best Bitcoin IRA companies are ready and willing to help their customers get started with no trouble at all. They will handle connecting them with an IRA custodian, help them fill out all the paperwork, and finally help them fund the account. And they will help them purchase cryptocurrencies for their new investment account.
If the IRA company that you’re considering doesn’t help you and all of these areas, the process may seem a little too complicated for you. It might not seem like it’s worth it for you to begin investing in this way. And it may be frustrating for you to attempt to learn how to handle all of these aspects on your own.
Try not to worry because there really are some amazing Bitcoin IRA companies in the industry right now. Then they will absolutely help you with everything. They’ll begin working on 401(k) to IRA rollovers, filling out all of the paperwork, and much more.
And when the time comes, they’ll even purchase cryptocurrencies on your behalf so that you can finally begin making money with your investments.
Find out more about my favorite cryptocurrency IRA companies by clicking here.
4) Is the Sign-Up Process Fast and Easy to Open a Cryptocurrency IRA?
So many investors are worried that it would be a real hassle to open a cryptocurrency IRA. They feel that it might be too daunting or arduous of a process. The same investors do not want the sign up to be so difficult that it takes weeks or even months to get started. They want to begin investing in cryptocurrencies now within their new IRA account.
The top cryptocurrency IRA companies in the business have a quick and easy sign-up process. More than likely, you can sign up for your account within a couple of minutes right on their website. It really is very easy when you’re dealing with a company that knows what they’re doing. And it’s even more important to do with the company that has a solid reputation in the industry.
Even though filling out the online website form takes a matter of minutes, signing up will ultimately take longer than that. But it shouldn’t be a difficult or daunting process because the best companies are always going to provide their customers with support. You’ll have somebody there to assist you every step of the way.
For those desperately in need of a guide, you’ll receive help in these areas that include the following:
- Regular customer support
- Help with distributions and contributions
- Oversight for the 401(k) to IRA rollover process
- Explanations for asset options
- Help setting up your brand-new account
- Help filling out the required paperwork
Knowing that the top Bitcoin IRA companies provide this level of guidance certainly puts me at ease. It helped me feel confident getting started with this aspect of retirement investing. And it should help you feel comfortable knowing that experts are willing to help you during account creation and set up.
Learn more about my favorite cryptocurrency IRA companies by clicking here.
5) Does the Company Have a Great Customer Service Team on Staff?
As you dig through reviews to learn about these companies, you should focus on their customer service accolades and foibles. If a company has received numerous reviews because it has poor customer service, you might want to steer clear of this organization.
Why? A company with poor customer service skills means they aren’t paying attention to detail. They will likely make other mistakes like messing up your order, overcharging their customers, and other unwanted scenarios.
On the other hand, it’s always wonderful to do business with a team that has phenomenal customer service. Do they continually receive glowing reviews about their support staff? You know that it’s a company that you can trust and count on if this is the case.
Bottom Line – Finding the Best Cryptocurrency IRA Companies Now
Getting started opening a cryptocurrency IRA in 2022 might seem like a difficult and daunting process. But if you use the guideline shared above, it certainly doesn’t have to be.
Do yourself a favor and calm down and relax. There are good companies out there ready to lend a helping hand. And they can’t wait to help you get started on your retirement investing journey.
Take a few minutes out of your busy schedule to learn about the best cryptocurrency IRA companies right now. Click here to read my detailed review of the top businesses in the industry.