Bitcoin IRA, a Los Angeles company allowing Americans to invest in cryptocurrency in an IRS-approved retirement account, is now offering Litecoin (LTC), Ethereum Classic (ETC), and Bitcoin Cash (BCH) for investment.
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“Bitcoin has become the gateway to a new way of investing and altcoins are further advancing that momentum,” said Chris Kline, Chief Operations Officer at Bitcoin IRA. “The value of cryptocurrencies goes beyond the price of each coin, it’s really the underlying technology that’s going to revolutionize our financial system. We’re excited to offer our customers the chance to capitalize on this technology and build a retirement portfolio with Bitcoin and altcoins.”
Bitcoin IRA now offers six coins for investment: Bitcoin, Ethereum, Ethereum Classic, XRP, Litecoin and Bitcoin Cash – and individuals can roll over retirement funds into whole coins or into a percentage of each. All cryptocurrency investments are held in a multi-signature BitGo wallet with three keys kept in ‘cold storage’.
Earlier this week, Bitcoin.com announced that Bitcoin Cash (BCH) support has been integrated into all the company’s wallets. The company, headed by Roger Ver, aka “Bitcoin Jesus”, said that this represents a “beautiful movement for more adoption” of this newly forked coin.