iTrustCapital surpasses $5B in crypto IRA transactions
2022.04.20 23:15
iTrustCapital surpasses $5B in crypto IRA transactions
Cryptocurrency individual retirement accounts (IRA) provider iTrustCapital revealed Wednesday that the total transaction volume on its platform had surpassed $5 billion, marking a 60% increase in nine months.
As told by iTrustCapital, many of its users, ranging from millennials to working professionals to senior citizens, are trading cryptocurrencies for the first time. The firm only charges a 1% buy-sell fee on cryptocurrency transactions. There are no monthly fees, and investors only need to deposit $1,000 to open an account. Through the platform, users can trade over 25 cryptocurrencies 24 hours a day, seven days a week. It also provides insurance coverage for deposits in the amount of $320 million, as per an agreement with Coinbase (NASDAQ:COIN) Custody.
