To get started, you'll need to create an account on a platform that allows you to earn interest on your cryptocurrency stocks. Compare interest rates, How to earn interest on. BiTIRA currently offers an Aave IRA, along with a variety of other cryptocurrency-based SDIRAs. A BiTIRA Aave IRA can be an excellent cryptocurrency option to add to your retirement savings portfolio, as it provides another way to get a solid return on your retirement savings.
As if different cryptocurrencies weren't enough to overwhelm potential investors, the rules on IRAs and retirement accounts can be overwhelming. Investing in cryptocurrency and gold with a Bitcoin IRA tax-deferred is a simple way to diversify your retirement savings, but fees are high and volatility could also be a problem.