BURBANK, Calif., June 27, 2018 (GLOBE NEWSWIRE) — BitIRA, a market leader in providing cryptocurrency options for retirement accounts, today continued its steady expansion of available coins with the addition of Stellar Lumens (XLM) and Zcash (ZEC), which join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH) and Ethereum Classic (ETC) as investment opportunities for its customers. Equally important, BitIRA has included the new coins in its strict security protocols and end-to-end insurance program, protecting against any type of theft, fraud, mistakes or hacking from initial purchase through storage and sale.
“We are excited to meet strong customer demand for both Stellar Lumens and Zcash as part of a diversified retirement portfolio,” said Jay Blaskey, Digital Currency Specialist at BitIRA. “But while selection is important, protection is critical. Both XLM and ZEC are exciting new retirement investment options, and unlike most competitors we insure and protect those investments even after the initial transaction, so our customers can keep the new coins safe and secure.”
Stellar Lumens is a mission-driven payment platform and protocol that connects banks, payment systems and people to move money quickly and at almost no cost. It is notable for facilitating cross-border transactions in partnership with IBM and many large financial institutions such as Deloitte. Zcash has caught investment attention as the first open, permission-less cryptocurrency, fully protecting the privacy of transactions through shielded, zero-knowledge cryptography.
Strong cryptocurrency demand requires equally strong protection, which is why BitIRA immediately covered these new coin options under its security protocols and end-to-end insurance program, the broadest in the industry. Unlike basic competitive programs that merely seek to cover the initial purchase of coins, BitIRA’s comprehensive protocols include both security and insurance across purchase transactions, indefinite storage and sale. In addition to providing multisignature wallets and personal encrypted hardware devices, BitIRA is the only company to offer digital retirement investors the combination of true cold storage, end-to-end insurance and CCSS compliance for absolute peace of mind. More about this unique comprehensive protection is available here.
Additionally, BitIRA was the first digital currency IRA service to register as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Department of Treasury. A non-mandatory, but important step, BitIRA voluntarily adheres to stringent guidelines set forth by FinCEN in order to further demonstrate its staunch commitment to securing its customers’ cryptocurrency retirement savings.
XLM and ZEC, along with BTC, BCH, ETH, ETC, LTC and XRP are all available for placement in a digital currency IRA through BitIRA today. For more information, visit: https://www.bitira.com
Based in Burbank, California, BitIRA is the world’s first cold storage, insured Bitcoin IRA solution. The company specializes in helping investors place cryptocurrencies in self-directed IRAs and was established on the belief that Americans should have more choices for the type of assets available in their tax-advantaged retirement accounts. The company was founded by the team at Birch Gold Group, a national dealer of physical gold and silver, and a leader in Precious Metals IRAs. Due to this previous experience working with IRAs, BitIRA has a strong set of vendor relationships, knowledge and know-how. For more information about BitIRA or to sign up for a digital currency IRA, visit https://www.bitira.com.
Jaci Hendricks, Voxus PR
Note: BitIRA did not issue this press release through our service. We are simply sharing it on our website since it was distributed by a top-tier newswire service and relates to crypto.